(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 2024-09-02 View latest technical analysis
10 day averaged volume of Sumichem is 31921
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon Sep 2024 | 512.35 | 521.65 | 523.65 | 511.35 | 0.905 times |
| 30 Fri Aug 2024 | 512.25 | 524.45 | 529.15 | 507.10 | 0.822 times |
| 29 Thu Aug 2024 | 524.45 | 525.50 | 536.85 | 522.00 | 0.852 times |
| 28 Wed Aug 2024 | 529.95 | 521.05 | 546.15 | 521.05 | 0.84 times |
| 27 Tue Aug 2024 | 529.50 | 527.35 | 541.95 | 524.45 | 0.633 times |
| 26 Mon Aug 2024 | 523.30 | 532.00 | 534.25 | 522.00 | 0.946 times |
| 23 Fri Aug 2024 | 532.55 | 542.00 | 542.90 | 530.10 | 0.959 times |
| 22 Thu Aug 2024 | 542.25 | 549.00 | 567.00 | 540.00 | 2.975 times |
| 21 Wed Aug 2024 | 543.80 | 540.00 | 547.90 | 535.60 | 1.117 times |
| 20 Tue Aug 2024 | 537.00 | 529.80 | 543.55 | 529.80 | 0.473 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 508.6 as stoploss in an intra day buy trade for a target of 523.52. However, stock will show a bearish move below 508.6.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 380.05 |
| Downside Target | 427.70 |
| Downside Target | 475.50 |
| Downside Target | 497.90 |
| Upside Target | 523.65 |
| Upside Target | 526.95 |
| Upside Target | 528.75 |
| Upside Target | 546.15 |
| Upside Target | 546.95 |
| Upside Target | 548.70 |
| Upside Target | 567.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 507.92 |
| Downside Intraday Target | 503.48 |
| Upside Intraday Target | 520.22 |
| Upside Intraday Target | 528.08 |
| Upside Intraday Target | 515.78 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon Sep 2024 | 512.35 | 521.65 | 523.65 | 511.35 | 0.221 times |
| 30 Fri Aug 2024 | 512.25 | 532.00 | 546.15 | 507.10 | 0.693 times |
| 23 Fri Aug 2024 | 532.55 | 531.40 | 567.00 | 528.75 | 0.91 times |
| 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 |
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 |
| 02 Mon Sep 2024 | 512.35 | 521.65 | 523.65 | 511.35 | 0.04 times |
| 30 Fri Aug 2024 | 512.25 | 520.05 | 567.00 | 480.00 | 0.604 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 |
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 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 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 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 moving up
CCI has generated a SELL signal for Sumichem in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 531.48 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 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 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 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 moving up
CCI has generated a SELL signal for Sumichem in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 531.48 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.
Click here for Sumichem charts
Click here for further forecast and predictions for tomorrow