(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 2024-07-12 View latest technical analysis
10 day averaged volume of Sumichem is 55632
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 503.05 | 495.00 | 505.75 | 495.00 | 0.252 times |
| 11 Thu Jul 2024 | 492.80 | 491.35 | 503.20 | 489.40 | 0.499 times |
| 10 Wed Jul 2024 | 496.80 | 499.65 | 502.90 | 482.35 | 0.469 times |
| 09 Tue Jul 2024 | 491.80 | 506.60 | 509.85 | 491.00 | 2.4 times |
| 08 Mon Jul 2024 | 498.80 | 488.05 | 500.00 | 487.95 | 0.862 times |
| 05 Fri Jul 2024 | 489.55 | 495.00 | 500.00 | 487.55 | 0.358 times |
| 04 Thu Jul 2024 | 492.75 | 498.95 | 500.80 | 491.75 | 0.371 times |
| 03 Wed Jul 2024 | 493.00 | 514.60 | 516.60 | 490.00 | 1.282 times |
| 02 Tue Jul 2024 | 512.45 | 480.40 | 515.00 | 480.35 | 3.057 times |
| 01 Mon Jul 2024 | 478.25 | 475.50 | 493.35 | 475.50 | 0.561 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 499.1, but if it comes below 499.1, then a intra day sell could be more profitable.
If you take a sell trade below 499.1, then use 499.1 as stoploss and 489.56 as target. However if you take a buy trade in stock , then use 499.1 as stoploss and 510.4 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 336.40 |
| Downside Target | 350.80 |
| Downside Target | 380.05 |
| Downside Target | 387.90 |
| Downside Target | 414.50 |
| Downside Target | 427.70 |
| Downside Target | 469.95 |
| Downside Target | 497.90 |
| Upside Target | 505.00 |
| Upside Target | 509.85 |
| Upside Target | 510.00 |
| Upside Target | 516.60 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 486.98 |
| Downside Intraday Target | 470.92 |
| Upside Intraday Target | 514.48 |
| Upside Intraday Target | 525.92 |
| Downside Intraday Target | 498.42 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 503.05 | 488.05 | 509.85 | 482.35 | 0.796 times |
| 05 Fri Jul 2024 | 489.55 | 475.50 | 516.60 | 475.50 | 2.575 times |
| 28 Fri Jun 2024 | 479.70 | 500.75 | 502.90 | 471.10 | 0.398 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 |
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 |
| 12 Fri Jul 2024 | 503.05 | 475.50 | 516.60 | 475.50 | 0.455 times |
| 28 Fri Jun 2024 | 479.70 | 483.40 | 510.00 | 427.70 | 0.924 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 |
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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 buy signal for Sumichem in short term and BUY 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
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 498.56 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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 buy signal for Sumichem in short term and BUY 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
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 498.56 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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