(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 16923
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 399.00 | 399.25 | 400.75 | 389.95 | 1.003 times |
| 06 Mon May 2024 | 398.60 | 403.45 | 403.50 | 394.00 | 1.183 times |
| 03 Fri May 2024 | 403.50 | 399.10 | 404.50 | 394.15 | 1.23 times |
| 02 Thu May 2024 | 401.05 | 402.75 | 405.50 | 396.90 | 0.739 times |
| 30 Tue Apr 2024 | 400.70 | 402.45 | 405.55 | 395.00 | 1.551 times |
My analysis of stock is bullish for shortterm, and stock might move up till 405.6 or till 414.2. Use a stoploss of 398.5 and if this stock hits its stoploss, then it can fall down till 391.36
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 336.40 |
| Downside Target | 350.80 |
| Downside Target | 370.00 |
| Downside Target | 387.90 |
| Upside Target | 405.50 |
| Upside Target | 406.20 |
| Upside Target | 410.85 |
| Upside Target | 413.00 |
| Upside Target | 414.50 |
| Upside Target | 414.95 |
| Upside Target | 431.50 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 391.47 |
| Downside Intraday Target | 383.93 |
| Upside Intraday Target | 405.02 |
| Upside Intraday Target | 411.03 |
| Downside Intraday Target | 397.48 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 399.00 | 403.45 | 403.50 | 389.95 | 0.465 times |
| 03 Fri May 2024 | 403.50 | 406.20 | 406.20 | 394.15 | 1.189 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 |
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 |
| 07 Tue May 2024 | 399.00 | 402.75 | 405.50 | 389.95 | 0.121 times |
| 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 |
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 | 16, 18, 6 | Sell |
| MACD | 13, 14 | Sell |
| Stochastics | 41 | None |
| CCI | -152 | Sell |
| RSI | 60 | Buy |
| OBV | 76871 | Sell |
| VWAP | 402 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.
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. Bears 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 SELL signal for Sumichem in short term and SELL 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 401.79 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 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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