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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 2025-04-16 View latest technical analysis

10 day averaged volume of Sumitomo Chem is 587241

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Apr 2025	556.80	555.00	562.15	548.75	0.664 times
15 Tue Apr 2025	555.25	576.85	576.85	550.25	1.189 times
11 Fri Apr 2025	565.25	570.00	574.00	549.05	0.663 times
09 Wed Apr 2025	558.60	563.40	570.40	554.75	0.533 times
08 Tue Apr 2025	559.75	545.10	567.75	545.10	0.74 times
07 Mon Apr 2025	538.20	502.00	542.40	502.00	0.529 times
04 Fri Apr 2025	560.15	573.95	577.80	550.55	0.663 times
03 Thu Apr 2025	572.90	565.00	579.45	560.05	0.649 times
02 Wed Apr 2025	571.05	553.70	575.80	548.35	1.239 times
01 Tue Apr 2025	552.75	550.05	578.15	549.15	1.628 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 565.3 as stoploss in an intra day sell trade for a target of 541.19. However, stock will show a bullish move above 565.3.

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	446.20
Downside Target	475.70
Downside Target	502.00
Downside Target	520.30
Downside Target	537.90
Upside Target	568.95
Upside Target	572.10
Upside Target	574.00
Upside Target	576.85
Upside Target	579.45

Intraday share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Intraday Target	544.75
Downside Intraday Target	532.7
Upside Intraday Target	572.85
Upside Intraday Target	588.9
Upside Intraday Target	560.8

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Apr 2025	556.80	576.85	576.85	548.75	0.752 times
11 Fri Apr 2025	565.25	502.00	574.00	502.00	0.59 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

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
16 Wed Apr 2025	556.80	550.05	579.45	502.00	0.824 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 down 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sumitomo Chem ( (SUMICHEM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 SELL signal for Sumitomo Chem in short term but the sell signal is initial and weak.

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 moving up

CCI has generated a SELL signal for Sumitomo Chem in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 559.25 and Sumitomo Chem (SUMICHEM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.