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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 2024-04-16 View latest technical analysis

10 day averaged volume of Sumichem is 36270

Date Daily Closing Price Open High Low Volume
16 Tue Apr 2024 389.60 391.45 394.70 386.25 0.725 times
15 Mon Apr 2024 391.45 375.05 401.00 375.05 1.574 times
12 Fri Apr 2024 403.90 404.95 408.45 400.40 0.898 times
10 Wed Apr 2024 404.15 385.45 414.50 382.40 3.606 times
09 Tue Apr 2024 385.45 390.25 391.00 383.95 0.587 times
08 Mon Apr 2024 390.75 384.85 393.00 377.15 0.583 times
05 Fri Apr 2024 379.85 366.75 382.40 365.20 0.638 times
04 Thu Apr 2024 365.35 370.15 375.15 364.05 0.802 times
03 Wed Apr 2024 371.70 362.05 374.10 359.05 0.448 times
02 Tue Apr 2024 360.70 363.55 365.00 359.00 0.536 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 387.7, but if it comes below 387.7, then a intra day sell could be more profitable.
If you take a sell trade below 387.7, then use 387.7 as stoploss and 366.96 as target. However if you take a buy trade in stock , then use 387.7 as stoploss and 412.5 as target.

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 336.40
Downside Target 350.80
Downside Target 364.10
Upside Target 391.05
Upside Target 392.05
Upside Target 401.00
Upside Target 414.50
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 376.1
Downside Intraday Target 362.6
Upside Intraday Target 402.05
Upside Intraday Target 414.5
Downside Intraday Target 388.55

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
16 Tue Apr 2024 389.60 375.05 401.00 375.05 0.405 times
12 Fri Apr 2024 403.90 384.85 414.50 377.15 2.063 times
05 Fri Apr 2024 379.85 353.00 382.40 350.80 0.554 times
28 Thu Mar 2024 347.40 360.65 364.10 341.85 1.413 times
22 Fri Mar 2024 366.45 346.15 373.00 340.50 0.867 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
16 Tue Apr 2024 389.60 353.00 414.50 350.80 0.662 times
28 Thu Mar 2024 347.40 379.00 387.90 336.40 1.418 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 391.26 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 391.26 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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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