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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 2022-08-10 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, 7Buy
Stochastics 81Buy
CCI 132Buy
RSI 59Buy
OBV -154059Sell
VWAP 466Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

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.

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Daily charts

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Daily chart

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