(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 2022-11-11 View latest technical analysis
10 day averaged volume of Sumichem is 59019
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 468.75 | 460.15 | 474.50 | 459.65 | 0.75 times |
| 10 Thu Nov 2022 | 462.00 | 457.05 | 464.20 | 455.05 | 0.927 times |
| 09 Wed Nov 2022 | 466.85 | 475.05 | 480.00 | 458.75 | 0.711 times |
| 07 Mon Nov 2022 | 481.75 | 480.35 | 491.00 | 480.20 | 0.311 times |
| 04 Fri Nov 2022 | 486.40 | 487.85 | 495.50 | 483.90 | 0.43 times |
| 03 Thu Nov 2022 | 490.05 | 490.00 | 497.35 | 488.45 | 0.349 times |
| 02 Wed Nov 2022 | 492.65 | 500.00 | 501.55 | 490.00 | 0.669 times |
| 01 Tue Nov 2022 | 497.90 | 491.20 | 504.20 | 491.15 | 0.618 times |
| 31 Mon Oct 2022 | 491.55 | 482.85 | 497.55 | 475.20 | 1.488 times |
| 28 Fri Oct 2022 | 480.35 | 501.00 | 506.65 | 478.00 | 1.785 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 478.9, but if it comes above 478.9, then a intra day buy could be more profitable.
If you take a sell trade below 478.9, then use 478.9 as stoploss and 455.5 as target. However if you take a buy trade in stock , then use 478.9 as stoploss and 498.43 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 421.05 |
| Downside Target | 441.70 |
| Downside Target | 455.05 |
| Upside 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 | 452.2 |
| Downside Intraday Target | 435.65 |
| Upside Intraday Target | 488.15 |
| Upside Intraday Target | 507.55 |
| Upside Intraday Target | 471.6 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 468.75 | 480.35 | 491.00 | 455.05 | 0.759 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 |
| 11 Fri Nov 2022 | 468.75 | 491.20 | 504.20 | 455.05 | 0.245 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 | 13, 31, 41 | Sell |
| MACD | -13, -6 | Sell |
| Stochastics | 15 | Sell |
| CCI | -98 | Buy |
| RSI | 45 | Sell |
| OBV | -484618 | Sell |
| VWAP | 481 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumichem in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 481.2 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.
Click here for Sumichem charts
Click here for further forecast and predictions for tomorrow