(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 2023-01-18 View latest technical analysis
10 day averaged volume of Sumichem is 14576
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Jan 2023 | 480.70 | 482.35 | 485.45 | 479.65 | 0.198 times |
| 17 Tue Jan 2023 | 481.05 | 488.00 | 489.45 | 480.00 | 0.757 times |
| 16 Mon Jan 2023 | 489.95 | 494.85 | 495.00 | 487.00 | 1.303 times |
| 13 Fri Jan 2023 | 494.00 | 488.85 | 494.65 | 486.55 | 0.29 times |
| 12 Thu Jan 2023 | 487.65 | 484.70 | 494.90 | 484.70 | 0.442 times |
| 11 Wed Jan 2023 | 488.00 | 482.50 | 491.00 | 481.55 | 1.549 times |
| 10 Tue Jan 2023 | 483.00 | 482.00 | 488.00 | 478.00 | 1.079 times |
| 09 Mon Jan 2023 | 482.35 | 496.95 | 496.95 | 478.75 | 1.3 times |
| 06 Fri Jan 2023 | 492.95 | 490.00 | 494.20 | 485.80 | 0.496 times |
| 05 Thu Jan 2023 | 490.15 | 487.40 | 495.55 | 484.70 | 1.344 times |
My analysis of stock is bearish for shortterm, and stock might move down till 472 or till 460.4. Use a stoploss of 481.63 and if the stock hits stoploss, then it can shoot up till 491.27
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 | 475.23 |
| Downside Intraday Target | 469.77 |
| Upside Intraday Target | 490.58 |
| Upside Intraday Target | 500.47 |
| Upside Intraday Target | 485.12 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Jan 2023 | 480.70 | 494.85 | 495.00 | 479.65 | 0.485 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 |
| 18 Wed Jan 2023 | 480.70 | 488.30 | 498.70 | 478.00 | 0.421 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 | 16, 16, 1 | Sell |
| MACD | 3, 4 | Sell |
| Stochastics | 31 | None |
| CCI | -116 | Sell |
| RSI | 51 | Buy |
| OBV | 53225 | Sell |
| VWAP | 487 | Sell |
| ADL | 0 | Sell |
| ROC | -0 | 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 486.86 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. 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 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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