Overall Technical outlook

Price Summary

On 2025-06-13, Sumitomo Chemical India Limited's shares started at 490.0, peaked at 495.7, bottomed out at 486.35, and ended 0.96% higher at 494.7, with 408869 shares traded.
The peak price for the stock in the past 52 weeks is 613.5, with the lowest price being 460.6.
The anticipated price is forecasted to be between 530.0 and 659.0, with an average price expectation of 586.6667, based on input from 6 analysts.

Technicals

Support and Resistance: The current price of 494.7 is supported at 464.4, with resistance at 495.5. This suggests that the price for SUMICHEM might remain between these levels, where 464.4 acts as a floor and 495.5 as a ceiling in the market.
SUMICHEM supportResistance cdc300
Support/Resistance for SUMICHEM


Aroon: The Aroon indicator signals a continued bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications.
SUMICHEM aroon cdc300
Aroon chart for Sumitomo Chemical India Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
SUMICHEM bbands cdc300
Bolinger Bands chart for Sumitomo Chemical India Limited


Parabolic SAR: The PSAR remains bearish for Sumitomo Chemical India Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise.
SUMICHEM psar cdc300
Parabolic Stop and Reverse chart for Sumitomo Chemical India Limited


Stochastic: The Stochastic K-line's position below the D-line and under 20 points to a mildly bearish market outlook for SUMICHEM. This setup suggests some bearish sentiment, but it is not overly pronounced. Traders should remain cautious and observe the market for further confirmation.
SUMICHEM stoch cdc300
Stochastic chart for Sumitomo Chemical India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
SUMICHEM trippleSMA cdc300
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.