(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)
10 day averaged volume of Sumichem is 25870
Date | Daily Closing Price | Open | High | Low | Volume |
26 Fri May 2023 | 398.05 | 387.10 | 399.15 | 387.10 | 1.102 times |
25 Thu May 2023 | 393.15 | 390.00 | 393.95 | 384.25 | 1.004 times |
24 Wed May 2023 | 388.80 | 394.90 | 394.90 | 387.50 | 0.659 times |
23 Tue May 2023 | 394.35 | 395.90 | 399.00 | 393.75 | 1.129 times |
22 Mon May 2023 | 397.65 | 386.35 | 398.90 | 386.35 | 0.708 times |
19 Fri May 2023 | 386.30 | 389.05 | 395.95 | 382.50 | 1.169 times |
18 Thu May 2023 | 389.75 | 395.50 | 398.10 | 388.75 | 0.662 times |
17 Wed May 2023 | 394.35 | 390.55 | 396.00 | 388.55 | 1.467 times |
16 Tue May 2023 | 388.85 | 390.65 | 393.85 | 387.55 | 0.675 times |
15 Mon May 2023 | 390.55 | 394.30 | 398.35 | 389.15 | 1.503 times |
My analysis of stock is bearish for shortterm, and stock might move down till 389.3 or till 378.6. Use a stoploss of 398.3 and if the stock hits stoploss, then it can shoot up till 407.25
Share price targets for Sumichem (Sumichem)
Target Type | Value |
Downside Target | 382.50 |
Upside Target | 415.00 |
Upside Target | 420.50 |
Upside Target | 425.00 |
Upside Target | 426.95 |
Upside Target | 443.90 |
Upside Target | 448.55 |
Upside Target | 466.95 |
Upside Target | 482.00 |
Upside Target | 498.70 |
Intraday share price targets for Sumichem (Sumichem)
Target Type | Value |
Downside Intraday Target | 388.48 |
Downside Intraday Target | 378.92 |
Upside Intraday Target | 403.38 |
Upside Intraday Target | 408.72 |
Downside Intraday Target | 393.82 |
Weekly technical analysis of Sumichem (Sumichem)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Fri May 2023 | 398.05 | 386.35 | 399.15 | 384.25 | 0.84 times |
19 Fri May 2023 | 386.30 | 394.30 | 398.35 | 382.50 | 0.671 times |
12 Fri May 2023 | 395.25 | 412.00 | 415.00 | 390.80 | 1.606 times |
05 Fri May 2023 | 410.25 | 404.15 | 425.00 | 404.15 | 1.314 times |
28 Fri Apr 2023 | 402.90 | 426.95 | 426.95 | 399.05 | 0.583 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 |
26 Fri May 2023 | 398.05 | 404.15 | 425.00 | 382.50 | 1.719 times |
28 Fri Apr 2023 | 402.90 | 426.10 | 443.90 | 399.05 | 1.19 times |
31 Fri Mar 2023 | 425.25 | 442.00 | 466.95 | 399.00 | 0.381 times |
28 Tue Feb 2023 | 445.45 | 454.65 | 482.00 | 420.50 | 2.56 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sumichem (Sumichem)
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sumichem stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sumichem in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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
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 392.33 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sumichem stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sumichem in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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
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 392.33 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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