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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)

10 day averaged volume of Sumitomo Chem is 213940

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri May 2025	531.40	533.00	536.15	528.20	0.584 times
22 Thu May 2025	531.55	533.00	538.35	528.80	0.558 times
21 Wed May 2025	534.70	539.20	544.00	531.25	1.023 times
20 Tue May 2025	539.15	532.15	549.30	529.95	2.206 times
19 Mon May 2025	532.15	541.45	542.00	526.70	0.845 times
16 Fri May 2025	538.45	522.00	542.80	520.20	1.94 times
15 Thu May 2025	521.40	526.05	530.20	518.10	0.588 times
14 Wed May 2025	526.05	524.00	531.80	521.10	0.643 times
13 Tue May 2025	523.30	523.85	524.90	515.05	0.661 times
12 Mon May 2025	519.20	516.00	522.40	516.00	0.85 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 531.8 as stoploss in an intra day sell trade for a target of 520. However, stock will show a bullish move above 531.8.

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	446.20
Downside Target	495.05
Downside Target	510.80
Downside Target	526.70
Upside Target	542.80
Upside Target	545.50
Upside Target	549.00
Upside Target	549.30
Upside Target	568.95
Upside Target	572.00
Upside Target	579.45

Intraday share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Intraday Target	522.3
Downside Intraday Target	513.2
Upside Intraday Target	544.9
Upside Intraday Target	558.4
Upside Intraday Target	535.8

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri May 2025	531.40	541.45	549.30	526.70	1.114 times
16 Fri May 2025	538.45	516.00	542.80	515.05	0.98 times
09 Fri May 2025	501.20	527.20	528.85	495.05	0.596 times
02 Fri May 2025	524.45	506.50	529.45	496.35	0.71 times
25 Fri Apr 2025	512.80	552.85	572.00	510.80	1.804 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
23 Fri May 2025	531.40	510.00	549.30	495.05	0.388 times
30 Wed Apr 2025	508.60	550.05	579.45	496.35	1.489 times
28 Fri Mar 2025	559.35	457.00	568.95	446.20	0.777 times
28 Fri Feb 2025	460.60	506.95	549.00	452.80	0.592 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sumitomo Chem stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sumitomo Chem in short term and the buy 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. 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 coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 532.39 and Sumitomo Chem (SUMICHEM) stock is trading below this level. This means that stock is falling with high volumes. 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.