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(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 2023-11-24 View latest technical analysis

10 day averaged volume of Sumichem is 12357

Date Daily Closing Price Open High Low Volume
24 Fri Nov 2023 389.95 391.95 392.00 388.05 1.46 times
23 Thu Nov 2023 388.75 381.05 389.70 381.05 1.629 times
22 Wed Nov 2023 384.60 380.50 387.20 380.50 0.359 times
21 Tue Nov 2023 383.75 386.90 390.50 382.95 0.849 times
20 Mon Nov 2023 385.25 392.95 392.95 384.05 0.987 times
17 Fri Nov 2023 389.45 386.05 393.60 386.05 0.768 times
16 Thu Nov 2023 391.25 387.05 395.65 384.40 2.457 times
15 Wed Nov 2023 387.20 385.00 387.30 384.35 0.881 times
13 Mon Nov 2023 382.75 388.30 388.30 382.05 1.045 times
12 Sun Nov 2023 386.05 381.05 388.05 381.05 0.429 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 388.4, but if it comes below 388.4, then a intra day sell could be more profitable.
If you take a sell trade below 388.4, then use 388.4 as stoploss and 382.67 as target. However if you take a buy trade in stock , then use 388.4 as stoploss and 395.2 as target.

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 371.00
Downside Target 388.95
Upside Target 399.00
Upside Target 403.05
Upside Target 414.95
Upside Target 415.05
Upside Target 443.00
Upside Target 447.95
Upside Target 449.80
Upside Target 454.55

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 382.65
Downside Intraday Target 375.35
Upside Intraday Target 395.1
Upside Intraday Target 400.25
Downside Intraday Target 387.8

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
24 Fri Nov 2023 389.95 392.95 392.95 380.50 0.947 times
17 Fri Nov 2023 389.45 381.05 395.65 381.05 1.073 times
10 Fri Nov 2023 382.05 379.95 399.00 374.60 0.467 times
03 Fri Nov 2023 371.90 380.00 388.95 371.00 0.964 times
27 Fri Oct 2023 383.55 411.25 415.05 373.20 2.072 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
24 Fri Nov 2023 389.95 380.10 399.00 371.00 0.665 times
31 Tue Oct 2023 373.55 428.95 443.00 372.60 1.356 times
29 Fri Sep 2023 422.35 440.50 454.55 414.95 0.528 times
31 Thu Aug 2023 440.50 392.95 447.95 392.95 1.259 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 387.87 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 387.87 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.

Click here for Sumichem charts

Click here for further forecast and predictions for tomorrow

Daily charts

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