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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 2023-01-23 View latest technical analysis

10 day averaged volume of Sumichem is 11703

Date Daily Closing Price Open High Low Volume
23 Mon Jan 2023 469.60 471.00 479.35 469.20 0.378 times
20 Fri Jan 2023 470.75 479.00 482.95 468.55 0.897 times
19 Thu Jan 2023 480.85 486.65 486.65 480.00 0.488 times
18 Wed Jan 2023 480.70 482.35 485.45 479.65 0.247 times
17 Tue Jan 2023 481.05 488.00 489.45 480.00 0.943 times
16 Mon Jan 2023 489.95 494.85 495.00 487.00 1.622 times
13 Fri Jan 2023 494.00 488.85 494.65 486.55 0.361 times
12 Thu Jan 2023 487.65 484.70 494.90 484.70 0.551 times
11 Wed Jan 2023 488.00 482.50 491.00 481.55 1.929 times
10 Tue Jan 2023 483.00 482.00 488.00 478.00 1.344 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 474.6, but if it comes above 474.6, then a intra day buy could be more profitable.
If you take a sell trade below 474.6, then use 474.6 as stoploss and 464.8 as target. However if you take a buy trade in stock , then use 474.6 as stoploss and 482.76 as target.

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 444.00
Downside Target 468.55
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 466.08
Downside Intraday Target 462.57
Upside Intraday Target 476.23
Upside Intraday Target 482.87
Upside Intraday Target 472.72

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
23 Mon Jan 2023 469.60 471.00 479.35 469.20 0.09 times
20 Fri Jan 2023 470.75 494.85 495.00 468.55 0.723 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

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
23 Mon Jan 2023 469.60 488.30 498.70 468.55 0.464 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 13, 22, 26 Sell
MACD -1, 2Sell
Stochastics 9Sell
CCI -152Sell
RSI 48Sell
OBV 83959Sell
VWAP 484Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sumichem stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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 but selling is losing 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 483.91 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.

Click here for Sumichem charts

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Daily charts

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Daily chart

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