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 of Sumitomo Chem 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 SUMICHEM at this time. Stock is rising and might rise more.

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

Stock of Sumitomo Chem (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 is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 409.5 as stoploss in an intra day sell trade for a target of 389.79. However, stock will show a bullish move above 409.5.

SUMICHEM Sumitomo Chem is falling or rising NEWS fundamental reasons

Company Announcement Sumitomo Chemical India Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-04-26

Company Announcement - NEWS as on 2024-04-25

Company Announcement Sumitomo Chemical India Limited has informed the Exchange regarding 'Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015.'. - NEWS as on 2024-04-16

Company Announcement Sumitomo Chemical India Limited has informed the Exchange about Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended 31st March, 2024. - NEWS as on 2024-04-08

Company Announcement The Exchange has sought clarification from Sumitomo Chemical India Limited for the quarter ended 31-Dec-2023 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. - NEWS as on 2024-03-14

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 2024-02-22

Company Announcement Sumitomo Chemical India Limited has informed the Exchange about Investor Presentation - NEWS as on 2024-02-02

Company Announcement Sumitomo Chemical India Limited has informed the Exchange regarding 'Update on Glyphosate matter - Delhi High Court Order on Government Notification restricting use of Glyphosate '. - NEWS as on 2024-01-31

More announcements and NEWS

SUMICHEM Sumitomo Chem India Ltd current price & indicator signals

Moving Averages for Sumitomo Chem India Ltd

  • 5Day Average: 404.3
  • 12Day Average: 399.68
  • 20Day Average: 386.04
  • 50Day Average: 373.61
  • 100Day Average: 389.1
  • 150Day Average: 393.57
  • 200Day Average: 400.14

SUMICHEM Indicators & signals

Indicator MACD (12,26,9)

396.91, 386.33, 8.85
Indicator MACD is in positive zone

Indicator ADX (14)

43.03, 29.84, 11.89
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 62
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
26 Fri Apr 2024 404.25 402.25 to 411.15 -0.69% 0.7 times
25 Thu Apr 2024 407.05 399.35 to 409.50 1.84% 0.62 times
24 Wed Apr 2024 399.70 398.10 to 406.30 -0.65% 0.36 times
23 Tue Apr 2024 402.30 401.55 to 412.00 -1.45% 0.56 times
22 Mon Apr 2024 408.20 404.75 to 413.50 1.71% 0.99 times
19 Fri Apr 2024 401.35 390.30 to 411.00 0.38% 1.18 times
18 Thu Apr 2024 399.85 390.15 to 404.35 2.74% 0.71 times
16 Tue Apr 2024 389.20 388.00 to 395.05 -0.54% 0.33 times
15 Mon Apr 2024 391.30 387.05 to 401.10 -2.94% 1 times
12 Fri Apr 2024 403.15 400.15 to 408.90 -0.3% 1.43 times
10 Wed Apr 2024 404.35 382.25 to 414.40 4.9% 2.82 times
09 Tue Apr 2024 385.45 383.10 to 391.90 -1.33% 0.4 times

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

 

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