(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 2024-11-05 View latest technical analysis
10 day averaged volume of Sumichem is 45992
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 567.80 | 565.70 | 571.00 | 558.45 | 0.467 times |
| 04 Mon Nov 2024 | 560.45 | 573.95 | 575.00 | 555.95 | 0.639 times |
| 01 Fri Nov 2024 | 570.60 | 575.05 | 578.55 | 566.85 | 0.104 times |
| 31 Thu Oct 2024 | 573.20 | 565.00 | 581.00 | 560.10 | 0.678 times |
| 30 Wed Oct 2024 | 565.40 | 542.85 | 567.40 | 542.85 | 0.779 times |
| 29 Tue Oct 2024 | 553.70 | 523.65 | 563.95 | 520.25 | 3.77 times |
| 28 Mon Oct 2024 | 514.30 | 504.50 | 536.75 | 492.45 | 1.805 times |
| 25 Fri Oct 2024 | 494.60 | 514.85 | 518.75 | 490.15 | 0.799 times |
| 24 Thu Oct 2024 | 516.60 | 529.50 | 529.50 | 510.15 | 0.404 times |
| 23 Wed Oct 2024 | 518.05 | 502.00 | 523.80 | 492.70 | 0.29 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 567, but if it comes below 567, then a intra day sell could be more profitable.
If you take a sell trade below 567, then use 567 as stoploss and 543.45 as target. However if you take a buy trade in stock , then use 567 as stoploss and 595.2 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 475.50 |
| Downside Target | 490.15 |
| Downside Target | 519.20 |
| Downside Target | 538.00 |
| Downside Target | 560.25 |
| Downside Target | 567.00 |
| Upside Target | 575.00 |
| Upside Target | 577.00 |
| Upside Target | 578.55 |
| Upside Target | 581.00 |
| Upside Target | 628.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 557.5 |
| Downside Intraday Target | 547.2 |
| Upside Intraday Target | 576.55 |
| Upside Intraday Target | 585.3 |
| Downside Intraday Target | 566.25 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 567.80 | 573.95 | 575.00 | 555.95 | 0.155 times |
| 01 Fri Nov 2024 | 570.60 | 504.50 | 581.00 | 492.45 | 2.813 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 |
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 |
| 05 Tue Nov 2024 | 567.80 | 575.05 | 578.55 | 555.95 | 0.075 times |
| 31 Thu Oct 2024 | 573.20 | 551.00 | 581.00 | 490.15 | 0.709 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 |
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 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 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 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 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 tired and bears 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 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 542.54 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 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 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 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 tired and bears 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 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 542.54 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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