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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 2022-07-26 View latest technical analysis

10 day averaged volume of Sumichem is 30285

Date Daily Closing Price Open High Low Volume
26 Tue Jul 2022 444.05 460.50 460.50 441.65 0.548 times
25 Mon Jul 2022 457.70 455.90 460.90 452.45 0.718 times
22 Fri Jul 2022 456.95 468.50 470.45 454.80 0.542 times
21 Thu Jul 2022 467.05 474.90 479.00 466.05 0.42 times
20 Wed Jul 2022 472.75 480.00 488.55 471.00 0.754 times
19 Tue Jul 2022 479.65 484.05 491.65 478.00 1.112 times
18 Mon Jul 2022 482.60 488.00 499.10 481.35 0.706 times
15 Fri Jul 2022 487.00 486.10 492.75 480.35 0.815 times
14 Thu Jul 2022 489.55 494.00 497.65 484.80 0.73 times
13 Wed Jul 2022 494.20 486.35 497.35 485.25 0.75 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 442.5 as stoploss in an intra day buy trade for a target of 464.93. However, stock will show a bearish move below 442.5.

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 355.00
Downside Target 395.65
Downside Target 405.20
Downside Target 416.30
Downside Target 430.10
Downside Target 441.65
Upside Target 452.80
Upside Target 471.70
Upside Target 476.70
Upside Target 483.45
Upside Target 491.80
Upside Target 499.10
Upside Target 511.85

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 436.83
Downside Intraday Target 429.62
Upside Intraday Target 456.08
Upside Intraday Target 468.12
Upside Intraday Target 448.87

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
26 Tue Jul 2022 444.05 455.90 460.90 441.65 0.358 times
22 Fri Jul 2022 456.95 488.00 499.10 454.80 0.414 times
15 Fri Jul 2022 487.00 472.00 511.85 471.70 1.426 times
08 Fri Jul 2022 470.30 421.30 483.45 421.30 2.236 times
01 Fri Jul 2022 423.25 419.70 430.10 416.30 0.578 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
26 Tue Jul 2022 444.05 423.00 511.85 421.05 0.806 times
30 Thu Jun 2022 423.80 473.00 491.80 406.55 0.813 times
31 Tue May 2022 463.05 430.00 476.70 395.65 1.847 times
29 Fri Apr 2022 429.05 451.00 456.00 405.20 0.801 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, 25, 15 Sell
MACD 10, 16Sell
Stochastics 6Sell
CCI -138Sell
RSI 57Buy
OBV -62479Sell
VWAP 475Sell
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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 475.16 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 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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