(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 2024-12-20 View latest technical analysis
10 day averaged volume of Sumichem is 16380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 523.05 | 524.95 | 536.85 | 509.00 | 2.077 times |
| 19 Thu Dec 2024 | 517.80 | 522.05 | 526.50 | 516.60 | 0.539 times |
| 18 Wed Dec 2024 | 532.30 | 539.95 | 539.95 | 525.90 | 0.727 times |
| 17 Tue Dec 2024 | 534.50 | 539.95 | 542.00 | 529.40 | 0.494 times |
| 16 Mon Dec 2024 | 532.30 | 525.05 | 535.45 | 525.00 | 1.576 times |
| 13 Fri Dec 2024 | 525.75 | 520.25 | 529.45 | 516.05 | 0.91 times |
| 12 Thu Dec 2024 | 528.95 | 533.50 | 536.65 | 526.85 | 0.415 times |
| 11 Wed Dec 2024 | 533.65 | 554.00 | 554.00 | 533.00 | 0.625 times |
| 10 Tue Dec 2024 | 545.35 | 554.00 | 554.00 | 537.95 | 0.894 times |
| 09 Mon Dec 2024 | 544.65 | 550.05 | 554.45 | 542.05 | 1.334 times |
Stock of Sumichem (Sumichem) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 528.7, but if it comes above 528.7, then a intra day buy could be more profitable.
If you take a sell trade below 528.7, then use 528.7 as stoploss and 516.1 as target. However if you take a buy trade in stock , then use 528.7 as stoploss and 539.23 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 480.00 |
| Downside Target | 490.15 |
| Downside Target | 501.85 |
| Upside Target | 554.45 |
| Upside Target | 564.30 |
| Upside Target | 567.00 |
| Upside Target | 572.05 |
| Upside Target | 581.00 |
| Upside Target | 592.35 |
| Upside Target | 628.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 507.37 |
| Downside Intraday Target | 491.68 |
| Upside Intraday Target | 540.37 |
| Upside Intraday Target | 557.68 |
| Upside Intraday Target | 524.68 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 523.05 | 525.05 | 542.00 | 509.00 | 1.296 times |
| 13 Fri Dec 2024 | 525.75 | 550.05 | 554.45 | 516.05 | 0.475 times |
| 06 Fri Dec 2024 | 549.15 | 555.00 | 572.05 | 540.85 | 1.283 times |
| 29 Fri Nov 2024 | 551.15 | 525.10 | 564.30 | 524.00 | 1.529 times |
| 22 Fri Nov 2024 | 513.95 | 531.35 | 531.35 | 508.00 | 0.961 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 |
| 20 Fri Dec 2024 | 523.05 | 555.00 | 572.05 | 509.00 | 0.667 times |
| 29 Fri Nov 2024 | 551.15 | 575.05 | 592.35 | 503.00 | 0.612 times |
| 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 |
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 neutral. A longer time frame might give a better analysis.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sumichem stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumichem in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 531.85 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 neutral. A longer time frame might give a better analysis.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sumichem stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumichem in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 531.85 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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