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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 2025-03-11 View latest technical analysis

10 day averaged volume of Sumitomo Chem is 331044

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Mar 2025	493.45	484.80	497.20	469.75	0.369 times
10 Mon Mar 2025	491.80	494.70	497.00	487.45	0.553 times
07 Fri Mar 2025	491.90	504.60	504.60	489.15	0.446 times
06 Thu Mar 2025	500.15	480.50	504.90	480.50	1.44 times
05 Wed Mar 2025	480.25	471.60	482.90	461.85	1.145 times
04 Tue Mar 2025	472.00	455.00	473.45	453.70	0.8 times
03 Mon Mar 2025	462.70	457.00	466.95	446.20	1.15 times
28 Fri Feb 2025	460.60	467.50	474.00	452.80	2.109 times
27 Thu Feb 2025	474.60	472.25	482.75	470.15	0.84 times
25 Tue Feb 2025	474.50	478.20	488.90	472.00	0.363 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 493, but if it comes below 493, then a intra day sell could be more profitable.
If you take a sell trade below 493, then use 493 as stoploss and 482.06 as target. However if you take a buy trade in stock , then use 493 as stoploss and 506.2 as target.

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	446.20
Upside Target	494.00
Upside Target	504.65
Upside Target	504.90
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	476.4
Downside Intraday Target	459.35
Upside Intraday Target	503.85
Upside Intraday Target	514.25
Downside Intraday Target	486.8

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Mar 2025	493.45	494.70	497.20	469.75	0.185 times
07 Fri Mar 2025	491.90	457.00	504.90	446.20	1.116 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

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
11 Tue Mar 2025	493.45	457.00	504.90	446.20	0.251 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 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 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 red color and prices are in or above the red cloud Prices appear to be moving up

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 477 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 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 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.