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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 2022-08-12 View latest technical analysis

10 day averaged volume of Sumichem is 31338

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 471.85 470.00 483.30 451.20 0.834 times
11 Thu Aug 2022 472.45 478.05 481.25 470.90 0.906 times
10 Wed Aug 2022 477.00 489.60 495.00 474.15 1.43 times
08 Mon Aug 2022 480.50 473.25 485.00 472.55 1.974 times
05 Fri Aug 2022 473.25 446.80 477.90 446.80 1.323 times
04 Thu Aug 2022 467.55 472.10 477.25 451.75 0.779 times
03 Wed Aug 2022 472.00 459.60 474.50 454.85 0.854 times
02 Tue Aug 2022 452.15 445.95 454.65 442.35 0.98 times
01 Mon Aug 2022 443.35 458.00 458.00 441.70 0.761 times
29 Fri Jul 2022 451.60 471.85 474.65 450.10 0.667 times

My analysis of stock is bullish for shortterm, and stock might move up till 478.7 or till 494.5. Use a stoploss of 465.59 and if this stock hits its stoploss, then it can fall down till 452.43

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 451.20
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 450.37
Downside Intraday Target 428.88
Upside Intraday Target 494.17
Upside Intraday Target 516.48
Upside Intraday Target 472.68

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 471.85 473.25 495.00 451.20 1.095 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
12 Fri Aug 2022 471.85 458.00 495.00 441.70 0.481 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 21, 22, 3 Sell
MACD 10, 8Buy
Stochastics 60None
CCI 22Sell
RSI 62Buy
OBV -126744Sell
VWAP 469Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Sumichem stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sumichem in short term and the buy signal is strong.

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 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

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 468.91 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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