(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 2022-08-01 View latest technical analysis
10 day averaged volume of Sumichem is 19593
|Date||Daily Closing Price||Open||High||Low||Volume|
|01 Mon Aug 2022||443.35||458.00||458.00||441.70||1.217 times|
|29 Fri Jul 2022||451.60||471.85||474.65||450.10||1.068 times|
|28 Thu Jul 2022||455.10||446.05||457.00||445.60||0.518 times|
|27 Wed Jul 2022||447.15||451.95||454.75||442.55||0.996 times|
|26 Tue Jul 2022||444.05||460.50||460.50||441.65||0.847 times|
|25 Mon Jul 2022||457.70||455.90||460.90||452.45||1.109 times|
|22 Fri Jul 2022||456.95||468.50||470.45||454.80||0.838 times|
|21 Thu Jul 2022||467.05||474.90||479.00||466.05||0.649 times|
|20 Wed Jul 2022||472.75||480.00||488.55||471.00||1.165 times|
|19 Tue Jul 2022||479.65||484.05||491.65||478.00||1.719 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 452.8, but if it comes above 452.8, then a intra day buy could be more profitable.
If you take a sell trade below 452.8, then use 452.8 as stoploss and 433.3 as target. However if you take a buy trade in stock , then use 452.8 as stoploss and 469.01 as target.
Share price targets for Sumichem (Sumichem)
Intraday share price targets for Sumichem (Sumichem)
|Downside Intraday Target||437.37|
|Downside Intraday Target||431.38|
|Upside Intraday Target||453.67|
|Upside Intraday Target||463.98|
|Upside Intraday Target||447.68|
Weekly technical analysis of Sumichem (Sumichem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|01 Mon Aug 2022||443.35||458.00||458.00||441.70||0.268 times|
|29 Fri Jul 2022||451.60||455.90||474.65||441.65||0.831 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|
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|
|01 Mon Aug 2022||443.35||458.00||458.00||441.70||0.037 times|
|29 Fri Jul 2022||451.60||423.00||511.85||421.05||0.875 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|
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||23, 21, 4||Buy|
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is
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 BUY. 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 getting stronger in this stock.
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 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 459.01 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.