Overall Technical outlook

Price Summary

Sumitomo Chemical India Limited's stock dived -3.85% today, marking a lousy performance in the market.
On 2025-04-25, Sumitomo Chemical India Limited's stock opened at 533.35, reached a high of 536.2, dropped to a low of 510.8, and closed lower -3.85% at 512.8, with a trading volume of 469100 shares.
The stock's highest value over the last 52 weeks is 613.5, and the lowest value is 384.55.
The future price of SUMICHEM is anticipated to range from 530.0 to 659.0, with an expected mean price of 586.6667, according to the recommendations of 6 analysts.

Technicals

Support and Resistance: The price sits at 512.8, supported by 495.5 and resisted by 520.9. This indicates a trading range where 495.5 provides a floor, preventing declines, and 520.9 acts as a ceiling, limiting further price increases for SUMICHEM.
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Support/Resistance for SUMICHEM


Aroon: The AROON 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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Aroon chart for Sumitomo Chemical India Limited


Bol. Bands: The price for SUMICHEM has recently fallen below the lower Bollinger Band, suggesting that the market may be in an oversold state. This downward movement could imply that the selling pressure has intensified, leading to a possible continuation of the bearish trend. However, such a move also raises the possibility of a reversal, as prices below the lower band often attract buying interest from traders.
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Bolinger Bands chart for Sumitomo Chemical India Limited


Parabolic SAR: The PSAR has just shifted from bullish to bearish, hinting at a potential market decline. If this reversal is supported by other trends, it could be a very bearish signal for SUMICHEM. Investors should be vigilant and seek further confirmation before taking action.
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Parabolic Stop and Reverse chart for Sumitomo Chemical India Limited


Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Stochastic chart for Sumitomo Chemical India Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Tripple SMA chart for Sumitomo Chemical India Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.