(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 2024-08-16 View latest technical analysis
10 day averaged volume of Sumichem is 38605
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 537.50 | 544.70 | 545.40 | 525.00 | 0.574 times |
| 14 Wed Aug 2024 | 536.05 | 526.80 | 548.70 | 524.55 | 2.038 times |
| 13 Tue Aug 2024 | 526.65 | 540.35 | 546.00 | 524.55 | 1.859 times |
| 12 Mon Aug 2024 | 537.30 | 510.60 | 539.25 | 510.05 | 0.894 times |
| 09 Fri Aug 2024 | 516.05 | 510.00 | 526.95 | 510.00 | 0.342 times |
| 08 Thu Aug 2024 | 509.60 | 509.95 | 520.40 | 504.00 | 0.358 times |
| 07 Wed Aug 2024 | 504.45 | 499.25 | 510.15 | 492.00 | 0.518 times |
| 06 Tue Aug 2024 | 492.50 | 502.90 | 513.85 | 490.65 | 0.755 times |
| 05 Mon Aug 2024 | 493.05 | 480.00 | 512.50 | 480.00 | 1.984 times |
| 02 Fri Aug 2024 | 510.95 | 509.00 | 517.10 | 508.45 | 0.26 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 528.3, but if it comes below 528.3, then a intra day sell could be more profitable.
If you take a sell trade below 528.3, then use 528.3 as stoploss and 514.16 as target. However if you take a buy trade in stock , then use 528.3 as stoploss and 545.3 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 350.80 |
| Downside Target | 380.05 |
| Downside Target | 414.50 |
| Downside Target | 427.70 |
| Downside Target | 475.50 |
| Downside Target | 508.45 |
| Downside Target | 510.05 |
| Downside Target | 523.00 |
| Downside Target | 526.95 |
| Upside Target | 546.95 |
| Upside Target | 548.70 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 515.47 |
| Downside Intraday Target | 493.43 |
| Upside Intraday Target | 554.12 |
| Upside Intraday Target | 570.73 |
| Downside Intraday Target | 532.08 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 537.50 | 510.60 | 548.70 | 510.05 | 1.356 times |
| 09 Fri Aug 2024 | 516.05 | 480.00 | 526.95 | 480.00 | 0.407 times |
| 02 Fri Aug 2024 | 510.95 | 536.95 | 546.95 | 508.45 | 2.445 times |
| 26 Fri Jul 2024 | 504.70 | 498.95 | 523.00 | 486.95 | 0.953 times |
| 19 Fri Jul 2024 | 498.00 | 506.05 | 509.75 | 493.55 | 0.646 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 |
| 16 Fri Aug 2024 | 537.50 | 520.05 | 548.70 | 480.00 | 0.339 times |
| 31 Wed Jul 2024 | 519.20 | 475.50 | 546.95 | 475.50 | 0.973 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 |
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 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 short 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 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 tired and bears are picking up momentum.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 518 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 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 short 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 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 tired and bears are picking up momentum.
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 518 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.
Click here for Sumichem charts
Click here for further forecast and predictions for tomorrow