(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 2024-06-07 View latest technical analysis
10 day averaged volume of Sumichem is 131542
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 481.20 | 480.00 | 487.70 | 474.40 | 0.221 times |
| 06 Thu Jun 2024 | 479.35 | 496.15 | 500.00 | 476.65 | 0.245 times |
| 05 Wed Jun 2024 | 488.45 | 450.10 | 497.00 | 443.50 | 1.172 times |
| 04 Tue Jun 2024 | 456.40 | 465.05 | 465.55 | 427.70 | 0.388 times |
| 03 Mon Jun 2024 | 462.45 | 483.40 | 483.40 | 452.05 | 0.618 times |
| 31 Fri May 2024 | 463.55 | 470.00 | 479.55 | 460.35 | 0.713 times |
| 30 Thu May 2024 | 477.00 | 485.30 | 487.75 | 473.30 | 0.814 times |
| 29 Wed May 2024 | 488.35 | 448.95 | 497.90 | 448.95 | 1.364 times |
| 28 Tue May 2024 | 448.90 | 459.00 | 482.00 | 445.15 | 3.629 times |
| 27 Mon May 2024 | 440.75 | 444.25 | 448.70 | 435.00 | 0.531 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 472.9, but if it comes below 472.9, then a intra day sell could be more profitable.
If you take a sell trade below 472.9, then use 472.9 as stoploss and 439.14 as target. However if you take a buy trade in stock , then use 472.9 as stoploss and 513.5 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 336.40 |
| Downside Target | 350.80 |
| Downside Target | 370.00 |
| Downside Target | 380.05 |
| Downside Target | 400.20 |
| Downside Target | 427.70 |
| Downside Target | 435.00 |
| Downside Target | 445.90 |
| Upside Target | 497.90 |
| Upside Target | 500.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 439.27 |
| Downside Intraday Target | 397.33 |
| Upside Intraday Target | 511.57 |
| Upside Intraday Target | 541.93 |
| Downside Intraday Target | 469.63 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 481.20 | 483.40 | 500.00 | 427.70 | 0.375 times |
| 31 Fri May 2024 | 463.55 | 444.25 | 497.90 | 435.00 | 4.41 times |
| 24 Fri May 2024 | 440.30 | 404.00 | 445.90 | 400.20 | 2.031 times |
| 18 Sat May 2024 | 405.45 | 380.45 | 411.95 | 380.05 | 1.609 times |
| 10 Fri May 2024 | 384.75 | 403.45 | 404.70 | 383.05 | 0.809 times |
Price has moved up 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 Fri Jun 2024 | 481.20 | 483.40 | 500.00 | 427.70 | 0.26 times |
| 31 Fri May 2024 | 463.55 | 402.75 | 497.90 | 380.05 | 2.31 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sumichem ( (Sumichem) ) based on a short 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 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 Strong and stock is losing 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Sumichem in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 464.89 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.
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 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 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 Strong and stock is losing 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Sumichem in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 464.89 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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