(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 2023-05-29 View latest technical analysis
10 day averaged volume of Sumichem is 26073
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon May 2023 | 401.05 | 398.50 | 407.45 | 397.80 | 1.148 times |
| 26 Fri May 2023 | 398.05 | 387.10 | 399.15 | 387.10 | 1.094 times |
| 25 Thu May 2023 | 393.15 | 390.00 | 393.95 | 384.25 | 0.996 times |
| 24 Wed May 2023 | 388.80 | 394.90 | 394.90 | 387.50 | 0.654 times |
| 23 Tue May 2023 | 394.35 | 395.90 | 399.00 | 393.75 | 1.12 times |
| 22 Mon May 2023 | 397.65 | 386.35 | 398.90 | 386.35 | 0.703 times |
| 19 Fri May 2023 | 386.30 | 389.05 | 395.95 | 382.50 | 1.16 times |
| 18 Thu May 2023 | 389.75 | 395.50 | 398.10 | 388.75 | 0.657 times |
| 17 Wed May 2023 | 394.35 | 390.55 | 396.00 | 388.55 | 1.456 times |
| 16 Tue May 2023 | 388.85 | 390.65 | 393.85 | 387.55 | 0.669 times |
My analysis of stock is bullish for shortterm, and stock might move up till 407.1 or till 417.8. Use a stoploss of 398.21 and if this stock hits its stoploss, then it can fall down till 389.29
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 382.50 |
| Upside Target | 415.00 |
| Upside Target | 420.50 |
| Upside Target | 425.00 |
| Upside Target | 443.90 |
| Upside Target | 448.55 |
| Upside Target | 466.95 |
| Upside Target | 482.00 |
| Upside Target | 498.70 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 396.75 |
| Downside Intraday Target | 392.45 |
| Upside Intraday Target | 406.4 |
| Upside Intraday Target | 411.75 |
| Upside Intraday Target | 402.1 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon May 2023 | 401.05 | 398.50 | 407.45 | 397.80 | 0.251 times |
| 26 Fri May 2023 | 398.05 | 386.35 | 399.15 | 384.25 | 0.84 times |
| 19 Fri May 2023 | 386.30 | 394.30 | 398.35 | 382.50 | 0.671 times |
| 12 Fri May 2023 | 395.25 | 412.00 | 415.00 | 390.80 | 1.606 times |
| 05 Fri May 2023 | 410.25 | 404.15 | 425.00 | 404.15 | 1.314 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 |
| 29 Mon May 2023 | 401.05 | 404.15 | 425.00 | 382.50 | 1.805 times |
| 28 Fri Apr 2023 | 402.90 | 426.10 | 443.90 | 399.05 | 1.19 times |
| 31 Fri Mar 2023 | 425.25 | 442.00 | 466.95 | 399.00 | 0.381 times |
| 28 Tue Feb 2023 | 445.45 | 454.65 | 482.00 | 420.50 | 2.56 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sumichem (Sumichem)
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sumichem ( (Sumichem) ) based on a mid to longer 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.
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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sumichem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumichem in short term and BUY 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 393.65 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sumichem ( (Sumichem) ) based on a mid to longer 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.
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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sumichem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumichem in short term and BUY 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 393.65 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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