(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 2023-01-17 View latest technical analysis
10 day averaged volume of Sumichem is 14368
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Jan 2023 | 481.05 | 488.00 | 489.45 | 480.00 | 0.768 times |
| 16 Mon Jan 2023 | 489.95 | 494.85 | 495.00 | 487.00 | 1.321 times |
| 13 Fri Jan 2023 | 494.00 | 488.85 | 494.65 | 486.55 | 0.294 times |
| 12 Thu Jan 2023 | 487.65 | 484.70 | 494.90 | 484.70 | 0.448 times |
| 11 Wed Jan 2023 | 488.00 | 482.50 | 491.00 | 481.55 | 1.571 times |
| 10 Tue Jan 2023 | 483.00 | 482.00 | 488.00 | 478.00 | 1.095 times |
| 09 Mon Jan 2023 | 482.35 | 496.95 | 496.95 | 478.75 | 1.319 times |
| 06 Fri Jan 2023 | 492.95 | 490.00 | 494.20 | 485.80 | 0.503 times |
| 05 Thu Jan 2023 | 490.15 | 487.40 | 495.55 | 484.70 | 1.364 times |
| 04 Wed Jan 2023 | 482.90 | 484.05 | 489.65 | 481.00 | 1.462 times |
My analysis of stock is bearish for shortterm, and stock might move down till 471.7 or till 460. Use a stoploss of 481.4 and if the stock hits stoploss, then it can shoot up till 491.11
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 444.00 |
| Downside Target | 473.75 |
| Upside Target | 494.95 |
| Upside Target | 495.00 |
| Upside Target | 496.95 |
| Upside Target | 498.70 |
| Upside Target | 504.20 |
| Upside Target | 539.00 |
| Upside Target | 540.65 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 475.7 |
| Downside Intraday Target | 470.35 |
| Upside Intraday Target | 490.7 |
| Upside Intraday Target | 500.35 |
| Upside Intraday Target | 485.35 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Jan 2023 | 481.05 | 494.85 | 495.00 | 480.00 | 0.442 times |
| 13 Fri Jan 2023 | 494.00 | 496.95 | 496.95 | 478.00 | 0.678 times |
| 06 Fri Jan 2023 | 492.95 | 488.30 | 498.70 | 481.00 | 1.145 times |
| 30 Fri Dec 2022 | 488.25 | 452.05 | 494.95 | 452.05 | 1.583 times |
| 23 Fri Dec 2022 | 461.10 | 478.05 | 487.95 | 457.20 | 0.764 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 |
| 17 Tue Jan 2023 | 481.05 | 488.30 | 498.70 | 478.00 | 0.415 times |
| 30 Fri Dec 2022 | 488.25 | 475.90 | 494.95 | 452.05 | 0.667 times |
| 30 Wed Nov 2022 | 473.45 | 491.20 | 504.20 | 444.00 | 0.623 times |
| 31 Mon Oct 2022 | 491.55 | 502.55 | 540.65 | 473.75 | 0.87 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 | 17, 17, 1 | Buy |
| MACD | 4, 4 | Buy |
| Stochastics | 52 | None |
| CCI | -96 | Sell |
| RSI | 48 | Sell |
| OBV | 63466 | Sell |
| VWAP | 486 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sumichem ( (Sumichem) ) based on a mid to longer term time period is
ADX buy sell signal for Sumichem stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sumichem in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumichem in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 486.41 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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