(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 2024-04-01 View latest technical analysis
10 day averaged volume of Sumichem is 33527
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 362.05 | 353.00 | 362.95 | 350.80 | 0.353 times |
| 28 Thu Mar 2024 | 347.40 | 342.15 | 348.95 | 341.85 | 1.621 times |
| 27 Wed Mar 2024 | 346.00 | 354.00 | 354.00 | 343.80 | 2.009 times |
| 26 Tue Mar 2024 | 349.25 | 360.65 | 364.10 | 346.60 | 1.741 times |
| 22 Fri Mar 2024 | 366.45 | 345.05 | 373.00 | 344.35 | 1.466 times |
| 21 Thu Mar 2024 | 346.40 | 350.00 | 353.70 | 346.00 | 0.631 times |
| 20 Wed Mar 2024 | 347.45 | 342.10 | 349.75 | 342.10 | 0.509 times |
| 19 Tue Mar 2024 | 344.20 | 349.95 | 349.95 | 342.05 | 0.542 times |
| 18 Mon Mar 2024 | 343.05 | 346.15 | 346.20 | 340.50 | 0.654 times |
| 15 Fri Mar 2024 | 344.05 | 347.85 | 347.85 | 339.35 | 0.343 times |
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 366.6 as stoploss in an intra day sell trade for a target of 354.83. However, stock will show a bullish move above 366.6.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 336.40 |
| Downside Target | 350.80 |
| Downside Target | 358.40 |
| Upside Target | 373.00 |
| Upside Target | 379.00 |
| Upside Target | 387.90 |
| Upside Target | 391.05 |
| Upside Target | 392.05 |
| Upside Target | 414.95 |
| Upside Target | 421.35 |
| Upside Target | 431.50 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 354.25 |
| Downside Intraday Target | 346.45 |
| Upside Intraday Target | 366.4 |
| Upside Intraday Target | 370.75 |
| Downside Intraday Target | 358.6 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 362.05 | 353.00 | 362.95 | 350.80 | 0.066 times |
| 28 Thu Mar 2024 | 347.40 | 360.65 | 364.10 | 341.85 | 1.413 times |
| 22 Fri Mar 2024 | 366.45 | 346.15 | 373.00 | 340.50 | 0.867 times |
| 15 Fri Mar 2024 | 344.05 | 360.55 | 360.55 | 336.40 | 1.248 times |
| 07 Thu Mar 2024 | 360.25 | 379.00 | 379.00 | 358.40 | 1.374 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 |
| 01 Mon Apr 2024 | 362.05 | 353.00 | 362.95 | 350.80 | 0.02 times |
| 28 Thu Mar 2024 | 347.40 | 379.00 | 387.90 | 336.40 | 1.418 times |
| 29 Thu Feb 2024 | 374.10 | 414.95 | 414.95 | 370.00 | 0.568 times |
| 31 Wed Jan 2024 | 415.85 | 411.45 | 431.50 | 391.05 | 1.495 times |
Scroll below to view daily charts
Price has moved up 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 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 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 gaining 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 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 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 350.16 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 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 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 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 gaining 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 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 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 350.16 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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