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(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 2025-01-31 View latest technical analysis

10 day averaged volume of Sumichem is 62694

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	511.85	519.50	526.55	509.10	0.282 times
30 Thu Jan 2025	519.50	505.00	529.85	505.00	0.423 times
29 Wed Jan 2025	502.40	498.55	509.00	492.35	0.196 times
28 Tue Jan 2025	496.65	492.55	508.00	485.00	0.349 times
27 Mon Jan 2025	505.70	475.20	516.70	460.00	1.264 times
24 Fri Jan 2025	485.20	472.35	500.05	472.35	0.235 times
23 Thu Jan 2025	481.65	479.00	491.65	475.40	0.159 times
22 Wed Jan 2025	478.10	499.00	499.00	475.35	0.111 times
21 Tue Jan 2025	490.80	498.70	503.80	488.65	0.196 times
20 Mon Jan 2025	496.30	493.25	497.50	489.20	6.648 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 510.7, but if it comes below 510.7, then a intra day sell could be more profitable.
If you take a sell trade below 510.7, then use 510.7 as stoploss and 494.35 as target. However if you take a buy trade in stock , then use 510.7 as stoploss and 530.4 as target.

Share price targets for Sumichem (Sumichem)

Target Type	Value
Downside Target	457.65
Downside Target	472.35
Downside Target	490.15
Downside Target	500.00
Upside Target	529.85
Upside Target	535.00
Upside Target	545.00
Upside Target	552.00
Upside Target	572.05
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	471.28
Downside Intraday Target	430.72
Upside Intraday Target	541.13
Upside Intraday Target	570.42
Downside Intraday Target	500.57

Weekly technical analysis of Sumichem (Sumichem)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	511.85	475.20	529.85	460.00	0.342 times
24 Fri Jan 2025	485.20	493.25	503.80	472.35	3.453 times
17 Fri Jan 2025	494.75	469.20	500.00	457.65	1.275 times
10 Fri Jan 2025	476.35	535.00	535.00	474.30	1.091 times
03 Fri Jan 2025	537.25	527.00	552.00	512.45	1.716 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
31 Fri Jan 2025	511.85	522.05	545.00	457.65	2.064 times
31 Tue Dec 2024	532.25	555.00	572.05	507.70	0.945 times
29 Fri Nov 2024	551.15	575.05	592.35	503.00	0.612 times
31 Thu Oct 2024	573.20	551.00	581.00	490.15	0.709 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sumichem (Sumichem)

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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Sumichem stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sumichem in short term but the buy signal is initial and weak.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sumichem in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sumichem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 498.26 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.