(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)
10 day averaged volume of Sumichem is 15585
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 386.95 | 380.45 | 389.70 | 380.05 | 0.816 times |
| 10 Fri May 2024 | 384.75 | 385.60 | 390.25 | 383.05 | 0.609 times |
| 09 Thu May 2024 | 387.40 | 401.95 | 401.95 | 384.75 | 0.588 times |
| 08 Wed May 2024 | 394.05 | 397.55 | 404.70 | 392.00 | 0.559 times |
| 07 Tue May 2024 | 399.00 | 399.25 | 400.75 | 389.95 | 1.089 times |
| 06 Mon May 2024 | 398.60 | 403.45 | 403.50 | 394.00 | 1.285 times |
| 03 Fri May 2024 | 403.50 | 399.10 | 404.50 | 394.15 | 1.336 times |
| 02 Thu May 2024 | 401.05 | 402.75 | 405.50 | 396.90 | 0.803 times |
| 30 Tue Apr 2024 | 400.70 | 402.45 | 405.55 | 395.00 | 1.684 times |
| 29 Mon Apr 2024 | 401.05 | 406.20 | 406.20 | 398.70 | 1.28 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 391.5, but if it comes above 391.5, then a intra day buy could be more profitable.
If you take a sell trade below 391.5, then use 391.5 as stoploss and 383.6 as target. However if you take a buy trade in stock , then use 391.5 as stoploss and 398.15 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 336.40 |
| Downside Target | 350.80 |
| Downside Target | 370.00 |
| Upside Target | 404.70 |
| Upside Target | 405.50 |
| Upside Target | 406.20 |
| Upside Target | 410.85 |
| Upside Target | 413.00 |
| Upside Target | 414.50 |
| Upside Target | 414.95 |
| Upside Target | 431.50 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 381.43 |
| Downside Intraday Target | 375.92 |
| Upside Intraday Target | 391.08 |
| Upside Intraday Target | 395.22 |
| Downside Intraday Target | 385.57 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 386.95 | 380.45 | 389.70 | 380.05 | 0.198 times |
| 10 Fri May 2024 | 384.75 | 403.45 | 404.70 | 383.05 | 0.809 times |
| 03 Fri May 2024 | 403.50 | 406.20 | 406.20 | 394.15 | 1.189 times |
| 26 Fri Apr 2024 | 404.30 | 409.55 | 413.00 | 398.30 | 0.415 times |
| 19 Fri Apr 2024 | 400.60 | 375.05 | 410.85 | 375.05 | 0.783 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 |
| 13 Mon May 2024 | 386.95 | 402.75 | 405.50 | 380.05 | 0.19 times |
| 30 Tue Apr 2024 | 400.70 | 353.00 | 414.50 | 350.80 | 0.987 times |
| 28 Thu Mar 2024 | 347.40 | 379.00 | 387.90 | 336.40 | 1.418 times |
| 29 Thu Feb 2024 | 374.10 | 414.95 | 414.95 | 370.00 | 0.568 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)
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 neutral. A longer time frame might give a better analysis.
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 but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sumichem is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 397.46 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.
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 neutral. A longer time frame might give a better analysis.
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 but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sumichem is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 397.46 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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