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Technicals for Sumitomo Chemical India Limited
By MusingTheNews
2025-08-13 20:58
Overall Technical outlook
Price Summary
Sumitomo Chemical India Limited's stock started the year at 586.0, climbed to a high of 596.8, fell to 579.6, and closed 1.45% up at 594.5, with 220118 shares traded on 2025-08-12. Over the previous 52 weeks, the stock reached a high of 652.25 and a low of 460.6. Analysts predict that the future price will fluctuate between 545.0 and 690.0, with the mean expected price being approximately 618.5.
Technicals
Aroon: The AROON 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. Aroon chart for Sumitomo Chemical India Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Sumitomo Chemical India Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for Sumitomo Chemical India Limited
Stochastic: As the Stochastic K-line dips below the D-line and under 20, it points to a mildly bearish market scenario. This configuration hints at some bearish sentiment, but it is not particularly strong. Investors should remain cautious and observe the market for any further signs of a downturn. Stochastic chart for Sumitomo Chemical India Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for SUMICHEM, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for Sumitomo Chemical India Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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