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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 2025-05-12 View latest technical analysis

10 day averaged volume of Sumitomo Chem is 320803

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon May 2025	519.20	516.00	522.40	516.00	0.567 times
09 Fri May 2025	501.20	495.05	507.25	495.05	0.458 times
08 Thu May 2025	507.55	517.55	522.20	503.10	0.528 times
07 Wed May 2025	517.55	495.05	519.95	495.05	0.778 times
06 Tue May 2025	501.45	509.50	524.65	499.10	0.96 times
05 Mon May 2025	514.20	527.20	528.85	513.00	0.463 times
02 Fri May 2025	524.45	510.00	529.45	509.50	1.122 times
30 Wed Apr 2025	508.60	503.00	514.60	496.35	1.764 times
29 Tue Apr 2025	504.80	513.70	520.30	502.20	1.284 times
28 Mon Apr 2025	510.05	506.50	524.75	506.50	1.176 times

My analysis of stock is bearish for shortterm, and stock might move down till 507.8 or till 480.9. Use a stoploss of 530.13 and if the stock hits stoploss, then it can shoot up till 552.5

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	446.20
Downside Target	495.05
Downside Target	510.80
Upside Target	529.45
Upside Target	545.50
Upside Target	548.75
Upside Target	549.00
Upside Target	568.95
Upside Target	572.00
Upside Target	576.85
Upside Target	579.45

Intraday share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Intraday Target	516
Downside Intraday Target	512.8
Upside Intraday Target	522.4
Upside Intraday Target	525.6
Downside Intraday Target	519.2

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon May 2025	519.20	516.00	522.40	516.00	0.178 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
17 Thu Apr 2025	552.85	576.85	576.85	548.75	0.926 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
12 Mon May 2025	519.20	510.00	529.45	495.05	0.174 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sumitomo Chem in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 negative zone. This is the SELL 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 510.73 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.