(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 2024-11-14 View latest technical analysis
10 day averaged volume of Sumichem is 28191
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Nov 2024 | 521.20 | 510.75 | 529.00 | 503.00 | 0.549 times |
| 13 Wed Nov 2024 | 510.45 | 520.00 | 527.50 | 508.70 | 0.622 times |
| 12 Tue Nov 2024 | 528.30 | 526.00 | 547.15 | 526.00 | 0.632 times |
| 11 Mon Nov 2024 | 535.50 | 557.50 | 557.50 | 532.20 | 0.91 times |
| 08 Fri Nov 2024 | 547.35 | 574.00 | 574.00 | 545.75 | 1.073 times |
| 07 Thu Nov 2024 | 564.30 | 569.90 | 592.35 | 560.75 | 1.808 times |
| 06 Wed Nov 2024 | 563.70 | 567.00 | 573.00 | 561.50 | 1.874 times |
| 05 Tue Nov 2024 | 567.80 | 565.70 | 571.00 | 558.45 | 0.762 times |
| 04 Mon Nov 2024 | 560.45 | 573.95 | 575.00 | 555.95 | 1.043 times |
| 01 Fri Nov 2024 | 570.60 | 575.05 | 578.55 | 566.85 | 0.169 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 514.5 as stoploss in an intra day buy trade for a target of 539.08. However, stock will show a bearish move below 514.5.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 475.50 |
| Downside Target | 490.15 |
| Upside Target | 538.00 |
| Upside Target | 558.50 |
| Upside Target | 567.00 |
| Upside Target | 577.00 |
| Upside Target | 581.00 |
| Upside Target | 592.35 |
| Upside Target | 628.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 496.97 |
| Downside Intraday Target | 472.73 |
| Upside Intraday Target | 551.47 |
| Upside Intraday Target | 581.73 |
| Upside Intraday Target | 527.23 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Nov 2024 | 521.20 | 557.50 | 557.50 | 503.00 | 0.413 times |
| 08 Fri Nov 2024 | 547.35 | 573.95 | 592.35 | 545.75 | 0.564 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 |
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 |
| 14 Thu Nov 2024 | 521.20 | 575.05 | 592.35 | 503.00 | 0.36 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 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 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 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 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 gaining 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 but buying is losing 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 550.99 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 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 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 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 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 gaining 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 but buying is losing 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 550.99 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.
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