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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 2024-10-31 View latest technical analysis

10 day averaged volume of Sumichem is 43519

Date Daily Closing Price Open High Low Volume
31 Thu Oct 2024 573.20 565.00 581.00 560.10 0.717 times
30 Wed Oct 2024 565.40 542.85 567.40 542.85 0.824 times
29 Tue Oct 2024 553.70 523.65 563.95 520.25 3.984 times
28 Mon Oct 2024 514.30 504.50 536.75 492.45 1.908 times
25 Fri Oct 2024 494.60 514.85 518.75 490.15 0.844 times
24 Thu Oct 2024 516.60 529.50 529.50 510.15 0.427 times
23 Wed Oct 2024 518.05 502.00 523.80 492.70 0.307 times
22 Tue Oct 2024 501.85 538.00 538.00 500.05 0.773 times
21 Mon Oct 2024 527.55 558.50 558.50 525.55 0.33 times
18 Fri Oct 2024 546.75 566.15 566.15 545.45 0.295 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 561.4, but if it comes below 561.4, then a intra day sell could be more profitable.
If you take a sell trade below 561.4, then use 561.4 as stoploss and 539.42 as target. However if you take a buy trade in stock , then use 561.4 as stoploss and 587.7 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
Downside Target 567.00
Upside Target 576.90
Upside Target 577.00
Upside Target 581.00
Upside Target 628.00

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 516.77
Downside Intraday Target 460.33
Upside Intraday Target 605.32
Upside Intraday Target 637.43
Downside Intraday Target 548.88

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
31 Thu Oct 2024 573.20 504.50 581.00 492.45 2.772 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
31 Thu Oct 2024 573.20 551.00 581.00 490.15 0.709 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 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Sumichem in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sumichem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 positive zone. This is a BUY 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 536.5 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 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 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Sumichem in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sumichem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 positive zone. This is a BUY 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 536.5 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 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

Daily charts

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