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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 2022-07-28 View latest technical analysis

10 day averaged volume of Sumichem is 21163

Date Daily Closing Price Open High Low Volume
28 Thu Jul 2022 455.10 446.05 457.00 445.60 0.48 times
27 Wed Jul 2022 447.15 451.95 454.75 442.55 0.922 times
26 Tue Jul 2022 444.05 460.50 460.50 441.65 0.784 times
25 Mon Jul 2022 457.70 455.90 460.90 452.45 1.027 times
22 Fri Jul 2022 456.95 468.50 470.45 454.80 0.776 times
21 Thu Jul 2022 467.05 474.90 479.00 466.05 0.6 times
20 Wed Jul 2022 472.75 480.00 488.55 471.00 1.079 times
19 Tue Jul 2022 479.65 484.05 491.65 478.00 1.591 times
18 Mon Jul 2022 482.60 488.00 499.10 481.35 1.01 times
15 Fri Jul 2022 487.00 486.10 492.75 480.35 1.166 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 449 as stoploss in an intra day buy trade for a target of 467.65. However, stock will show a bearish move below 449.

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
Downside 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 444.2
Downside Intraday Target 433.3
Upside Intraday Target 463.45
Upside Intraday Target 471.8
Downside Intraday Target 452.55

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
28 Thu Jul 2022 455.10 455.90 460.90 441.65 0.635 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
28 Thu Jul 2022 455.10 423.00 511.85 421.05 0.847 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 17, 21, 10 Sell
MACD 6, 12Sell
Stochastics 12Sell
CCI -71Buy
RSI 55Buy
OBV -18608Sell
VWAP 468Sell
ADL 0Sell
ROC -7Sell
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 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 losing 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 moving up

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

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 467.64 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.

Click here for Sumichem charts

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Daily charts

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Daily chart

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