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(Sumichem) Sumichem complete technical analysis [charts+indicators] | Buy/Sell Sumichem | (Sumichem) share price targets

Complete technical analysis of Sumichem (Sumichem) by charts plus indicators, forecast predictions and share price targets for Sumichem (Sumichem)

Showing technical analysis as on 2022-05-23 View latest technical analysis

10 day averaged volume of Sumichem is 35221

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 438.25 448.00 450.00 435.30 1.053 times
20 Fri May 2022 441.75 444.00 448.00 438.35 0.799 times
19 Thu May 2022 437.30 438.90 440.00 433.15 0.341 times
18 Wed May 2022 441.25 457.00 458.65 439.50 0.888 times
17 Tue May 2022 448.55 425.00 451.20 421.80 1.299 times
16 Mon May 2022 423.15 413.90 425.75 410.90 0.668 times
13 Fri May 2022 415.00 419.90 425.90 411.70 0.47 times
12 Thu May 2022 411.85 405.00 419.35 402.35 1.137 times
11 Wed May 2022 412.10 419.00 422.95 395.65 2.272 times
10 Tue May 2022 420.65 421.00 437.35 410.00 0.601 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 442 as stoploss in an intra day sell trade for a target of 430.99. However, stock will show a bullish move above 442.

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 341.20
Downside Target 355.00
Downside Target 365.75
Downside Target 395.65
Downside Target 405.20
Downside Target 421.80
Downside Target 435.30
Upside Target 450.00
Upside Target 452.80
Upside Target 456.00
Upside Target 458.65
Upside Target 476.70

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 432.37
Downside Intraday Target 426.48
Upside Intraday Target 447.07
Upside Intraday Target 455.88
Upside Intraday Target 441.18

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 438.25 448.00 450.00 435.30 0.264 times
20 Fri May 2022 441.75 413.90 458.65 410.90 0.665 times
13 Fri May 2022 415.00 426.55 442.10 395.65 0.474 times
06 Fri May 2022 439.85 430.00 476.70 422.85 4.334 times
29 Fri Apr 2022 429.05 421.85 437.15 421.80 0.917 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Sumichem (Sumichem)

Date Monthly Closing Price Open High Low Volume
23 Mon May 2022 438.25 430.00 476.70 395.65 1.713 times
29 Fri Apr 2022 429.05 451.00 456.00 405.20 0.801 times
31 Thu Mar 2022 449.55 380.00 452.80 355.00 0.953 times
28 Mon Feb 2022 377.00 391.15 424.50 341.20 0.975 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sumichem (Sumichem)

Indicator Name Indicator Value Indicator Signal
ADX 28, 17, 23 Buy
MACD 10, 9Buy
Stochastics 69None
CCI 65Sell
RSI 58Buy
OBV 61861Sell
VWAP 427Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sumichem ( (Sumichem) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sumichem stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sumichem in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sumichem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sumichem in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sumichem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 427.49 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sumichem (Sumichem) stock. Volume based technical analysis of Sumichem (Sumichem) stock is negative.

Sumichem Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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