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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 2022-08-04 View latest technical analysis

10 day averaged volume of Sumichem is 19937

Date Daily Closing Price Open High Low Volume
04 Thu Aug 2022 467.55 472.10 477.25 451.75 1.225 times
03 Wed Aug 2022 472.00 459.60 474.50 454.85 1.343 times
02 Tue Aug 2022 452.15 445.95 454.65 442.35 1.54 times
01 Mon Aug 2022 443.35 458.00 458.00 441.70 1.196 times
29 Fri Jul 2022 451.60 471.85 474.65 450.10 1.049 times
28 Thu Jul 2022 455.10 446.05 457.00 445.60 0.509 times
27 Wed Jul 2022 447.15 451.95 454.75 442.55 0.978 times
26 Tue Jul 2022 444.05 460.50 460.50 441.65 0.832 times
25 Mon Jul 2022 457.70 455.90 460.90 452.45 1.09 times
22 Fri Jul 2022 456.95 468.50 470.45 454.80 0.824 times

My analysis of stock is bearish for shortterm, and stock might move down till 452 or till 432.1. Use a stoploss of 468.62 and if the stock hits stoploss, then it can shoot up till 485.22

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 395.65
Downside Target 405.20
Downside Target 421.05
Downside Target 441.65
Downside Target 454.80
Upside Target 471.70
Upside Target 477.25
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 447.08
Downside Intraday Target 426.62
Upside Intraday Target 482.63
Upside Intraday Target 497.72
Downside Intraday Target 462.17

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
04 Thu Aug 2022 467.55 458.00 477.25 441.70 1.189 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
04 Thu Aug 2022 467.55 458.00 477.25 441.70 0.165 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 26, 16, 23 Buy
MACD 5, 5Sell
Stochastics 59None
CCI 106Sell
RSI 60Buy
OBV -81114Sell
VWAP 455Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Sumichem in short term but the sell 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. Bulls 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 but SELL 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 455.39 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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