(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 2022-08-02 View latest technical analysis
10 day averaged volume of Sumichem is 19840
|Date||Daily Closing Price||Open||High||Low||Volume|
|02 Tue Aug 2022||452.15||445.95||454.65||442.35||1.548 times|
|01 Mon Aug 2022||443.35||458.00||458.00||441.70||1.202 times|
|29 Fri Jul 2022||451.60||471.85||474.65||450.10||1.054 times|
|28 Thu Jul 2022||455.10||446.05||457.00||445.60||0.512 times|
|27 Wed Jul 2022||447.15||451.95||454.75||442.55||0.983 times|
|26 Tue Jul 2022||444.05||460.50||460.50||441.65||0.836 times|
|25 Mon Jul 2022||457.70||455.90||460.90||452.45||1.095 times|
|22 Fri Jul 2022||456.95||468.50||470.45||454.80||0.828 times|
|21 Thu Jul 2022||467.05||474.90||479.00||466.05||0.64 times|
|20 Wed Jul 2022||472.75||480.00||488.55||471.00||1.151 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 451.7 as stoploss in an intra day buy trade for a target of 468.36. However, stock will show a bearish move below 451.7.
Share price targets for Sumichem (Sumichem)
Intraday share price targets for Sumichem (Sumichem)
|Downside Intraday Target||443.23|
|Downside Intraday Target||434.32|
|Upside Intraday Target||459.53|
|Upside Intraday Target||466.92|
|Downside Intraday Target||450.62|
Weekly technical analysis of Sumichem (Sumichem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|02 Tue Aug 2022||452.15||458.00||458.00||441.70||0.614 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 up 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|
|02 Tue Aug 2022||452.15||458.00||458.00||441.70||0.085 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 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||21, 20, 4||Buy|
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 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 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 454.38 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.