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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)

10 day averaged volume of Sumichem is 10866

Date Daily Closing Price Open High Low Volume
30 Mon Jan 2023 451.25 460.95 464.45 448.55 1.511 times
27 Fri Jan 2023 461.40 455.10 467.80 455.00 2.692 times
25 Wed Jan 2023 459.90 458.95 461.25 454.80 0.92 times
24 Tue Jan 2023 460.20 469.50 472.90 456.00 1.071 times
23 Mon Jan 2023 469.60 471.00 479.35 469.20 0.408 times
20 Fri Jan 2023 470.75 479.00 482.95 468.55 0.966 times
19 Thu Jan 2023 480.85 486.65 486.65 480.00 0.525 times
18 Wed Jan 2023 480.70 482.35 485.45 479.65 0.266 times
17 Tue Jan 2023 481.05 488.00 489.45 480.00 1.016 times
16 Mon Jan 2023 489.95 494.85 495.00 487.00 1.747 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 452, for a target of 467 or 479.42

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 444.00
Upside Target 464.45
Upside Target 481.00
Upside Target 494.95
Upside Target 495.00
Upside Target 496.95
Upside Target 498.70
Upside Target 504.20
Upside Target 539.00
Upside Target 540.65

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 445.05
Downside Intraday Target 438.85
Upside Intraday Target 460.95
Upside Intraday Target 470.65
Upside Intraday Target 454.75

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
30 Mon Jan 2023 451.25 460.95 464.45 448.55 0.297 times
27 Fri Jan 2023 461.40 471.00 479.35 454.80 1.126 times
20 Fri Jan 2023 470.75 494.85 495.00 468.55 0.723 times
13 Fri Jan 2023 494.00 496.95 496.95 478.00 0.678 times
06 Fri Jan 2023 492.95 488.30 498.70 481.00 1.145 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
30 Mon Jan 2023 451.25 488.30 498.70 448.55 0.605 times
30 Fri Dec 2022 488.25 475.90 494.95 452.05 0.667 times
30 Wed Nov 2022 473.45 491.20 504.20 444.00 0.623 times
31 Mon Oct 2022 491.55 502.55 540.65 473.75 0.87 times

Scroll below to view daily charts

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

Indicators analysis of Sumichem (Sumichem)

Indicator Name Indicator Value Indicator Signal
ADX 13, 28, 37 Sell
MACD -9, -4Sell
Stochastics 12Sell
CCI -114Sell
RSI 45Sell
OBV 39140Sell
VWAP 469Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sumichem ( (Sumichem) ) based on a mid to longer term time period is

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

MACD generated a SELL signal for Sumichem in short term and the sell signal is strong.

Sumichem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Sumichem in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 468.55 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Sumichem Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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

Click here for Sumichem charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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