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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 2024-02-15 View latest technical analysis

10 day averaged volume of Sumichem is 20441

Date Daily Closing Price Open High Low Volume
15 Thu Feb 2024 378.30 377.40 383.00 374.60 0.79 times
14 Wed Feb 2024 375.05 375.70 381.25 370.00 0.598 times
13 Tue Feb 2024 378.70 379.40 383.35 375.00 1.15 times
12 Mon Feb 2024 379.25 381.65 384.75 378.25 1.177 times
09 Fri Feb 2024 383.15 390.15 390.75 381.00 0.7 times
08 Thu Feb 2024 390.10 390.25 392.20 383.00 0.684 times
07 Wed Feb 2024 390.00 399.00 399.70 388.50 0.653 times
06 Tue Feb 2024 396.35 399.85 402.20 394.00 0.526 times
05 Mon Feb 2024 396.55 402.00 405.25 395.10 1.444 times
02 Fri Feb 2024 400.20 399.00 401.05 394.00 0.771 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 383.5, but if it comes above 383.5, then a intra day buy could be more profitable.
If you take a sell trade below 383.5, then use 383.5 as stoploss and 371.4 as target. However if you take a buy trade in stock , then use 383.5 as stoploss and 393.58 as target.

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 370.00
Upside Target 381.00
Upside Target 405.25
Upside Target 408.45
Upside Target 409.10
Upside Target 411.90
Upside Target 414.95
Upside Target 417.45
Upside Target 421.35
Upside Target 431.50
Upside Target 443.00

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 370.62
Downside Intraday Target 362.93
Upside Intraday Target 385.37
Upside Intraday Target 392.43
Downside Intraday Target 377.68

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
15 Thu Feb 2024 378.30 381.65 384.75 370.00 0.927 times
09 Fri Feb 2024 383.15 402.00 405.25 381.00 0.631 times
02 Fri Feb 2024 400.20 393.25 417.45 393.20 1.966 times
25 Thu Jan 2024 394.50 406.90 409.10 391.05 0.396 times
19 Fri Jan 2024 402.65 410.35 411.90 394.25 0.8 times

Price has moved down 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
15 Thu Feb 2024 378.30 414.95 414.95 370.00 0.302 times
31 Wed Jan 2024 415.85 411.45 431.50 391.05 1.495 times
29 Fri Dec 2023 404.25 412.00 421.35 392.05 1.353 times
30 Thu Nov 2023 406.70 380.10 408.45 371.00 0.917 times

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sumichem ( (Sumichem) ) based on a short 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.

Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sumichem in short term and the sell signal is strong.

Sumichem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sumichem in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 386.72 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sumichem (Sumichem) stock. Volume based technical analysis of Sumichem (Sumichem) stock is negative.

Sumichem Stock has given negative 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sumichem ( (Sumichem) ) based on a short 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.

Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sumichem in short term and the sell signal is strong.

Sumichem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sumichem in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 386.72 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sumichem (Sumichem) stock. Volume based technical analysis of Sumichem (Sumichem) stock is negative.

Sumichem Stock has given negative 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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