Overall Technical outlook

Price Summary

On 2025-10-17, Sumitomo Chemical India Limited's stock began at 518.0, climbed to 532.0, dropped to 515.05, and had 1.62% to end at 526.4, with a volume of 563452 shares.
During the 52-week span, the stock hit a high of 652.25 and a low of 460.6.
The anticipated price is forecasted to be between 545.0 and 690.0, with an average price expectation of 618.5, based on input from 6 analysts.

Technicals

Support and Resistance: The current price sits at 526.4, supported at 508.6 and capped by resistance at 533.25. These levels define a range for SUMICHEM where the price might stabilize, with 508.6 as a floor and 533.25 as a ceiling.
SUMICHEM supportResistance cdb4ab
Support/Resistance for SUMICHEM


Aroon: The persistent bearish trend in Aroon, with Aroon Down consistently at the 100 level, signals continued downward pressure. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators.
SUMICHEM aroon cdb4ab
Aroon chart for Sumitomo Chemical India Limited


Bol. Bands: The BOLL BANDS 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.
SUMICHEM bbands cdb4ab
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.
SUMICHEM psar cdb4ab
Parabolic Stop and Reverse chart for Sumitomo Chemical India Limited


Stochastic: The stochastic indicator for SUMICHEM shows the K-line rising above the D-line while remaining below 20, typically signaling the start of a bullish move. This setup suggests that the market may be transitioning from a low point, potentially leading to upward momentum. Investors could see this as a promising entry point for a rally.
SUMICHEM stoch cdb4ab
Stochastic chart for Sumitomo Chemical India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for SUMICHEM. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
SUMICHEM trippleSMA cdb4ab
Tripple SMA chart for Sumitomo Chemical India Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.