Overall Technical outlook

Price Summary

The stock of SUMICHEM slumped -3.86% today, reflecting a unimpressive market performance.
On 2026-04-30, Sumitomo Chemical India Limited's stock opened at 436.0, spiked to 436.0, declined to 416.1, and closed -3.86% lower at 419.15, with 223278 shares traded.
The stock reached its highest price of 652.25 and lowest price of 364.45 over the last 52 weeks.
Based on recommendations from 7 analysts, the future price of SUMICHEM is expected to range from 435.0 to 575.0, with an average price expectation around 523.5714.

Technicals

Support and Resistance: The price for SUMICHEM at 419.15 finds support at 404.6 and resistance at 422.4. This suggests a trading range, where 404.6 serves as a support level and 422.4 acts as a resistance point, potentially capping further gains.
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Support/Resistance for SUMICHEM


Aroon: The current state of the AROON is neutral for SUMICHEM, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Aroon chart for Sumitomo Chemical India Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position for Sumitomo Chemical India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Bolinger Bands chart for Sumitomo Chemical India Limited


Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term.
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Parabolic Stop and Reverse chart for Sumitomo Chemical India Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Stochastic chart for Sumitomo Chemical India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Tripple SMA chart for Sumitomo Chemical India Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.