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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 2022-08-11 View latest technical analysis

10 day averaged volume of Sumichem is 30449

Date Daily Closing Price Open High Low Volume
11 Thu Aug 2022 472.45 478.05 481.25 470.90 0.933 times
10 Wed Aug 2022 477.00 489.60 495.00 474.15 1.472 times
08 Mon Aug 2022 480.50 473.25 485.00 472.55 2.032 times
05 Fri Aug 2022 473.25 446.80 477.90 446.80 1.362 times
04 Thu Aug 2022 467.55 472.10 477.25 451.75 0.802 times
03 Wed Aug 2022 472.00 459.60 474.50 454.85 0.879 times
02 Tue Aug 2022 452.15 445.95 454.65 442.35 1.009 times
01 Mon Aug 2022 443.35 458.00 458.00 441.70 0.783 times
29 Fri Jul 2022 451.60 471.85 474.65 450.10 0.687 times
28 Thu Jul 2022 455.10 446.05 457.00 445.60 0.334 times

My analysis of stock is bullish for shortterm, and stock might move up till 480.6 or till 497.5. Use a stoploss of 466.47 and if this stock hits its stoploss, then it can fall down till 452.36

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 470.90
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 463.9
Downside Intraday Target 455.35
Upside Intraday Target 488
Upside Intraday Target 503.55
Upside Intraday Target 479.45

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
11 Thu Aug 2022 472.45 473.25 495.00 470.90 0.918 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 down 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
11 Thu Aug 2022 472.45 458.00 495.00 441.70 0.44 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 25, 15, 27 Buy
MACD 10, 8Buy
Stochastics 71Buy
CCI 72Sell
RSI 60Buy
OBV -77866Sell
VWAP 468Buy
ADL 0Sell
ROC 6Buy
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 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 to mid 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 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 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 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 468.22 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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