(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)
10 day averaged volume of Sumichem is 14631
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 419.55 | 405.05 | 421.95 | 402.75 | 1.355 times |
| 28 Tue Mar 2023 | 410.05 | 413.80 | 413.80 | 401.60 | 0.469 times |
| 27 Mon Mar 2023 | 403.20 | 416.20 | 423.05 | 399.00 | 2.027 times |
| 24 Fri Mar 2023 | 422.90 | 428.15 | 433.60 | 420.75 | 0.966 times |
| 23 Thu Mar 2023 | 428.85 | 436.35 | 436.35 | 425.80 | 0.782 times |
| 22 Wed Mar 2023 | 430.95 | 427.30 | 436.80 | 427.30 | 0.657 times |
| 21 Tue Mar 2023 | 431.20 | 433.05 | 436.40 | 428.80 | 2.227 times |
| 20 Mon Mar 2023 | 435.25 | 437.50 | 438.40 | 433.75 | 0.749 times |
| 17 Fri Mar 2023 | 437.50 | 450.00 | 458.70 | 432.45 | 1.096 times |
| 16 Thu Mar 2023 | 450.40 | 433.00 | 453.00 | 427.00 | 0.686 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 422.4, but if it comes above 422.4, then a intra day buy could be more profitable.
If you take a sell trade below 422.4, then use 422.4 as stoploss and 405.5 as target. However if you take a buy trade in stock , then use 422.4 as stoploss and 436.54 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 399.00 |
| Upside Target | 420.50 |
| Upside Target | 452.05 |
| Upside Target | 455.95 |
| Upside Target | 458.70 |
| Upside Target | 466.95 |
| Upside Target | 482.00 |
| Upside Target | 494.95 |
| Upside Target | 498.70 |
| Upside Target | 504.20 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 404.68 |
| Downside Intraday Target | 389.82 |
| Upside Intraday Target | 428.73 |
| Upside Intraday Target | 437.92 |
| Downside Intraday Target | 413.87 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 419.55 | 416.20 | 423.05 | 399.00 | 0.716 times |
| 24 Fri Mar 2023 | 422.90 | 437.50 | 438.40 | 420.75 | 1.4 times |
| 17 Fri Mar 2023 | 437.50 | 444.00 | 458.70 | 427.00 | 0.985 times |
| 10 Fri Mar 2023 | 445.75 | 440.00 | 466.95 | 440.00 | 1.348 times |
| 03 Fri Mar 2023 | 449.90 | 440.75 | 455.95 | 434.70 | 0.111 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 |
| 29 Wed Mar 2023 | 419.55 | 442.00 | 466.95 | 399.00 | 0.353 times |
| 28 Tue Feb 2023 | 445.45 | 454.65 | 482.00 | 420.50 | 2.56 times |
| 31 Tue Jan 2023 | 454.45 | 488.30 | 498.70 | 448.55 | 0.633 times |
| 30 Fri Dec 2022 | 488.25 | 475.90 | 494.95 | 452.05 | 0.667 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 15, 23, 20 | Sell |
| MACD | -18, -15 | Sell |
| Stochastics | 20 | Sell |
| CCI | -81 | Buy |
| RSI | 53 | Buy |
| OBV | -85189 | Sell |
| VWAP | 425 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sumichem in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 and the buying is gaining 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 424.9 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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