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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 2025-03-18 View latest technical analysis

10 day averaged volume of Sumitomo Chem is 255224

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Mar 2025	488.95	490.00	495.85	481.95	1.26 times
17 Mon Mar 2025	488.65	482.50	490.00	475.70	0.773 times
13 Thu Mar 2025	486.35	491.10	492.00	482.55	0.996 times
12 Wed Mar 2025	493.30	490.10	496.50	484.50	0.574 times
11 Tue Mar 2025	493.45	484.80	497.20	469.75	0.478 times
10 Mon Mar 2025	491.80	494.70	497.00	487.45	0.717 times
07 Fri Mar 2025	491.90	504.60	504.60	489.15	0.579 times
06 Thu Mar 2025	500.15	480.50	504.90	480.50	1.868 times
05 Wed Mar 2025	480.25	471.60	482.90	461.85	1.485 times
04 Tue Mar 2025	472.00	455.00	473.45	453.70	1.038 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 494.3 as stoploss in an intra day sell trade for a target of 483.43. However, stock will show a bullish move above 494.3.

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	446.20
Downside Target	469.75
Upside Target	494.00
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	477.82
Downside Intraday Target	466.68
Upside Intraday Target	497.97
Upside Intraday Target	506.98
Downside Intraday Target	486.83

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Mar 2025	488.95	482.50	495.85	475.70	0.735 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
18 Tue Mar 2025	488.95	457.00	504.90	446.20	0.369 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 to mid 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 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 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 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 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 buy signal for Sumitomo Chem in short term and BUY 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 488.54 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.