(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 2024-02-27 View latest technical analysis
10 day averaged volume of Sumichem is 20253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 382.90 | 386.20 | 387.25 | 381.40 | 0.455 times |
| 26 Mon Feb 2024 | 383.90 | 385.20 | 385.35 | 380.15 | 1.335 times |
| 23 Fri Feb 2024 | 385.35 | 375.65 | 395.35 | 374.75 | 2.148 times |
| 22 Thu Feb 2024 | 376.00 | 377.55 | 378.40 | 374.00 | 0.769 times |
| 21 Wed Feb 2024 | 375.30 | 382.00 | 382.00 | 375.00 | 0.862 times |
| 20 Tue Feb 2024 | 377.75 | 377.35 | 380.50 | 376.20 | 0.605 times |
| 19 Mon Feb 2024 | 377.55 | 379.75 | 380.20 | 374.50 | 0.758 times |
| 16 Fri Feb 2024 | 377.80 | 383.90 | 383.90 | 375.05 | 0.962 times |
| 15 Thu Feb 2024 | 378.30 | 377.40 | 383.00 | 374.60 | 0.797 times |
| 14 Wed Feb 2024 | 375.05 | 375.70 | 381.25 | 370.00 | 0.604 times |
My analysis of stock is bearish for shortterm, and stock might move down till 375.3 or till 362.3. Use a stoploss of 386.14 and if the stock hits stoploss, then it can shoot up till 396.96
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 370.00 |
| Upside Target | 393.20 |
| Upside Target | 395.35 |
| Upside Target | 405.25 |
| Upside Target | 408.45 |
| 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 | 379.62 |
| Downside Intraday Target | 376.33 |
| Upside Intraday Target | 386.72 |
| Upside Intraday Target | 390.53 |
| Upside Intraday Target | 383.43 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Feb 2024 | 382.90 | 385.20 | 387.25 | 380.15 | 0.348 times |
| 23 Fri Feb 2024 | 385.35 | 379.75 | 395.35 | 374.00 | 1.091 times |
| 16 Fri Feb 2024 | 377.80 | 381.65 | 384.75 | 370.00 | 1.165 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 |
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 |
| 27 Tue Feb 2024 | 382.90 | 414.95 | 414.95 | 370.00 | 0.521 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 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 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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 and the buying is gaining 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 380.13 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 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 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 and the buying is gaining 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 380.13 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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