(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 2023-06-07 View latest technical analysis
10 day averaged volume of Sumichem is 27727
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Jun 2023 | 415.40 | 417.75 | 417.90 | 414.20 | 0.959 times |
| 06 Tue Jun 2023 | 414.40 | 415.55 | 421.00 | 412.65 | 1.102 times |
| 05 Mon Jun 2023 | 414.90 | 402.55 | 417.50 | 402.55 | 2.375 times |
| 02 Fri Jun 2023 | 402.55 | 404.95 | 405.00 | 400.20 | 0.886 times |
| 01 Thu Jun 2023 | 400.30 | 404.95 | 406.80 | 398.30 | 0.536 times |
| 31 Wed May 2023 | 398.25 | 394.25 | 401.00 | 391.95 | 1.016 times |
| 30 Tue May 2023 | 396.30 | 401.60 | 403.95 | 394.25 | 0.425 times |
| 29 Mon May 2023 | 401.05 | 398.50 | 407.45 | 397.80 | 1.08 times |
| 26 Fri May 2023 | 398.05 | 387.10 | 399.15 | 387.10 | 1.028 times |
| 25 Thu May 2023 | 393.15 | 390.00 | 393.95 | 384.25 | 0.937 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 416.1, for a target of 406 or 397.65
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 382.50 |
| Downside Target | 407.45 |
| Downside Target | 415.00 |
| Upside Target | 420.50 |
| Upside Target | 421.00 |
| 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 | 404.97 |
| Downside Intraday Target | 394.53 |
| Upside Intraday Target | 423.42 |
| Upside Intraday Target | 431.43 |
| Downside Intraday Target | 412.98 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Jun 2023 | 415.40 | 402.55 | 421.00 | 402.55 | 1.125 times |
| 02 Fri Jun 2023 | 402.55 | 398.50 | 407.45 | 391.95 | 0.918 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 |
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 |
| 07 Wed Jun 2023 | 415.40 | 404.95 | 421.00 | 398.30 | 0.241 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 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 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 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 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 Strong and stock is gaining 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 SELL signal for Sumichem in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 405.59 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 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 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 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 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 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 Strong and stock is gaining 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 SELL signal for Sumichem in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 405.59 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 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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