(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 2024-08-09 View latest technical analysis
10 day averaged volume of Sumichem is 53157
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 516.05 | 510.00 | 526.95 | 510.00 | 0.248 times |
| 08 Thu Aug 2024 | 509.60 | 509.95 | 520.40 | 504.00 | 0.26 times |
| 07 Wed Aug 2024 | 504.45 | 499.25 | 510.15 | 492.00 | 0.376 times |
| 06 Tue Aug 2024 | 492.50 | 502.90 | 513.85 | 490.65 | 0.548 times |
| 05 Mon Aug 2024 | 493.05 | 480.00 | 512.50 | 480.00 | 1.441 times |
| 02 Fri Aug 2024 | 510.95 | 509.00 | 517.10 | 508.45 | 0.189 times |
| 01 Thu Aug 2024 | 513.45 | 520.05 | 526.05 | 509.00 | 0.72 times |
| 31 Wed Jul 2024 | 519.20 | 520.00 | 546.95 | 517.00 | 1.979 times |
| 30 Tue Jul 2024 | 518.80 | 534.00 | 535.05 | 516.55 | 1.659 times |
| 29 Mon Jul 2024 | 533.40 | 536.95 | 540.80 | 518.10 | 2.51 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 517.9 as stoploss in an intra day sell trade for a target of 507.68. However, stock will show a bullish move above 517.9.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 350.80 |
| Downside Target | 380.05 |
| Downside Target | 414.50 |
| Downside Target | 427.70 |
| Downside Target | 475.50 |
| Downside Target | 508.45 |
| Downside Target | 509.85 |
| Downside Target | 510.00 |
| Upside Target | 523.00 |
| Upside Target | 526.95 |
| Upside Target | 546.95 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 488.38 |
| Downside Intraday Target | 460.72 |
| Upside Intraday Target | 535.33 |
| Upside Intraday Target | 554.62 |
| Downside Intraday Target | 507.67 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 516.05 | 480.00 | 526.95 | 480.00 | 0.407 times |
| 02 Fri Aug 2024 | 510.95 | 536.95 | 546.95 | 508.45 | 2.445 times |
| 26 Fri Jul 2024 | 504.70 | 498.95 | 523.00 | 486.95 | 0.953 times |
| 19 Fri Jul 2024 | 498.00 | 506.05 | 509.75 | 493.55 | 0.646 times |
| 12 Fri Jul 2024 | 503.05 | 488.05 | 509.85 | 482.35 | 0.796 times |
Price has moved up 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 Fri Aug 2024 | 516.05 | 520.05 | 526.95 | 480.00 | 0.167 times |
| 31 Wed Jul 2024 | 519.20 | 475.50 | 546.95 | 475.50 | 0.973 times |
| 28 Fri Jun 2024 | 479.70 | 483.40 | 510.00 | 427.70 | 0.924 times |
| 31 Fri May 2024 | 463.55 | 402.75 | 497.90 | 380.05 | 2.31 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 but buying is losing 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 515.99 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 but buying is losing 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 515.99 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 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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