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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 2025-03-05 View latest technical analysis

10 day averaged volume of Sumitomo Chem is 309643

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	480.25	471.60	482.90	461.85	1.224 times
04 Tue Mar 2025	472.00	455.00	473.45	453.70	0.856 times
03 Mon Mar 2025	462.70	457.00	466.95	446.20	1.23 times
28 Fri Feb 2025	460.60	467.50	474.00	452.80	2.255 times
27 Thu Feb 2025	474.60	472.25	482.75	470.15	0.898 times
25 Tue Feb 2025	474.50	478.20	488.90	472.00	0.388 times
24 Mon Feb 2025	483.55	490.25	494.00	481.30	1.233 times
21 Fri Feb 2025	495.50	495.45	504.65	490.35	0.641 times
20 Thu Feb 2025	495.45	489.00	500.00	486.60	1.098 times
19 Wed Feb 2025	484.80	476.35	493.00	471.30	0.892 times

My analysis of stock is bearish for shortterm, and stock might move down till 467.1 or till 442.1. Use a stoploss of 487.96 and if the stock hits stoploss, then it can shoot up till 508.82

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	446.20
Upside Target	482.90
Upside Target	494.00
Upside Target	505.00
Upside Target	508.05
Upside Target	532.55
Upside Target	545.50
Upside Target	549.00
Upside Target	572.10
Upside Target	593.00

Intraday share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Intraday Target	456.67
Downside Intraday Target	433.08
Upside Intraday Target	493.37
Upside Intraday Target	506.48
Downside Intraday Target	469.78

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	480.25	457.00	482.90	446.20	0.693 times
28 Fri Feb 2025	460.60	490.25	494.00	452.80	1.192 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

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 Sumitomo Chem (SUMICHEM)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Mar 2025	480.25	457.00	482.90	446.20	0.132 times
28 Fri Feb 2025	460.60	506.95	549.00	452.80	0.592 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

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 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 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 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 losing momentum.

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

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. 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 moving up

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

RSI is generating a SELL signal in short term but selling 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 Sumitomo Chem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 475.99 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 negative.

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