(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 2024-04-15 View latest technical analysis
10 day averaged volume of Sumichem is 35997
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 391.45 | 375.05 | 401.00 | 375.05 | 1.586 times |
| 12 Fri Apr 2024 | 403.90 | 404.95 | 408.45 | 400.40 | 0.905 times |
| 10 Wed Apr 2024 | 404.15 | 385.45 | 414.50 | 382.40 | 3.634 times |
| 09 Tue Apr 2024 | 385.45 | 390.25 | 391.00 | 383.95 | 0.592 times |
| 08 Mon Apr 2024 | 390.75 | 384.85 | 393.00 | 377.15 | 0.588 times |
| 05 Fri Apr 2024 | 379.85 | 366.75 | 382.40 | 365.20 | 0.643 times |
| 04 Thu Apr 2024 | 365.35 | 370.15 | 375.15 | 364.05 | 0.808 times |
| 03 Wed Apr 2024 | 371.70 | 362.05 | 374.10 | 359.05 | 0.452 times |
| 02 Tue Apr 2024 | 360.70 | 363.55 | 365.00 | 359.00 | 0.54 times |
| 01 Mon Apr 2024 | 362.05 | 353.00 | 362.95 | 350.80 | 0.329 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 385.3, but if it comes below 385.3, then a intra day sell could be more profitable.
If you take a sell trade below 385.3, then use 385.3 as stoploss and 364.69 as target. However if you take a buy trade in stock , then use 385.3 as stoploss and 410 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 336.40 |
| Downside Target | 350.80 |
| Downside Target | 364.10 |
| Downside Target | 391.05 |
| Upside Target | 392.05 |
| Upside Target | 401.00 |
| Upside Target | 414.50 |
| 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 | 377.33 |
| Downside Intraday Target | 363.22 |
| Upside Intraday Target | 403.28 |
| Upside Intraday Target | 415.12 |
| Downside Intraday Target | 389.17 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 391.45 | 375.05 | 401.00 | 375.05 | 0.277 times |
| 12 Fri Apr 2024 | 403.90 | 384.85 | 414.50 | 377.15 | 2.063 times |
| 05 Fri Apr 2024 | 379.85 | 353.00 | 382.40 | 350.80 | 0.554 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 |
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 |
| 15 Mon Apr 2024 | 391.45 | 353.00 | 414.50 | 350.80 | 0.617 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 green color and prices are above the green 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 BUY signal in short term but buying 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 390.43 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 green color and prices are above the green 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 BUY signal in short term but buying 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 390.43 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.
Click here for Sumichem charts
Click here for further forecast and predictions for tomorrow