(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 2024-08-28 View latest technical analysis
10 day averaged volume of Sumichem is 41155
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 529.95 | 521.05 | 546.15 | 521.05 | 0.651 times |
| 27 Tue Aug 2024 | 529.50 | 527.35 | 541.95 | 524.45 | 0.491 times |
| 26 Mon Aug 2024 | 523.30 | 532.00 | 534.25 | 522.00 | 0.734 times |
| 23 Fri Aug 2024 | 532.55 | 542.00 | 542.90 | 530.10 | 0.744 times |
| 22 Thu Aug 2024 | 542.25 | 549.00 | 567.00 | 540.00 | 2.308 times |
| 21 Wed Aug 2024 | 543.80 | 540.00 | 547.90 | 535.60 | 0.867 times |
| 20 Tue Aug 2024 | 537.00 | 529.80 | 543.55 | 529.80 | 0.367 times |
| 19 Mon Aug 2024 | 529.80 | 531.40 | 541.35 | 528.75 | 0.297 times |
| 16 Fri Aug 2024 | 537.50 | 544.70 | 545.40 | 525.00 | 0.538 times |
| 14 Wed Aug 2024 | 536.05 | 526.80 | 548.70 | 524.55 | 1.912 times |
My analysis of stock is bullish for shortterm, and stock might move up till 538.2 or till 556.2. Use a stoploss of 523.25 and if this stock hits its stoploss, then it can fall down till 508.29
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 | 497.90 |
| Downside Target | 508.45 |
| Downside Target | 521.05 |
| Upside Target | 546.15 |
| Upside Target | 546.95 |
| Upside Target | 548.70 |
| Upside Target | 567.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 518.62 |
| Downside Intraday Target | 507.28 |
| Upside Intraday Target | 543.72 |
| Upside Intraday Target | 557.48 |
| Upside Intraday Target | 532.38 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 529.95 | 532.00 | 546.15 | 521.05 | 0.41 times |
| 23 Fri Aug 2024 | 532.55 | 531.40 | 567.00 | 528.75 | 0.91 times |
| 16 Fri Aug 2024 | 537.50 | 510.60 | 548.70 | 510.05 | 1.356 times |
| 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 |
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 |
| 28 Wed Aug 2024 | 529.95 | 520.05 | 567.00 | 480.00 | 0.56 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 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 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 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 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.
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 moving up
CCI has generated a buy signal for Sumichem in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 536.18 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 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 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 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.
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 moving up
CCI has generated a buy signal for Sumichem in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 536.18 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.
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