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(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 2022-11-24 View latest technical analysis

10 day averaged volume of Sumichem is 39596

Date Daily Closing Price Open High Low Volume
24 Thu Nov 2022 473.65 452.00 474.80 452.00 0.962 times
23 Wed Nov 2022 452.00 464.75 465.00 450.15 0.807 times
22 Tue Nov 2022 450.95 449.95 458.10 448.30 1.275 times
21 Mon Nov 2022 446.10 450.35 453.45 444.00 1.496 times
18 Fri Nov 2022 454.90 460.40 462.95 452.00 0.407 times
17 Thu Nov 2022 460.40 468.85 470.45 457.80 0.589 times
16 Wed Nov 2022 468.80 451.00 469.95 449.95 0.647 times
15 Tue Nov 2022 450.70 455.30 461.40 450.00 1.562 times
14 Mon Nov 2022 456.70 466.55 472.15 455.20 0.716 times
11 Fri Nov 2022 468.75 460.15 474.50 459.65 1.118 times

My analysis of stock is bullish for shortterm, and stock might move up till 489.5 or till 510.5. Use a stoploss of 471.94 and if this stock hits its stoploss, then it can fall down till 454.42

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 421.05
Downside Target 441.70
Downside 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 453.5
Downside Intraday Target 433.35
Upside Intraday Target 484.3
Upside Intraday Target 494.95
Downside Intraday Target 464.15

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
24 Thu Nov 2022 473.65 450.35 474.80 444.00 1.158 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 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
24 Thu Nov 2022 473.65 491.20 504.20 444.00 0.537 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 21, 22, 1 Sell
MACD -19, -19Buy
Stochastics 47None
CCI 97Buy
RSI 51Buy
OBV -285729Sell
VWAP 457Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Sumichem in short term but the buy signal is initial and weak.

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. 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 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

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 456.98 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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Daily charts

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