(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 2024-09-16 View latest technical analysis
10 day averaged volume of Sumichem is 69674
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 592.15 | 591.45 | 599.80 | 581.55 | 0.317 times |
| 13 Fri Sep 2024 | 591.45 | 596.55 | 602.00 | 580.40 | 0.774 times |
| 12 Thu Sep 2024 | 591.85 | 584.40 | 595.50 | 571.30 | 0.88 times |
| 11 Wed Sep 2024 | 580.40 | 606.75 | 609.00 | 576.30 | 2.208 times |
| 10 Tue Sep 2024 | 611.20 | 530.00 | 627.70 | 530.00 | 3.588 times |
| 09 Mon Sep 2024 | 531.60 | 537.55 | 537.55 | 523.25 | 0.236 times |
| 06 Fri Sep 2024 | 537.50 | 527.00 | 547.50 | 519.20 | 1.226 times |
| 05 Thu Sep 2024 | 516.95 | 531.90 | 531.90 | 513.20 | 0.17 times |
| 04 Wed Sep 2024 | 519.30 | 505.05 | 527.10 | 501.85 | 0.332 times |
| 03 Tue Sep 2024 | 507.25 | 506.55 | 518.50 | 506.55 | 0.171 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 574.2, but if it comes below 574.2, then a intra day sell could be more profitable.
If you take a sell trade below 574.2, then use 574.2 as stoploss and 543.35 as target. However if you take a buy trade in stock , then use 574.2 as stoploss and 611.1 as target.
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 |
| Downside Target | 523.25 |
| Downside Target | 546.15 |
| Downside Target | 547.50 |
| Downside Target | 567.00 |
| Downside Target | 581.55 |
| Upside Target | 599.80 |
| Upside Target | 627.70 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 582.53 |
| Downside Intraday Target | 572.92 |
| Upside Intraday Target | 600.78 |
| Upside Intraday Target | 609.42 |
| Downside Intraday Target | 591.17 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 592.15 | 591.45 | 599.80 | 581.55 | 0.041 times |
| 13 Fri Sep 2024 | 591.45 | 537.55 | 627.70 | 523.25 | 3.323 times |
| 06 Fri Sep 2024 | 537.50 | 521.65 | 547.50 | 501.85 | 1.234 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 |
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 Mon Sep 2024 | 592.15 | 521.65 | 627.70 | 501.85 | 0.988 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 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 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 gaining 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 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 582.94 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 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 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 gaining 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 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 582.94 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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