(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 2024-10-11 View latest technical analysis
10 day averaged volume of Sumichem is 25253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 545.30 | 544.05 | 550.00 | 540.85 | 0.345 times |
| 10 Thu Oct 2024 | 544.05 | 537.50 | 552.00 | 537.50 | 0.665 times |
| 09 Wed Oct 2024 | 539.60 | 553.90 | 553.90 | 537.85 | 0.906 times |
| 08 Tue Oct 2024 | 548.65 | 521.45 | 552.80 | 519.20 | 1.121 times |
| 07 Mon Oct 2024 | 521.75 | 560.25 | 560.25 | 519.50 | 0.604 times |
| 03 Thu Oct 2024 | 547.95 | 568.60 | 568.60 | 544.05 | 0.905 times |
| 01 Tue Oct 2024 | 565.25 | 551.00 | 576.90 | 551.00 | 2.624 times |
| 30 Mon Sep 2024 | 556.85 | 561.00 | 561.30 | 550.25 | 0.596 times |
| 27 Fri Sep 2024 | 559.75 | 548.70 | 568.40 | 546.15 | 1.809 times |
| 26 Thu Sep 2024 | 548.70 | 550.00 | 556.00 | 545.50 | 0.312 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 541.8 as stoploss in an intra day buy trade for a target of 564.9. However, stock will show a bearish move below 541.8.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 427.70 |
| Downside Target | 475.50 |
| Downside Target | 501.85 |
| Downside Target | 544.05 |
| Upside Target | 560.25 |
| Upside Target | 567.00 |
| Upside Target | 576.90 |
| Upside Target | 577.70 |
| Upside Target | 627.70 |
| Upside Target | 628.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 522.92 |
| Downside Intraday Target | 500.53 |
| Upside Intraday Target | 563.97 |
| Upside Intraday Target | 582.63 |
| Downside Intraday Target | 541.58 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 545.30 | 560.25 | 560.25 | 519.20 | 0.883 times |
| 03 Thu Oct 2024 | 547.95 | 561.00 | 576.90 | 544.05 | 0.728 times |
| 27 Fri Sep 2024 | 559.75 | 564.95 | 577.70 | 545.50 | 0.762 times |
| 20 Fri Sep 2024 | 560.40 | 591.45 | 628.00 | 554.40 | 0.351 times |
| 13 Fri Sep 2024 | 591.45 | 537.55 | 627.70 | 523.25 | 3.323 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 |
| 11 Fri Oct 2024 | 545.30 | 551.00 | 576.90 | 519.20 | 0.174 times |
| 30 Mon Sep 2024 | 556.85 | 521.65 | 628.00 | 501.85 | 1.434 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumichem in short term but BUY 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 552.62 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumichem in short term but BUY 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 552.62 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