(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 2022-08-10 View latest technical analysis
10 day averaged volume of Sumichem is 27626
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Aug 2022 | 477.00 | 489.60 | 495.00 | 474.15 | 1.623 times |
| 08 Mon Aug 2022 | 480.50 | 473.25 | 485.00 | 472.55 | 2.24 times |
| 05 Fri Aug 2022 | 473.25 | 446.80 | 477.90 | 446.80 | 1.501 times |
| 04 Thu Aug 2022 | 467.55 | 472.10 | 477.25 | 451.75 | 0.884 times |
| 03 Wed Aug 2022 | 472.00 | 459.60 | 474.50 | 454.85 | 0.969 times |
| 02 Tue Aug 2022 | 452.15 | 445.95 | 454.65 | 442.35 | 1.112 times |
| 01 Mon Aug 2022 | 443.35 | 458.00 | 458.00 | 441.70 | 0.863 times |
| 29 Fri Jul 2022 | 451.60 | 471.85 | 474.65 | 450.10 | 0.757 times |
| 28 Thu Jul 2022 | 455.10 | 446.05 | 457.00 | 445.60 | 0.368 times |
| 27 Wed Jul 2022 | 447.15 | 451.95 | 454.75 | 442.55 | 0.706 times |
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 482.9 as stoploss in an intra day sell trade for a target of 467.56. However, stock will show a bullish move above 482.9.
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 |
| Downside Target | 471.70 |
| Upside Target | 477.90 |
| Upside Target | 491.80 |
| Upside Target | 495.00 |
| Upside Target | 499.10 |
| Upside Target | 511.85 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 468.03 |
| Downside Intraday Target | 459.07 |
| Upside Intraday Target | 490.48 |
| Upside Intraday Target | 503.97 |
| Upside Intraday Target | 481.52 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Aug 2022 | 477.00 | 473.25 | 495.00 | 472.55 | 0.725 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 |
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 |
| 10 Wed Aug 2022 | 477.00 | 458.00 | 495.00 | 441.70 | 0.396 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 | 27, 13, 33 | Buy |
| MACD | 9, 7 | Buy |
| Stochastics | 81 | Buy |
| CCI | 132 | Buy |
| RSI | 59 | Buy |
| OBV | -154059 | Sell |
| VWAP | 466 | Buy |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | Sell |
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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sumichem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 and the buying is gaining 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 466.47 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.
Click here for Sumichem charts
Click here for further forecast and predictions for tomorrow