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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 2025-05-07 View latest technical analysis

10 day averaged volume of Sumitomo Chem is 435075

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed May 2025	517.55	495.05	519.95	495.05	0.574 times
06 Tue May 2025	501.45	509.50	524.65	499.10	0.708 times
05 Mon May 2025	514.20	527.20	528.85	513.00	0.341 times
02 Fri May 2025	524.45	510.00	529.45	509.50	0.827 times
30 Wed Apr 2025	508.60	503.00	514.60	496.35	1.301 times
29 Tue Apr 2025	504.80	513.70	520.30	502.20	0.947 times
28 Mon Apr 2025	510.05	506.50	524.75	506.50	0.867 times
25 Fri Apr 2025	512.80	533.35	536.20	510.80	1.081 times
24 Thu Apr 2025	533.35	548.00	548.55	529.35	1.313 times
23 Wed Apr 2025	551.15	561.90	563.05	549.30	0.687 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 514.8 as stoploss in an intra day buy trade for a target of 536.63. However, stock will show a bearish move below 514.8.

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	446.20
Downside Target	495.05
Upside Target	528.85
Upside Target	545.50
Upside Target	548.75
Upside Target	549.00
Upside Target	568.95
Upside Target	572.00
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	498.78
Downside Intraday Target	480.02
Upside Intraday Target	532.58
Upside Intraday Target	547.62
Downside Intraday Target	513.82

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed May 2025	517.55	527.20	528.85	495.05	0.412 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
11 Fri Apr 2025	565.25	502.00	574.00	502.00	0.59 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
07 Wed May 2025	517.55	510.00	529.45	495.05	0.118 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Sumitomo Chem in short term and the sell signal is strong.

Sumitomo Chem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 517.74 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.