(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 2024-10-30 View latest technical analysis
10 day averaged volume of Sumichem is 45001
Date | Daily Closing Price | Open | High | Low | Volume |
30 Wed Oct 2024 | 565.40 | 542.85 | 567.40 | 542.85 | 0.796 times |
29 Tue Oct 2024 | 553.70 | 523.65 | 563.95 | 520.25 | 3.853 times |
28 Mon Oct 2024 | 514.30 | 504.50 | 536.75 | 492.45 | 1.845 times |
25 Fri Oct 2024 | 494.60 | 514.85 | 518.75 | 490.15 | 0.817 times |
24 Thu Oct 2024 | 516.60 | 529.50 | 529.50 | 510.15 | 0.413 times |
23 Wed Oct 2024 | 518.05 | 502.00 | 523.80 | 492.70 | 0.297 times |
22 Tue Oct 2024 | 501.85 | 538.00 | 538.00 | 500.05 | 0.748 times |
21 Mon Oct 2024 | 527.55 | 558.50 | 558.50 | 525.55 | 0.319 times |
18 Fri Oct 2024 | 546.75 | 566.15 | 566.15 | 545.45 | 0.286 times |
17 Thu Oct 2024 | 565.75 | 570.25 | 577.00 | 562.05 | 0.299 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 560.4, but if it comes below 560.4, then a intra day sell could be more profitable.
If you take a sell trade below 560.4, then use 560.4 as stoploss and 539.02 as target. However if you take a buy trade in stock , then use 560.4 as stoploss and 586.1 as target.
Share price targets for Sumichem (Sumichem)
Target Type | Value |
Downside Target | 427.70 |
Downside Target | 475.50 |
Downside Target | 490.15 |
Downside Target | 538.00 |
Downside Target | 558.50 |
Downside Target | 560.25 |
Upside Target | 567.00 |
Upside Target | 567.40 |
Upside Target | 576.90 |
Upside Target | 577.00 |
Upside Target | 628.00 |
Intraday share price targets for Sumichem (Sumichem)
Target Type | Value |
Downside Intraday Target | 516.1 |
Downside Intraday Target | 466.8 |
Upside Intraday Target | 591.05 |
Upside Intraday Target | 616.7 |
Downside Intraday Target | 541.75 |
Weekly technical analysis of Sumichem (Sumichem)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Wed Oct 2024 | 565.40 | 504.50 | 567.40 | 492.45 | 2.505 times |
25 Fri Oct 2024 | 494.60 | 558.50 | 558.50 | 490.15 | 0.99 times |
18 Fri Oct 2024 | 546.75 | 546.25 | 577.00 | 538.00 | 1.282 times |
11 Fri Oct 2024 | 545.30 | 560.25 | 560.25 | 519.20 | 0.883 times |
03 Thu Oct 2024 | 547.95 | 561.00 | 576.90 | 544.05 | 0.728 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sumichem (Sumichem)
Date | Monthly Closing Price | Open | High | Low | Volume |
30 Wed Oct 2024 | 565.40 | 551.00 | 577.00 | 490.15 | 0.679 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 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Sumichem stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sumichem in short term but the buy 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 534.78 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Sumichem stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sumichem in short term but the buy 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 534.78 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Click here for Sumichem charts
Click here for further forecast and predictions for tomorrow