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(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)

Showing technical analysis as on 2025-02-14 View latest technical analysis

10 day averaged volume of Sumitomo Chem is 494129

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	470.95	484.25	486.55	464.05	0.693 times
13 Thu Feb 2025	483.70	482.00	496.85	480.10	2.815 times
12 Wed Feb 2025	482.85	492.35	492.35	477.00	0.747 times
11 Tue Feb 2025	492.35	503.80	505.90	488.35	0.398 times
10 Mon Feb 2025	502.95	528.00	532.55	499.95	0.996 times
07 Fri Feb 2025	533.10	535.45	537.55	523.95	0.507 times
06 Thu Feb 2025	535.45	524.95	549.00	523.35	2.143 times
05 Wed Feb 2025	523.90	525.25	530.00	514.50	0.587 times
04 Tue Feb 2025	524.10	520.95	529.00	516.00	0.793 times
03 Mon Feb 2025	517.50	506.95	522.80	505.00	0.581 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 483.2, but if it comes above 483.2, then a intra day buy could be more profitable.
If you take a sell trade below 483.2, then use 483.2 as stoploss and 461 as target. However if you take a buy trade in stock , then use 483.2 as stoploss and 501.82 as target.

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	457.40
Upside Target	474.70
Upside Target	490.35
Upside Target	530.00
Upside Target	532.55
Upside Target	545.50
Upside Target	549.00
Upside Target	572.10
Upside Target	581.00
Upside Target	593.00

Intraday share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Intraday Target	445.82
Downside Intraday Target	420.68
Upside Intraday Target	514.32
Upside Intraday Target	557.68
Upside Intraday Target	489.18

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	470.95	528.00	532.55	464.05	1.225 times
07 Fri Feb 2025	533.10	506.95	549.00	505.00	0.333 times
31 Fri Jan 2025	511.70	482.70	530.00	459.35	4.467 times
24 Fri Jan 2025	484.70	491.15	503.90	474.70	0.631 times
17 Fri Jan 2025	495.00	472.00	499.60	457.40	1.467 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 Sumitomo Chem (SUMICHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	470.95	506.95	549.00	464.05	0.385 times
31 Fri Jan 2025	511.70	533.95	545.50	457.40	1.714 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

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 Sumitomo Chem (SUMICHEM)

Price action analysis of Sumitomo Chem ( (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 Sumitomo Chem ( (SUMICHEM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sumitomo Chem in short term and the sell signal is strong.

Sumitomo Chem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Sumitomo Chem in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 505.57 and Sumitomo Chem (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 Sumitomo Chem (SUMICHEM) stock. Volume based technical analysis of Sumitomo Chem (SUMICHEM) stock is negative.

Sumitomo Chem 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.