(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 2023-06-01 View latest technical analysis
10 day averaged volume of Sumichem is 23632
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Jun 2023 | 400.30 | 404.95 | 406.80 | 398.30 | 0.629 times |
| 31 Wed May 2023 | 398.25 | 394.25 | 401.00 | 391.95 | 1.192 times |
| 30 Tue May 2023 | 396.30 | 401.60 | 403.95 | 394.25 | 0.499 times |
| 29 Mon May 2023 | 401.05 | 398.50 | 407.45 | 397.80 | 1.267 times |
| 26 Fri May 2023 | 398.05 | 387.10 | 399.15 | 387.10 | 1.207 times |
| 25 Thu May 2023 | 393.15 | 390.00 | 393.95 | 384.25 | 1.099 times |
| 24 Wed May 2023 | 388.80 | 394.90 | 394.90 | 387.50 | 0.722 times |
| 23 Tue May 2023 | 394.35 | 395.90 | 399.00 | 393.75 | 1.236 times |
| 22 Mon May 2023 | 397.65 | 386.35 | 398.90 | 386.35 | 0.775 times |
| 19 Fri May 2023 | 386.30 | 389.05 | 395.95 | 382.50 | 1.28 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 401.7 as stoploss in an intra day sell trade for a target of 395.85. However, stock will show a bullish move above 401.7.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 382.50 |
| Upside Target | 406.80 |
| Upside Target | 407.45 |
| Upside Target | 415.00 |
| Upside Target | 420.50 |
| Upside Target | 425.00 |
| Upside Target | 443.90 |
| Upside Target | 466.95 |
| Upside Target | 482.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 392.35 |
| Downside Intraday Target | 384.4 |
| Upside Intraday Target | 407.85 |
| Upside Intraday Target | 415.4 |
| Downside Intraday Target | 399.9 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Jun 2023 | 400.30 | 398.50 | 407.45 | 391.95 | 0.712 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 |
| 01 Thu Jun 2023 | 400.30 | 404.95 | 406.80 | 398.30 | 0.022 times |
| 31 Wed May 2023 | 398.25 | 404.15 | 425.00 | 382.50 | 1.919 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 |
Scroll below to view daily charts
Price has moved up 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sumichem ( (Sumichem) ) based on a short 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 395.28 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sumichem ( (Sumichem) ) based on a short 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 395.28 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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