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)

10 day averaged volume of Sumitomo Chem is 222035

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed May 2025	534.70	539.20	544.00	531.25	0.986 times
20 Tue May 2025	539.15	532.15	549.30	529.95	2.125 times
19 Mon May 2025	532.15	541.45	542.00	526.70	0.814 times
16 Fri May 2025	538.45	522.00	542.80	520.20	1.87 times
15 Thu May 2025	521.40	526.05	530.20	518.10	0.567 times
14 Wed May 2025	526.05	524.00	531.80	521.10	0.619 times
13 Tue May 2025	523.30	523.85	524.90	515.05	0.637 times
12 Mon May 2025	519.20	516.00	522.40	516.00	0.819 times
09 Fri May 2025	501.20	495.05	507.25	495.05	0.661 times
08 Thu May 2025	507.55	517.55	522.20	503.10	0.763 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 534.6, but if it comes below 534.6, then a intra day sell could be more profitable.
If you take a sell trade below 534.6, then use 534.6 as stoploss and 521.08 as target. However if you take a buy trade in stock , then use 534.6 as stoploss and 550.9 as target.

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	524.5
Downside Intraday Target	514.3
Upside Intraday Target	547.1
Upside Intraday Target	559.5
Upside Intraday Target	536.9

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed May 2025	534.70	541.45	549.30	526.70	0.87 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
21 Wed May 2025	534.70	510.00	549.30	495.05	0.361 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 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 Strong 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 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 green color and prices are above the green 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 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 528.48 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.