(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 2023-01-31 View latest technical analysis
10 day averaged volume of Sumichem is 12085
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 454.45 | 450.15 | 464.40 | 450.15 | 1.1 times |
| 30 Mon Jan 2023 | 451.25 | 460.95 | 464.45 | 448.55 | 1.358 times |
| 27 Fri Jan 2023 | 461.40 | 455.10 | 467.80 | 455.00 | 2.421 times |
| 25 Wed Jan 2023 | 459.90 | 458.95 | 461.25 | 454.80 | 0.827 times |
| 24 Tue Jan 2023 | 460.20 | 469.50 | 472.90 | 456.00 | 0.963 times |
| 23 Mon Jan 2023 | 469.60 | 471.00 | 479.35 | 469.20 | 0.366 times |
| 20 Fri Jan 2023 | 470.75 | 479.00 | 482.95 | 468.55 | 0.869 times |
| 19 Thu Jan 2023 | 480.85 | 486.65 | 486.65 | 480.00 | 0.472 times |
| 18 Wed Jan 2023 | 480.70 | 482.35 | 485.45 | 479.65 | 0.239 times |
| 17 Tue Jan 2023 | 481.05 | 488.00 | 489.45 | 480.00 | 0.913 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 464.3, but if it comes above 464.3, then a intra day buy could be more profitable.
If you take a sell trade below 464.3, then use 464.3 as stoploss and 448.4 as target. However if you take a buy trade in stock , then use 464.3 as stoploss and 477.53 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 444.00 |
| Upside Target | 464.45 |
| Upside Target | 481.00 |
| 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 | 447.18 |
| Downside Intraday Target | 439.92 |
| Upside Intraday Target | 463.08 |
| Upside Intraday Target | 471.72 |
| Upside Intraday Target | 455.82 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Jan 2023 | 454.45 | 460.95 | 464.45 | 448.55 | 0.537 times |
| 27 Fri Jan 2023 | 461.40 | 471.00 | 479.35 | 454.80 | 1.126 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 |
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 |
| 31 Tue Jan 2023 | 454.45 | 488.30 | 498.70 | 448.55 | 0.633 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 | 11, 25, 37 | Sell |
| MACD | -11, -6 | Sell |
| Stochastics | 12 | Sell |
| CCI | -83 | Buy |
| RSI | 44 | Sell |
| OBV | 19735 | Sell |
| VWAP | 463 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
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
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 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 but BUY signal is weak.
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 463.4 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.
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