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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 2023-12-05 View latest technical analysis

10 day averaged volume of Sumichem is 21129

Date Daily Closing Price Open High Low Volume
05 Tue Dec 2023 410.65 409.05 414.30 408.20 0.838 times
04 Mon Dec 2023 408.60 417.65 418.10 406.80 0.842 times
01 Fri Dec 2023 409.90 412.00 415.00 404.00 1.382 times
30 Thu Nov 2023 406.70 390.00 408.45 387.80 2.836 times
29 Wed Nov 2023 387.60 382.15 389.90 381.20 1.198 times
28 Tue Nov 2023 384.00 394.90 394.90 382.85 0.652 times
24 Fri Nov 2023 389.95 391.95 392.00 388.05 0.854 times
23 Thu Nov 2023 388.75 381.05 389.70 381.05 0.953 times
22 Wed Nov 2023 384.60 380.50 387.20 380.50 0.21 times
21 Tue Nov 2023 383.75 386.90 390.50 382.95 0.496 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 411.6, for a target of 400.1 or 390.47

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 371.00
Downside Target 392.95
Downside Target 406.80
Downside Target 408.45
Upside Target 414.95
Upside Target 415.00
Upside Target 418.10
Upside Target 443.00
Upside Target 447.95
Upside Target 454.55

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 405.6
Downside Intraday Target 400.55
Upside Intraday Target 416.9
Upside Intraday Target 423.15
Upside Intraday Target 411.85

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
05 Tue Dec 2023 410.65 417.65 418.10 406.80 0.277 times
01 Fri Dec 2023 409.90 394.90 415.00 381.20 1.964 times
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

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
05 Tue Dec 2023 410.65 412.00 418.10 404.00 0.179 times
30 Thu Nov 2023 406.70 380.10 408.45 371.00 0.917 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

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 and the buy signal is strong.

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 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 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 399.31 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 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 and the buy signal is strong.

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 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 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 399.31 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

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Daily charts

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