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Sumitomo Chemical Company, Limited

SOMMY•PNK
Basic Materials
Chemicals
$20.50
$2.27(12.44%)
U.S. Market opens in 15h 57m

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

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

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

SOMMY Technical Analysis Summary

Sumitomo Chemical Company, Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.69)
Trend Strength:Moderate (ADX: 28.04)
Volatility:Medium (ATR: 0.61)
Support/Resistance:$14.25 – $20.54 (Bollinger Bands)

This mix signals that Sumitomo Chemical Company, Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 59.69

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 59.47

Neutral
Mid-range signal with no clear trend.

Williams %R: -44.02

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 23.92

Strongly Bullish
Strong upside momentum.

Takeaway:Sumitomo Chemical Company, Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.96

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.04

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.61

Low
Low volatility, stable price action.

CCI (14): 27.27

Bullish
Bullish, momentum building upward.

Takeaway:Sumitomo Chemical Company, Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$20.54
Middle Band (SMA 20)
$17.39
Lower Band
$14.25
Current Position
Within Bands

Takeaway:Sumitomo Chemical Company, Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$18.87
Middle Line (EMA 20)
$17.64
Lower Channel
$16.41
Squeeze Status
No Squeeze

Takeaway:Sumitomo Chemical Company, Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-511.00
Money Flow Index54.41Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.65Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SOMMY shows bullish money flow, with volume and vigor supporting buyers.

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.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Sumitomo Chemical Company, Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ