(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 2024-10-29 View latest technical analysis
10 day averaged volume of Sumichem is 30135
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 553.70 | 523.65 | 563.95 | 520.25 | 5.753 times |
| 28 Mon Oct 2024 | 514.30 | 504.50 | 536.75 | 492.45 | 2.755 times |
| 25 Fri Oct 2024 | 494.60 | 514.85 | 518.75 | 490.15 | 1.219 times |
| 24 Thu Oct 2024 | 516.60 | 529.50 | 529.50 | 510.15 | 0.616 times |
| 23 Wed Oct 2024 | 518.05 | 502.00 | 523.80 | 492.70 | 0.443 times |
| 22 Tue Oct 2024 | 501.85 | 538.00 | 538.00 | 500.05 | 1.117 times |
| 21 Mon Oct 2024 | 527.55 | 558.50 | 558.50 | 525.55 | 0.476 times |
| 18 Fri Oct 2024 | 546.75 | 566.15 | 566.15 | 545.45 | 0.426 times |
| 17 Thu Oct 2024 | 565.75 | 570.25 | 577.00 | 562.05 | 0.446 times |
| 16 Wed Oct 2024 | 570.75 | 559.85 | 573.00 | 549.95 | 1.681 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 559.5 as stoploss in an intra day sell trade for a target of 538.6. However, stock will show a bullish move above 559.5.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 427.70 |
| Downside Target | 475.50 |
| Downside Target | 490.15 |
| Downside Target | 538.00 |
| Upside Target | 558.50 |
| Upside Target | 560.25 |
| Upside Target | 563.95 |
| 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 | 509.45 |
| Downside Intraday Target | 465.2 |
| Upside Intraday Target | 580.95 |
| Upside Intraday Target | 608.2 |
| Downside Intraday Target | 536.7 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 553.70 | 504.50 | 563.95 | 492.45 | 2.198 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sumichem (Sumichem)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 553.70 | 551.00 | 577.00 | 490.15 | 0.644 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumichem in short term and BUY signal is strong.
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 536.39 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 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumichem in short term and BUY signal is strong.
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 536.39 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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