(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 36270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 389.60 | 391.45 | 394.70 | 386.25 | 0.725 times |
| 15 Mon Apr 2024 | 391.45 | 375.05 | 401.00 | 375.05 | 1.574 times |
| 12 Fri Apr 2024 | 403.90 | 404.95 | 408.45 | 400.40 | 0.898 times |
| 10 Wed Apr 2024 | 404.15 | 385.45 | 414.50 | 382.40 | 3.606 times |
| 09 Tue Apr 2024 | 385.45 | 390.25 | 391.00 | 383.95 | 0.587 times |
| 08 Mon Apr 2024 | 390.75 | 384.85 | 393.00 | 377.15 | 0.583 times |
| 05 Fri Apr 2024 | 379.85 | 366.75 | 382.40 | 365.20 | 0.638 times |
| 04 Thu Apr 2024 | 365.35 | 370.15 | 375.15 | 364.05 | 0.802 times |
| 03 Wed Apr 2024 | 371.70 | 362.05 | 374.10 | 359.05 | 0.448 times |
| 02 Tue Apr 2024 | 360.70 | 363.55 | 365.00 | 359.00 | 0.536 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 387.7, but if it comes below 387.7, then a intra day sell could be more profitable.
If you take a sell trade below 387.7, then use 387.7 as stoploss and 366.96 as target. However if you take a buy trade in stock , then use 387.7 as stoploss and 412.5 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 336.40 |
| Downside Target | 350.80 |
| Downside Target | 364.10 |
| Upside Target | 391.05 |
| Upside Target | 392.05 |
| Upside Target | 401.00 |
| Upside Target | 414.50 |
| Upside Target | 414.95 |
| Upside Target | 421.35 |
| Upside Target | 431.50 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 376.1 |
| Downside Intraday Target | 362.6 |
| Upside Intraday Target | 402.05 |
| Upside Intraday Target | 414.5 |
| Downside Intraday Target | 388.55 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Apr 2024 | 389.60 | 375.05 | 401.00 | 375.05 | 0.405 times |
| 12 Fri Apr 2024 | 403.90 | 384.85 | 414.50 | 377.15 | 2.063 times |
| 05 Fri Apr 2024 | 379.85 | 353.00 | 382.40 | 350.80 | 0.554 times |
| 28 Thu Mar 2024 | 347.40 | 360.65 | 364.10 | 341.85 | 1.413 times |
| 22 Fri Mar 2024 | 366.45 | 346.15 | 373.00 | 340.50 | 0.867 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 |
| 16 Tue Apr 2024 | 389.60 | 353.00 | 414.50 | 350.80 | 0.662 times |
| 28 Thu Mar 2024 | 347.40 | 379.00 | 387.90 | 336.40 | 1.418 times |
| 29 Thu Feb 2024 | 374.10 | 414.95 | 414.95 | 370.00 | 0.568 times |
| 31 Wed Jan 2024 | 415.85 | 411.45 | 431.50 | 391.05 | 1.495 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)
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 391.26 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. 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.
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 391.26 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. 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