Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SUMICHEM) Sumitomo Chem complete technical analysis [charts+indicators] | Buy/Sell Sumitomo Chem | (SUMICHEM) share price targets

Complete technical analysis of Sumitomo Chem (SUMICHEM) by charts plus indicators, forecast predictions and share price targets for Sumitomo Chem (SUMICHEM)

10 day averaged volume of Sumitomo Chem is 389389

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	541.00	529.95	545.50	526.30	0.992 times
01 Wed Jan 2025	529.80	533.95	536.00	526.15	0.336 times
31 Tue Dec 2024	532.70	534.60	546.40	526.00	0.933 times
30 Mon Dec 2024	535.75	519.10	552.70	512.00	4.239 times
27 Fri Dec 2024	518.80	528.80	529.50	518.10	0.211 times
26 Thu Dec 2024	526.60	529.90	531.30	516.25	0.439 times
24 Tue Dec 2024	527.15	515.85	536.00	508.05	0.687 times
23 Mon Dec 2024	511.75	530.00	531.00	510.15	0.519 times
20 Fri Dec 2024	525.70	517.50	536.00	508.40	1.654 times
19 Thu Dec 2024	517.65	525.25	527.75	516.00	0.519 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 543.4 as stoploss in an intra day sell trade for a target of 532.63. However, stock will show a bullish move above 543.4.

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	490.35
Downside Target	501.35
Upside Target	543.00
Upside Target	545.50
Upside Target	552.70
Upside Target	554.65
Upside Target	572.10
Upside Target	581.00
Upside Target	593.00
Upside Target	628.30

Intraday share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Intraday Target	517.77
Downside Intraday Target	494.53
Upside Intraday Target	558.47
Upside Intraday Target	575.93
Downside Intraday Target	535.23

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	541.00	519.10	552.70	512.00	3.501 times
27 Fri Dec 2024	518.80	530.00	536.00	508.05	0.472 times
20 Fri Dec 2024	525.70	525.70	543.00	508.40	1.178 times
13 Fri Dec 2024	525.75	552.45	554.65	516.00	0.617 times
06 Fri Dec 2024	549.15	555.95	572.10	541.00	0.699 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	541.00	533.95	545.50	526.15	0.067 times
31 Tue Dec 2024	532.70	555.95	572.10	508.05	0.889 times
29 Fri Nov 2024	551.65	578.90	593.00	503.00	0.639 times
31 Thu Oct 2024	573.30	557.90	581.00	490.35	0.466 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 Sumitomo Chem (SUMICHEM)

Price action analysis of Sumitomo Chem ( (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 Sumitomo Chem ( (SUMICHEM) ) based on a short to mid 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 Sumitomo Chem ( (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 Sumitomo Chem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sumitomo Chem 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.

Sumitomo Chem 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. 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 moving up

CCI has generated a buy signal for Sumitomo Chem 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 positive zone. This is a BUY zone

Stock of Sumitomo Chem is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 530.85 and Sumitomo Chem (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 Sumitomo Chem (SUMICHEM) stock. Volume based technical analysis of Sumitomo Chem (SUMICHEM) stock is negative.

Sumitomo Chem 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.