(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 21712
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 400.70 | 402.45 | 405.55 | 395.00 | 1.209 times |
| 29 Mon Apr 2024 | 401.05 | 406.20 | 406.20 | 398.70 | 0.918 times |
| 26 Fri Apr 2024 | 404.30 | 411.00 | 411.60 | 402.40 | 0.552 times |
| 25 Thu Apr 2024 | 406.90 | 400.00 | 409.70 | 398.75 | 1.032 times |
| 24 Wed Apr 2024 | 399.70 | 408.55 | 408.55 | 398.30 | 0.432 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 406.5 as stoploss in an intra day sell trade for a target of 391.38. However, stock will show a bullish move above 406.5.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 336.40 |
| Downside Target | 350.80 |
| Downside Target | 370.00 |
| Upside Target | 406.20 |
| Upside Target | 410.85 |
| Upside Target | 413.00 |
| Upside Target | 414.50 |
| Upside Target | 414.95 |
| Upside Target | 421.35 |
| Upside Target | 431.50 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 395.07 |
| Downside Intraday Target | 389.43 |
| Upside Intraday Target | 406.27 |
| Upside Intraday Target | 411.83 |
| Downside Intraday Target | 400.63 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 400.70 | 406.20 | 406.20 | 395.00 | 0.691 times |
| 26 Fri Apr 2024 | 404.30 | 409.55 | 413.00 | 398.30 | 0.415 times |
| 19 Fri Apr 2024 | 400.60 | 375.05 | 410.85 | 375.05 | 0.783 times |
| 12 Fri Apr 2024 | 403.90 | 384.85 | 414.50 | 377.15 | 2.063 times |
| 05 Fri Apr 2024 | 379.85 | 353.00 | 382.40 | 350.80 | 0.554 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 |
| 30 Tue Apr 2024 | 400.70 | 353.00 | 414.50 | 350.80 | 0.987 times |
| 28 Thu Mar 2024 | 347.40 | 379.00 | 387.90 | 336.40 | 1.418 times |
| 29 Thu Feb 2024 | 374.10 | 414.95 | 414.95 | 370.00 | 0.568 times |
| 31 Wed Jan 2024 | 415.85 | 411.45 | 431.50 | 391.05 | 1.495 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 18, 12 | Buy |
| MACD | 15, 15 | Buy |
| Stochastics | 67 | None |
| CCI | -26 | Sell |
| RSI | 67 | Buy |
| OBV | 109609 | Sell |
| VWAP | 400 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 to mid 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 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 losing momentum.
MACD generated a BUY signal for Sumichem in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 400.48 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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