(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 2022-11-22 View latest technical analysis
10 day averaged volume of Sumichem is 37386
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Nov 2022 | 450.95 | 449.95 | 458.10 | 448.30 | 1.35 times |
| 21 Mon Nov 2022 | 446.10 | 450.35 | 453.45 | 444.00 | 1.585 times |
| 18 Fri Nov 2022 | 454.90 | 460.40 | 462.95 | 452.00 | 0.431 times |
| 17 Thu Nov 2022 | 460.40 | 468.85 | 470.45 | 457.80 | 0.624 times |
| 16 Wed Nov 2022 | 468.80 | 451.00 | 469.95 | 449.95 | 0.685 times |
| 15 Tue Nov 2022 | 450.70 | 455.30 | 461.40 | 450.00 | 1.654 times |
| 14 Mon Nov 2022 | 456.70 | 466.55 | 472.15 | 455.20 | 0.759 times |
| 11 Fri Nov 2022 | 468.75 | 460.15 | 474.50 | 459.65 | 1.185 times |
| 10 Thu Nov 2022 | 462.00 | 457.05 | 464.20 | 455.05 | 1.463 times |
| 09 Wed Nov 2022 | 466.85 | 475.05 | 480.00 | 458.75 | 1.123 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 454.8, but if it comes above 454.8, then a intra day buy could be more profitable.
If you take a sell trade below 454.8, then use 454.8 as stoploss and 426.4 as target. However if you take a buy trade in stock , then use 454.8 as stoploss and 478.46 as target.
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 | 539.00 |
| Upside Target | 540.65 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 443.93 |
| Downside Intraday Target | 436.92 |
| Upside Intraday Target | 458.03 |
| Upside Intraday Target | 465.12 |
| Upside Intraday Target | 451.02 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Nov 2022 | 450.95 | 450.35 | 458.10 | 444.00 | 0.707 times |
| 18 Fri Nov 2022 | 454.90 | 466.55 | 472.15 | 449.95 | 0.975 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 |
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 |
| 22 Tue Nov 2022 | 450.95 | 491.20 | 504.20 | 444.00 | 0.476 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 | 14, 28, 33 | Sell |
| MACD | -22, -18 | Sell |
| Stochastics | 12 | Sell |
| CCI | -87 | Buy |
| RSI | 48 | Sell |
| OBV | -330511 | Sell |
| VWAP | 458 | 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 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 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 getting stronger in this stock.
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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 457.51 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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