(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 2022-11-07 View latest technical analysis
10 day averaged volume of Sumichem is 55475
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 481.75 | 480.35 | 491.00 | 480.20 | 0.331 times |
| 04 Fri Nov 2022 | 486.40 | 487.85 | 495.50 | 483.90 | 0.458 times |
| 03 Thu Nov 2022 | 490.05 | 490.00 | 497.35 | 488.45 | 0.371 times |
| 02 Wed Nov 2022 | 492.65 | 500.00 | 501.55 | 490.00 | 0.712 times |
| 01 Tue Nov 2022 | 497.90 | 491.20 | 504.20 | 491.15 | 0.658 times |
| 31 Mon Oct 2022 | 491.55 | 482.85 | 497.55 | 475.20 | 1.583 times |
| 28 Fri Oct 2022 | 480.35 | 501.00 | 506.65 | 478.00 | 1.899 times |
| 27 Thu Oct 2022 | 506.35 | 526.50 | 540.65 | 473.75 | 2.884 times |
| 25 Tue Oct 2022 | 530.00 | 522.60 | 532.90 | 522.60 | 0.979 times |
| 24 Mon Oct 2022 | 526.10 | 522.70 | 530.05 | 522.70 | 0.071 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 490.2, but if it comes above 490.2, then a intra day buy could be more profitable.
If you take a sell trade below 490.2, then use 490.2 as stoploss and 473.2 as target. However if you take a buy trade in stock , then use 490.2 as stoploss and 504.29 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 421.05 |
| Downside Target | 441.70 |
| Downside Target | 473.75 |
| Upside Target | 491.00 |
| Upside Target | 504.20 |
| Upside Target | 511.85 |
| Upside Target | 517.65 |
| Upside Target | 528.05 |
| Upside Target | 539.00 |
| Upside Target | 540.65 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 477.63 |
| Downside Intraday Target | 473.52 |
| Upside Intraday Target | 488.43 |
| Upside Intraday Target | 495.12 |
| Upside Intraday Target | 484.32 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 481.75 | 480.35 | 491.00 | 480.20 | 0.088 times |
| 04 Fri Nov 2022 | 486.40 | 482.85 | 504.20 | 475.20 | 0.648 times |
| 28 Fri Oct 2022 | 480.35 | 522.70 | 540.65 | 473.75 | 1.905 times |
| 21 Fri Oct 2022 | 521.70 | 503.05 | 528.05 | 503.05 | 0.408 times |
| 14 Fri Oct 2022 | 509.10 | 511.10 | 517.65 | 495.00 | 2.763 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 |
| 07 Mon Nov 2022 | 481.75 | 491.20 | 504.20 | 480.20 | 0.122 times |
| 31 Mon Oct 2022 | 491.55 | 502.55 | 540.65 | 473.75 | 0.87 times |
| 30 Fri Sep 2022 | 502.90 | 495.00 | 539.00 | 475.70 | 1.756 times |
| 30 Tue Aug 2022 | 489.55 | 458.00 | 502.80 | 441.70 | 1.173 times |
Scroll below to view daily charts
Price has moved down 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 | 9, 25, 46 | Sell |
| MACD | -4, 1 | Sell |
| Stochastics | 18 | Sell |
| CCI | -81 | Sell |
| RSI | 47 | Sell |
| OBV | -365219 | Sell |
| VWAP | 498 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
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 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 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
ADX buy sell signal for Sumichem stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term and the sell signal is strong.
Sumichem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumichem in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 497.61 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sumichem (Sumichem) stock. Volume based technical analysis of Sumichem (Sumichem) stock is negative.
Sumichem Stock has given negative 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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