(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 2024-10-28 View latest technical analysis
10 day averaged volume of Sumichem is 23453
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 514.30 | 504.50 | 536.75 | 492.45 | 3.54 times |
| 25 Fri Oct 2024 | 494.60 | 514.85 | 518.75 | 490.15 | 1.567 times |
| 24 Thu Oct 2024 | 516.60 | 529.50 | 529.50 | 510.15 | 0.792 times |
| 23 Wed Oct 2024 | 518.05 | 502.00 | 523.80 | 492.70 | 0.569 times |
| 22 Tue Oct 2024 | 501.85 | 538.00 | 538.00 | 500.05 | 1.435 times |
| 21 Mon Oct 2024 | 527.55 | 558.50 | 558.50 | 525.55 | 0.612 times |
| 18 Fri Oct 2024 | 546.75 | 566.15 | 566.15 | 545.45 | 0.548 times |
| 17 Thu Oct 2024 | 565.75 | 570.25 | 577.00 | 562.05 | 0.573 times |
| 16 Wed Oct 2024 | 570.75 | 559.85 | 573.00 | 549.95 | 2.16 times |
| 15 Tue Oct 2024 | 553.10 | 540.60 | 559.80 | 540.60 | 1.054 times |
Stock of Sumichem (Sumichem) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 517.7, but if it comes above 517.7, then a intra day buy could be more profitable.
If you take a sell trade below 517.7, then use 517.7 as stoploss and 492.3 as target. However if you take a buy trade in stock , then use 517.7 as stoploss and 538.9 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 427.70 |
| Downside Target | 475.50 |
| Downside Target | 490.15 |
| Upside Target | 536.75 |
| Upside Target | 546.95 |
| Upside Target | 558.50 |
| Upside Target | 560.25 |
| Upside Target | 567.00 |
| Upside Target | 576.90 |
| Upside Target | 577.00 |
| Upside Target | 628.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 492.25 |
| Downside Intraday Target | 470.2 |
| Upside Intraday Target | 536.55 |
| Upside Intraday Target | 558.8 |
| Upside Intraday Target | 514.5 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 514.30 | 504.50 | 536.75 | 492.45 | 0.712 times |
| 25 Fri Oct 2024 | 494.60 | 558.50 | 558.50 | 490.15 | 0.99 times |
| 18 Fri Oct 2024 | 546.75 | 546.25 | 577.00 | 538.00 | 1.282 times |
| 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 |
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 |
| 28 Mon Oct 2024 | 514.30 | 551.00 | 577.00 | 490.15 | 0.478 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sumichem stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sumichem in short term and the sell signal is strong.
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 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 and the buying is gaining 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 527.79 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 negative.
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sumichem stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sumichem in short term and the sell signal is strong.
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 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 and the buying is gaining 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 527.79 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 negative.
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