(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 2022-08-08 View latest technical analysis
10 day averaged volume of Sumichem is 23612
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||480.50||473.25||485.00||472.55||2.62 times|
|05 Fri Aug 2022||473.25||446.80||477.90||446.80||1.756 times|
|04 Thu Aug 2022||467.55||472.10||477.25||451.75||1.034 times|
|03 Wed Aug 2022||472.00||459.60||474.50||454.85||1.134 times|
|02 Tue Aug 2022||452.15||445.95||454.65||442.35||1.301 times|
|01 Mon Aug 2022||443.35||458.00||458.00||441.70||1.01 times|
|29 Fri Jul 2022||451.60||471.85||474.65||450.10||0.886 times|
|28 Thu Jul 2022||455.10||446.05||457.00||445.60||0.43 times|
|27 Wed Jul 2022||447.15||451.95||454.75||442.55||0.826 times|
|26 Tue Jul 2022||444.05||460.50||460.50||441.65||0.703 times|
Stock of Sumichem (Sumichem) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 483.8 as stoploss in an intra day sell trade for a target of 468.03. However, stock will show a bullish move above 483.8.
Share price targets for Sumichem (Sumichem)
Intraday share price targets for Sumichem (Sumichem)
|Downside Intraday Target||473.7|
|Downside Intraday Target||466.9|
|Upside Intraday Target||486.15|
|Upside Intraday Target||491.8|
|Downside Intraday Target||479.35|
Weekly technical analysis of Sumichem (Sumichem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||480.50||473.25||485.00||472.55||0.42 times|
|05 Fri Aug 2022||473.25||458.00||477.90||441.70||1.656 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|
Monthly technical analysis of Sumichem (Sumichem)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||480.50||458.00||485.00||441.70||0.326 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
Indicators analysis of Sumichem (Sumichem)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||24, 15, 23||Buy|
Price action analysis of Sumichem ( (Sumichem) ) based on a short 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.
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining momentum.
MACD generated a BUY signal for Sumichem in short term and the buy signal is strong.
Sumichem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sumichem in short term and BUY 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
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 463.42 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