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 2025-05-27 View latest technical analysis

10 day averaged volume of Sumitomo Chem is 221262

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue May 2025	503.20	523.00	528.45	501.10	5.298 times
26 Mon May 2025	534.05	530.10	537.80	523.45	1.251 times
23 Fri May 2025	531.40	533.00	536.15	528.20	0.565 times
22 Thu May 2025	531.55	533.00	538.35	528.80	0.539 times
21 Wed May 2025	534.70	539.20	544.00	531.25	0.989 times
20 Tue May 2025	539.15	532.15	549.30	529.95	2.133 times
19 Mon May 2025	532.15	541.45	542.00	526.70	0.817 times
16 Fri May 2025	538.45	522.00	542.80	520.20	1.876 times
15 Thu May 2025	521.40	526.05	530.20	518.10	0.569 times
14 Wed May 2025	526.05	524.00	531.80	521.10	0.621 times

Stock of Sumitomo Chem (SUMICHEM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 508.2, but if it comes above 508.2, then a intra day buy could be more profitable.
If you take a sell trade below 508.2, then use 508.2 as stoploss and 493.2 as target. However if you take a buy trade in stock , then use 508.2 as stoploss and 520.72 as target.

Share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Target	446.20
Downside Target	495.05
Upside Target	515.05
Upside Target	526.70
Upside Target	537.80
Upside Target	542.80
Upside Target	545.50
Upside Target	549.00
Upside Target	549.30
Upside Target	568.95
Upside Target	579.45

Intraday share price targets for Sumitomo Chem (SUMICHEM)

Target Type	Value
Downside Intraday Target	490.27
Downside Intraday Target	477.33
Upside Intraday Target	526.97
Upside Intraday Target	550.73
Upside Intraday Target	514.03

Weekly technical analysis of Sumitomo Chem (SUMICHEM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue May 2025	503.20	530.10	537.80	501.10	1.299 times
23 Fri May 2025	531.40	541.45	549.30	526.70	1.114 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

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
27 Tue May 2025	503.20	510.00	549.30	495.05	0.549 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 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 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 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 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 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 but the sell signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term and selling is picking up 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 523.12 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 negative.

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