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Sumitomo Chemical Company, Limited

SOMMF•PNK
Basic Materials
Chemicals
$3.38
$0.00(0.00%)
U.S. Market opens in 7h 17m

Sumitomo Chemical Company, Limited (SOMMF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Sumitomo Chemical Company, Limited (PNK:SOMMF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SOMMF Technical Analysis Summary

Sumitomo Chemical Company, Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 64.98)
Trend Strength:Weak (ADX: 17.05)
Volatility:Low (ATR: 0.01)
Support/Resistance:$3.36 – $3.44 (Bollinger Bands)

Overall, Sumitomo Chemical Company, Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 64.98

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 0.00

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.17

Bearish
Selling pressure outweighs buying.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.05

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -42.42

Bearish
Bearish, momentum remains under pressure.

Takeaway:Sumitomo Chemical Company, Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.44
Middle Band (SMA 20)
$3.40
Lower Band
$3.36
Current Position
Within Bands

Takeaway:Sumitomo Chemical Company, Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.39
Middle Line (EMA 20)
$3.38
Lower Channel
$3.37
Squeeze Status
No Squeeze

Takeaway:Sumitomo Chemical Company, Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume100.00
Money Flow Index0.00Bullish, oversold conditions signal rebound potential.
Relative Vigor Index1.23Bearish, price momentum favors sellers.

Overall Takeaway:SOMMF shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Sumitomo Chemical Company, Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Sumitomo Chemical Company, Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ