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)

Showing technical analysis as on 2025-02-24 View latest technical analysis

10 day averaged volume of Sumitomo Chem is 403154

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	483.55	490.25	494.00	481.30	0.947 times
21 Fri Feb 2025	495.50	495.45	504.65	490.35	0.492 times
20 Thu Feb 2025	495.45	489.00	500.00	486.60	0.843 times
19 Wed Feb 2025	484.80	476.35	493.00	471.30	0.685 times
18 Tue Feb 2025	476.35	469.90	480.00	465.10	0.392 times
17 Mon Feb 2025	473.65	472.35	477.50	456.05	0.664 times
14 Fri Feb 2025	470.95	484.25	486.55	464.05	0.849 times
13 Thu Feb 2025	483.70	482.00	496.85	480.10	3.45 times
12 Wed Feb 2025	482.85	492.35	492.35	477.00	0.916 times
11 Tue Feb 2025	492.35	503.80	505.90	488.35	0.488 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 480.9 as stoploss in an intra day buy trade for a target of 500.37. However, stock will show a bearish move below 480.9.

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	456.05
Downside Target	481.30
Upside Target	508.05
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	478.57
Downside Intraday Target	473.58
Upside Intraday Target	491.27
Upside Intraday Target	498.98
Upside Intraday Target	486.28

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	483.55	490.25	494.00	481.30	0.308 times
21 Fri Feb 2025	495.50	472.35	504.65	456.05	0.444 times
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

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
24 Mon Feb 2025	483.55	506.95	549.00	456.05	0.509 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 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 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 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 Weak 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 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 below the red cloud Prices appear to be coming down

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

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 483.64 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.