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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 2024-05-09 View latest technical analysis

10 day averaged volume of Sumichem is 16899

Date Daily Closing Price Open High Low Volume
09 Thu May 2024 387.40 401.95 401.95 384.75 0.542 times
08 Wed May 2024 394.05 397.55 404.70 392.00 0.516 times
07 Tue May 2024 399.00 399.25 400.75 389.95 1.004 times
06 Mon May 2024 398.60 403.45 403.50 394.00 1.185 times
03 Fri May 2024 403.50 399.10 404.50 394.15 1.232 times
02 Thu May 2024 401.05 402.75 405.50 396.90 0.74 times
30 Tue Apr 2024 400.70 402.45 405.55 395.00 1.553 times
29 Mon Apr 2024 401.05 406.20 406.20 398.70 1.18 times
26 Fri Apr 2024 404.30 411.00 411.60 402.40 0.709 times
25 Thu Apr 2024 406.90 400.00 409.70 398.75 1.326 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 385.6, for a target of 392.9 or 399.04

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 336.40
Downside Target 350.80
Downside Target 370.00
Downside Target 384.75
Upside Target 405.50
Upside Target 406.20
Upside Target 410.85
Upside Target 413.00
Upside Target 414.50
Upside Target 414.95
Upside Target 431.50

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 379.87
Downside Intraday Target 372.33
Upside Intraday Target 399.82
Upside Intraday Target 412.23
Upside Intraday Target 392.28

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
09 Thu May 2024 387.40 403.45 404.70 384.75 0.69 times
03 Fri May 2024 403.50 406.20 406.20 394.15 1.189 times
26 Fri Apr 2024 404.30 409.55 413.00 398.30 0.415 times
19 Fri Apr 2024 400.60 375.05 410.85 375.05 0.783 times
12 Fri Apr 2024 403.90 384.85 414.50 377.15 2.063 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
09 Thu May 2024 387.40 402.75 405.50 384.75 0.152 times
30 Tue Apr 2024 400.70 353.00 414.50 350.80 0.987 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

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 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 mid to longer 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.

ADX buy sell signal for Sumichem stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.

Sumichem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying 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 400.71 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 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 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 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 mid to longer 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.

ADX buy sell signal for Sumichem stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.

Sumichem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying 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 400.71 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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