(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, -19 | Buy |
| Stochastics | 47 | None |
| CCI | 97 | Buy |
| RSI | 51 | Buy |
| OBV | -285729 | Sell |
| VWAP | 457 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
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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