(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 2024-10-07 View latest technical analysis
10 day averaged volume of Sumichem is 30239
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 521.75 | 560.25 | 560.25 | 519.50 | 0.504 times |
| 03 Thu Oct 2024 | 547.95 | 568.60 | 568.60 | 544.05 | 0.756 times |
| 01 Tue Oct 2024 | 565.25 | 551.00 | 576.90 | 551.00 | 2.191 times |
| 30 Mon Sep 2024 | 556.85 | 561.00 | 561.30 | 550.25 | 0.498 times |
| 27 Fri Sep 2024 | 559.75 | 548.70 | 568.40 | 546.15 | 1.51 times |
| 26 Thu Sep 2024 | 548.70 | 550.00 | 556.00 | 545.50 | 0.261 times |
| 25 Wed Sep 2024 | 554.55 | 560.50 | 567.25 | 553.05 | 0.382 times |
| 24 Tue Sep 2024 | 562.55 | 573.50 | 577.70 | 559.50 | 0.959 times |
| 23 Mon Sep 2024 | 566.35 | 564.95 | 572.80 | 553.30 | 1.623 times |
| 20 Fri Sep 2024 | 560.40 | 589.95 | 591.45 | 554.40 | 1.166 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 513.3, for a target of 543.7 or 569.06
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 427.70 |
| Downside Target | 475.50 |
| Downside Target | 501.85 |
| Upside Target | 544.05 |
| Upside Target | 560.25 |
| Upside Target | 567.00 |
| Upside Target | 576.90 |
| Upside Target | 577.70 |
| Upside Target | 627.70 |
| Upside Target | 628.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 507.42 |
| Downside Intraday Target | 493.08 |
| Upside Intraday Target | 548.17 |
| Upside Intraday Target | 574.58 |
| Upside Intraday Target | 533.83 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 521.75 | 560.25 | 560.25 | 519.50 | 0.146 times |
| 03 Thu Oct 2024 | 547.95 | 561.00 | 576.90 | 544.05 | 0.728 times |
| 27 Fri Sep 2024 | 559.75 | 564.95 | 577.70 | 545.50 | 0.762 times |
| 20 Fri Sep 2024 | 560.40 | 591.45 | 628.00 | 554.40 | 0.351 times |
| 13 Fri Sep 2024 | 591.45 | 537.55 | 627.70 | 523.25 | 3.323 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 |
| 07 Mon Oct 2024 | 521.75 | 551.00 | 576.90 | 519.50 | 0.1 times |
| 30 Mon Sep 2024 | 556.85 | 521.65 | 628.00 | 501.85 | 1.434 times |
| 30 Fri Aug 2024 | 512.25 | 520.05 | 567.00 | 480.00 | 0.604 times |
| 31 Wed Jul 2024 | 519.20 | 475.50 | 546.95 | 475.50 | 0.973 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 losing 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 558.92 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 losing 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 558.92 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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