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 2025-04-08 View latest technical analysis

10 day averaged volume of Sumitomo Chem is 496125

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	559.75	545.10	567.75	545.10	0.876 times
07 Mon Apr 2025	538.20	502.00	542.40	502.00	0.626 times
04 Fri Apr 2025	560.15	573.95	577.80	550.55	0.785 times
03 Thu Apr 2025	572.90	565.00	579.45	560.05	0.769 times
02 Wed Apr 2025	571.05	553.70	575.80	548.35	1.466 times
01 Tue Apr 2025	552.75	550.05	578.15	549.15	1.927 times
28 Fri Mar 2025	559.35	530.00	568.95	528.45	2.566 times
27 Thu Mar 2025	530.35	533.05	535.00	526.90	0.344 times
26 Wed Mar 2025	534.10	527.00	537.00	522.30	0.306 times
25 Tue Mar 2025	526.65	536.00	540.00	520.30	0.706 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 556.5, but if it comes below 556.5, then a intra day sell could be more profitable.
If you take a sell trade below 556.5, then use 556.5 as stoploss and 527.64 as target. However if you take a buy trade in stock , then use 556.5 as stoploss and 591 as target.

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	446.20
Downside Target	469.75
Downside Target	497.20
Downside Target	520.30
Downside Target	537.90
Downside Target	549.00
Upside Target	567.75
Upside Target	568.95
Upside Target	572.10
Upside Target	579.45

Intraday share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Intraday Target	518.58
Downside Intraday Target	477.42
Upside Intraday Target	584.33
Upside Intraday Target	608.92
Downside Intraday Target	543.17

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	559.75	502.00	567.75	502.00	0.304 times
04 Fri Apr 2025	560.15	550.05	579.45	548.35	1.117 times
28 Fri Mar 2025	559.35	529.25	568.95	520.30	1.462 times
21 Fri Mar 2025	535.05	482.50	537.90	475.70	2.128 times
13 Thu Mar 2025	486.35	494.70	497.20	469.75	0.428 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
08 Tue Apr 2025	559.75	550.05	579.45	502.00	0.528 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
31 Fri Jan 2025	511.70	533.95	545.50	457.40	1.714 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 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 green color and prices are above the green 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 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 555.67 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 positive

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