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Stock analysis Sumitomo Chem India Ltd SUMICHEM

More indepth analysis on MunafaSutra.com

Moving Averages for Sumitomo Chem India Ltd

  • 5Day Average: 557.75
  • 12Day Average: 558.58
  • 20Day Average: 544.4
  • 50Day Average: 512.92
  • 100Day Average: 515.67
  • 150Day Average: 527.12
  • 200Day Average: 524.95

SUMICHEM Indicators & signals

Indicator MACD (12,26,9)

551.89, 537.17, 15.71
Indicator MACD is in positive zone

Indicator ADX (14)

8.52, 23.25, 19.6
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SUMICHEM Sumitomo Chem India Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Thu Apr 2025 552.85 550.55 to 565.90 -0.71% 0.5 times
16 Wed Apr 2025 556.80 548.75 to 562.15 0.28% 0.78 times
15 Tue Apr 2025 555.25 550.25 to 576.85 -1.77% 1.4 times
11 Fri Apr 2025 565.25 549.05 to 574.00 1.19% 0.78 times
09 Wed Apr 2025 558.60 554.75 to 570.40 -0.21% 0.63 times
08 Tue Apr 2025 559.75 545.10 to 567.75 4% 0.87 times
07 Mon Apr 2025 538.20 502.00 to 542.40 -3.92% 0.62 times
04 Fri Apr 2025 560.15 550.55 to 577.80 -2.23% 0.78 times
03 Thu Apr 2025 572.90 560.05 to 579.45 0.32% 0.76 times
02 Wed Apr 2025 571.05 548.35 to 575.80 3.31% 1.46 times
01 Tue Apr 2025 552.75 549.15 to 578.15 -1.18% 1.92 times
28 Fri Mar 2025 559.35 528.45 to 568.95 5.47% 2.55 times

Technical analysis forecast of Sumitomo Chem India Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Sumitomo Chem India Ltd SUMICHEM at this time. Stock is rising and might rise more.

It appears as if Sumitomo Chem India Ltd SUMICHEM gave a large move recently.

Stock of Sumitomo Chem India Ltd (SUMICHEM) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Sumitomo Chem India Ltd is bullish for shortterm, and stock might move up till 563.9 or till 589. Use a stoploss of 543.01 and if this stock hits its stoploss, then it can fall down till 522.09

More indepth analysis on MunafaSutra.com