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 2025-03-17 View latest technical analysis

10 day averaged volume of Sumitomo Chem is 305320

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	488.65	482.50	490.00	475.70	0.646 times
13 Thu Mar 2025	486.35	491.10	492.00	482.55	0.833 times
12 Wed Mar 2025	493.30	490.10	496.50	484.50	0.479 times
11 Tue Mar 2025	493.45	484.80	497.20	469.75	0.4 times
10 Mon Mar 2025	491.80	494.70	497.00	487.45	0.599 times
07 Fri Mar 2025	491.90	504.60	504.60	489.15	0.484 times
06 Thu Mar 2025	500.15	480.50	504.90	480.50	1.562 times
05 Wed Mar 2025	480.25	471.60	482.90	461.85	1.241 times
04 Tue Mar 2025	472.00	455.00	473.45	453.70	0.868 times
03 Mon Mar 2025	462.70	457.00	466.95	446.20	1.247 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 493.7 as stoploss in an intra day sell trade for a target of 482.53. However, stock will show a bullish move above 493.7.

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	446.20
Downside Target	469.75
Upside Target	490.00
Upside Target	504.65
Upside Target	504.90
Upside Target	508.05
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	479.57
Downside Intraday Target	470.48
Upside Intraday Target	493.87
Upside Intraday Target	499.08
Downside Intraday Target	484.78

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	488.65	482.50	490.00	475.70	0.28 times
13 Thu Mar 2025	486.35	494.70	497.20	469.75	0.428 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

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
17 Mon Mar 2025	488.65	457.00	504.90	446.20	0.328 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 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 484.63 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.