SUMICHEM NEWS why is Sumitomo Chem India Ltd price falling or rising

SUMICHEM NEWS reasons for why stock price of Sumitomo Chem India Ltd is falling or rising

SUMICHEM Sumitomo Chem is falling or rising technical reasons

Technical analysis forecast for Sumitomo Chem Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Sumitomo Chem SUMICHEM at this time. Stock is falling and might fall more.

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

Stock of Sumitomo Chem (SUMICHEM) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Sumitomo Chem is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 507.9 as stoploss in an intra day buy trade for a target of 532.81. However, stock will show a bearish move below 507.9.

SUMICHEM Sumitomo Chem is falling or rising NEWS fundamental reasons

Company Announcement Sumitomo Chemical India Limited has informed the Exchange about Issue of Duplicate Share Certificate - NEWS as on 2024-11-21

Company Announcement - NEWS as on 2024-11-18

Company Announcement Sumitomo Chemical India Limited has informed the Exchange about Schedule of meet - NEWS as on 2024-11-12

Company Announcement Sumitomo Chemical India Limited has informed the Exchange about Transcript - NEWS as on 2024-11-06

Company Announcement Sumitomo Chemical India Limited has informed the Exchange about Link of Recording - NEWS as on 2024-10-30

Company Announcement Sumitomo Chemical India Limited has informed the Exchange regarding 'Investor Presentation for the quarter and half year ended 30.09.2024'. - NEWS as on 2024-10-29

Board Meeting to discuss Financial Results To consider inter-alia the Standalone and Consolidated Unaudited Financial Results for the quarter and half-year ended 30th September, 2024. - NEWS as on 2024-10-08

Company Announcement Sumitomo Chemical India Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'. - NEWS as on 2024-08-29

More announcements and NEWS

SUMICHEM Sumitomo Chem India Ltd current price & indicator signals

Moving Averages for Sumitomo Chem India Ltd

  • 5Day Average: 515.98
  • 12Day Average: 533.15
  • 20Day Average: 537.29
  • 50Day Average: 550.03
  • 100Day Average: 534.23
  • 150Day Average: 505.2
  • 200Day Average: 472.01

SUMICHEM Indicators & signals

Indicator MACD (12,26,9)

526.87, 535.41, -4.64
Indicator MACD is in negative zone

Indicator ADX (14)

27.27, 14.71, 25.75
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
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
22 Fri Nov 2024 514.80 510.25 to 517.70 1.02% 0.33 times
21 Thu Nov 2024 509.60 508.05 to 520.00 -1.68% 0.52 times
19 Tue Nov 2024 518.30 515.00 to 529.80 0.39% 0.74 times
18 Mon Nov 2024 516.30 510.55 to 528.40 -0.88% 0.59 times
14 Thu Nov 2024 520.90 503.00 to 530.00 1.99% 0.82 times
13 Wed Nov 2024 510.75 508.15 to 527.70 -3.37% 0.57 times
12 Tue Nov 2024 528.55 527.05 to 546.65 -1.25% 0.75 times
11 Mon Nov 2024 535.25 531.20 to 550.65 -2.31% 0.76 times
08 Fri Nov 2024 547.90 545.10 to 566.45 -2.91% 0.99 times
07 Thu Nov 2024 564.35 560.30 to 593.00 0.03% 3.37 times
06 Wed Nov 2024 564.20 561.30 to 573.45 -0.47% 0.88 times
05 Tue Nov 2024 566.85 558.05 to 571.85 1.11% 0.91 times

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