(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 2024-06-27 View latest technical analysis
10 day averaged volume of Sumichem is 72892
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 477.70 | 471.10 | 486.90 | 471.10 | 0.187 times |
| 26 Wed Jun 2024 | 482.95 | 480.75 | 487.90 | 478.80 | 0.324 times |
| 25 Tue Jun 2024 | 480.80 | 490.00 | 492.00 | 478.90 | 0.292 times |
| 24 Mon Jun 2024 | 491.95 | 500.75 | 502.90 | 486.05 | 0.758 times |
| 21 Fri Jun 2024 | 491.95 | 500.75 | 502.90 | 486.05 | 0.758 times |
| 20 Thu Jun 2024 | 496.35 | 473.90 | 503.00 | 470.50 | 1.68 times |
| 19 Wed Jun 2024 | 474.20 | 479.30 | 490.00 | 469.95 | 1.192 times |
| 18 Tue Jun 2024 | 477.70 | 504.00 | 510.00 | 475.15 | 0.566 times |
| 14 Fri Jun 2024 | 488.70 | 485.00 | 491.05 | 479.75 | 1.816 times |
| 13 Thu Jun 2024 | 488.70 | 485.00 | 491.05 | 479.75 | 1.816 times |
My analysis of stock is bearish for shortterm, and stock might move down till 470.8 or till 458.4. Use a stoploss of 481.16 and if the stock hits stoploss, then it can shoot up till 491.5
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 | 387.90 |
| Downside Target | 414.50 |
| Downside Target | 427.70 |
| Downside Target | 469.95 |
| Upside Target | 497.90 |
| Upside Target | 500.00 |
| Upside Target | 502.90 |
| Upside Target | 505.00 |
| Upside Target | 510.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 464.9 |
| Downside Intraday Target | 452.1 |
| Upside Intraday Target | 496.7 |
| Upside Intraday Target | 515.7 |
| Upside Intraday Target | 483.9 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 477.70 | 500.75 | 502.90 | 471.10 | 0.372 times |
| 21 Fri Jun 2024 | 491.95 | 504.00 | 510.00 | 469.95 | 0.662 times |
| 14 Fri Jun 2024 | 488.70 | 485.00 | 505.00 | 477.45 | 1.329 times |
| 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 |
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 |
| 27 Thu Jun 2024 | 477.70 | 483.40 | 510.00 | 427.70 | 0.918 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid 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 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 SELL signal for Sumichem in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 487.43 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.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid 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 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 SELL signal for Sumichem in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 487.43 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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