(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 2022-11-16 View latest technical analysis
10 day averaged volume of Sumichem is 37150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Nov 2022 | 468.80 | 451.00 | 469.95 | 449.95 | 0.69 times |
| 15 Tue Nov 2022 | 450.70 | 455.30 | 461.40 | 450.00 | 1.664 times |
| 14 Mon Nov 2022 | 456.70 | 466.55 | 472.15 | 455.20 | 0.764 times |
| 11 Fri Nov 2022 | 468.75 | 460.15 | 474.50 | 459.65 | 1.192 times |
| 10 Thu Nov 2022 | 462.00 | 457.05 | 464.20 | 455.05 | 1.472 times |
| 09 Wed Nov 2022 | 466.85 | 475.05 | 480.00 | 458.75 | 1.13 times |
| 07 Mon Nov 2022 | 481.75 | 480.35 | 491.00 | 480.20 | 0.495 times |
| 04 Fri Nov 2022 | 486.40 | 487.85 | 495.50 | 483.90 | 0.684 times |
| 03 Thu Nov 2022 | 490.05 | 490.00 | 497.35 | 488.45 | 0.554 times |
| 02 Wed Nov 2022 | 492.65 | 500.00 | 501.55 | 490.00 | 1.063 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 467.6 as stoploss in an intra day buy trade for a target of 491.33. However, stock will show a bearish move below 467.6.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 421.05 |
| Downside Target | 441.70 |
| Upside Target | 472.15 |
| Upside Target | 491.00 |
| Upside Target | 502.80 |
| Upside Target | 504.20 |
| Upside Target | 511.85 |
| 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 | 455.12 |
| Downside Intraday Target | 441.43 |
| Upside Intraday Target | 477.32 |
| Upside Intraday Target | 485.83 |
| Downside Intraday Target | 463.63 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Nov 2022 | 468.80 | 466.55 | 472.15 | 449.95 | 0.727 times |
| 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 |
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 |
| 16 Wed Nov 2022 | 468.80 | 491.20 | 504.20 | 449.95 | 0.346 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 | 15, 28, 31 | Sell |
| MACD | -18, -12 | Sell |
| Stochastics | 14 | Sell |
| CCI | -53 | Buy |
| RSI | 49 | Sell |
| OBV | -332628 | Sell |
| VWAP | 469 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 469.21 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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