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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 11515

Date Daily Closing Price Open High Low Volume
01 Wed Feb 2023 458.50 454.65 477.35 454.65 16.197 times
31 Tue Jan 2023 454.45 450.15 464.40 450.15 1.154 times
30 Mon Jan 2023 451.25 460.95 464.45 448.55 1.426 times
27 Fri Jan 2023 461.40 455.10 467.80 455.00 2.54 times
25 Wed Jan 2023 459.90 458.95 461.25 454.80 0.868 times
24 Tue Jan 2023 460.20 469.50 472.90 456.00 1.01 times
23 Mon Jan 2023 469.60 471.00 479.35 469.20 0.385 times
20 Fri Jan 2023 470.75 479.00 482.95 468.55 0.912 times
19 Thu Jan 2023 480.85 486.65 486.65 480.00 0.496 times
18 Wed Jan 2023 480.70 482.35 485.45 479.65 0.251 times

Stock of Sumichem (Sumichem) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 462.4, but if it comes above 462.4, then a intra day buy could be more profitable.
If you take a sell trade below 462.4, then use 462.4 as stoploss and 446.2 as target. However if you take a buy trade in stock , then use 462.4 as stoploss and 475.98 as target.

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 444.00
Upside Target 468.55
Upside Target 479.35
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 540.65

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 445.58
Downside Intraday Target 432.67
Upside Intraday Target 474.38
Upside Intraday Target 490.27
Upside Intraday Target 461.47

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
01 Wed Feb 2023 458.50 460.95 477.35 448.55 3.909 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sumichem (Sumichem)

Date Monthly Closing Price Open High Low Volume
01 Wed Feb 2023 458.50 454.65 477.35 454.65 0.617 times
31 Tue Jan 2023 454.45 488.30 498.70 448.55 0.633 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

Scroll below to view daily charts

Price has moved up 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 19, 20, 2 Sell
MACD -11, -7Sell
Stochastics 15Sell
CCI -26Buy
RSI 44Sell
OBV 162862Sell
VWAP 460Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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 459.58 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

Click here for further forecast and predictions for tomorrow

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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