(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 30637
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 347.40 | 342.15 | 348.95 | 341.85 | 1.774 times |
27 Wed Mar 2024 | 346.00 | 354.00 | 354.00 | 343.80 | 2.199 times |
26 Tue Mar 2024 | 349.25 | 360.65 | 364.10 | 346.60 | 1.905 times |
22 Fri Mar 2024 | 366.45 | 345.05 | 373.00 | 344.35 | 1.605 times |
21 Thu Mar 2024 | 346.40 | 350.00 | 353.70 | 346.00 | 0.69 times |
20 Wed Mar 2024 | 347.45 | 342.10 | 349.75 | 342.10 | 0.557 times |
19 Tue Mar 2024 | 344.20 | 349.95 | 349.95 | 342.05 | 0.593 times |
18 Mon Mar 2024 | 343.05 | 346.15 | 346.20 | 340.50 | 0.715 times |
15 Fri Mar 2024 | 344.05 | 347.85 | 347.85 | 339.35 | 0.375 times |
14 Thu Mar 2024 | 344.25 | 345.80 | 347.30 | 336.40 | 0.531 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 343 as stoploss in an intra day buy trade for a target of 355.43. However, stock will show a bearish move below 343.
Share price targets for Sumichem (Sumichem)
Target Type | Value |
Downside Target | 336.40 |
Upside Target | 358.40 |
Upside Target | 379.00 |
Upside Target | 387.90 |
Upside Target | 391.05 |
Upside Target | 392.05 |
Upside Target | 408.45 |
Upside Target | 414.95 |
Upside Target | 421.35 |
Upside Target | 431.50 |
Intraday share price targets for Sumichem (Sumichem)
Target Type | Value |
Downside Intraday Target | 338.13 |
Downside Intraday Target | 328.87 |
Upside Intraday Target | 360.38 |
Upside Intraday Target | 373.37 |
Upside Intraday Target | 351.12 |
Weekly technical analysis of Sumichem (Sumichem)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 347.40 | 360.65 | 364.10 | 341.85 | 1.413 times |
22 Fri Mar 2024 | 366.45 | 346.15 | 373.00 | 340.50 | 0.867 times |
15 Fri Mar 2024 | 344.05 | 360.55 | 360.55 | 336.40 | 1.248 times |
07 Thu Mar 2024 | 360.25 | 379.00 | 379.00 | 358.40 | 1.374 times |
02 Sat Mar 2024 | 376.95 | 385.20 | 387.90 | 372.05 | 0.823 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 |
28 Thu Mar 2024 | 347.40 | 379.00 | 387.90 | 336.40 | 1.418 times |
29 Thu Feb 2024 | 374.10 | 414.95 | 414.95 | 370.00 | 0.568 times |
31 Wed Jan 2024 | 415.85 | 411.45 | 431.50 | 391.05 | 1.495 times |
29 Fri Dec 2023 | 404.25 | 412.00 | 421.35 | 392.05 | 1.353 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)
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sumichem stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sumichem in short term but the buy signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Sumichem in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 349.45 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sumichem stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sumichem in short term but the buy signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Sumichem in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 349.45 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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