Technicals for Sumitomo Chemical India Limited

Price Summary

The stock of SUMICHEM increased 2.33% today, reflecting a robust market performance.
On 2026-07-01, Sumitomo Chemical India Limited's stock opened at 425.2, reached a high of 440.4, dropped to a low of 424.15, and closed higher 2.33% at 435.1, with a trading volume of 447938 shares.
Over the past year, the stock's highest price was 652.25, and its lowest was 364.45.

Technicals

Support and Resistance: The price of 435.1 is supported at 422.4 and faces resistance at 444.85. This range suggests key levels for SUMICHEM where the price may stabilize, with 422.4 acting as a support and 444.85 as a cap on gains.


Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.


Parabolic SAR: The PSAR continues its bearish trend for Sumitomo Chemical India Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment.


Stochastic: The stochastic indicator shows the K-line rising above the D-line while staying below 20, often considered the start of a bullish move. This setup suggests that the market may be in the early stages of a recovery, potentially leading to an uptrend for SUMICHEM. Traders could view this as an indication of potential gains.


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Sumitomo Chemical India Limited. This suggests a period of market balance, where neither side is showing dominance.


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.