(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 2024-03-18 View latest technical analysis
10 day averaged volume of Sumichem is 27298
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 343.05 | 346.15 | 346.20 | 340.50 | 0.803 times |
| 15 Fri Mar 2024 | 344.05 | 347.85 | 347.85 | 339.35 | 0.421 times |
| 14 Thu Mar 2024 | 344.25 | 345.80 | 347.30 | 336.40 | 0.595 times |
| 13 Wed Mar 2024 | 339.00 | 347.60 | 351.05 | 337.00 | 0.932 times |
| 12 Tue Mar 2024 | 347.65 | 354.55 | 355.50 | 347.00 | 1.753 times |
| 11 Mon Mar 2024 | 353.30 | 360.55 | 360.55 | 352.35 | 1.683 times |
| 07 Thu Mar 2024 | 360.25 | 367.75 | 369.00 | 359.15 | 2.177 times |
| 06 Wed Mar 2024 | 361.70 | 372.00 | 373.30 | 358.40 | 1.214 times |
| 05 Tue Mar 2024 | 371.10 | 371.00 | 374.05 | 370.45 | 0.281 times |
| 04 Mon Mar 2024 | 371.20 | 379.00 | 379.00 | 370.80 | 0.643 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 350.9, but if it comes above 350.9, then a intra day buy could be more profitable.
If you take a sell trade below 350.9, then use 350.9 as stoploss and 333 as target. However if you take a buy trade in stock , then use 350.9 as stoploss and 365.87 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 336.40 |
| Upside Target | 358.40 |
| Upside Target | 370.00 |
| Upside Target | 387.90 |
| Upside Target | 391.05 |
| Upside Target | 392.05 |
| Upside Target | 395.35 |
| Upside Target | 408.45 |
| Upside Target | 414.95 |
| Upside Target | 421.35 |
| Upside Target | 431.50 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 340.3 |
| Downside Intraday Target | 337.55 |
| Upside Intraday Target | 346 |
| Upside Intraday Target | 348.95 |
| Upside Intraday Target | 343.25 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 343.05 | 346.15 | 346.20 | 340.50 | 0.149 times |
| 15 Fri Mar 2024 | 344.05 | 360.55 | 360.55 | 336.40 | 1.248 times |
| 07 Thu Mar 2024 | 360.25 | 379.00 | 379.00 | 358.40 | 1.374 times |
| 02 Sat Mar 2024 | 376.95 | 385.20 | 387.90 | 372.05 | 0.823 times |
| 23 Fri Feb 2024 | 385.35 | 379.75 | 395.35 | 374.00 | 1.091 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 |
| 18 Mon Mar 2024 | 343.05 | 379.00 | 387.90 | 336.40 | 0.729 times |
| 29 Thu Feb 2024 | 374.10 | 414.95 | 414.95 | 370.00 | 0.568 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 |
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 coming down
CCI has generated a SELL signal for Sumichem in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 353.4 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 coming down
CCI has generated a SELL signal for Sumichem in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 353.4 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.
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