Is Sumitomo Chemical Company, Limited stock a buy or sell right now?

Sumitomo Chemical Company, Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Sumitomo Chemical Company, Limited’s RSI?

RSI is 50.53, showing balanced momentum within the normal range.

What does MACD indicate for SOMMY?

MACD at -0.03 shows bearish pressure, with downside momentum building.

What are Sumitomo Chemical Company, Limited’s key support and resistance levels?

Support sits around $15.53, while resistance is near $17.18.

Sumitomo Chemical Company, Limited

SOMMY•PNK

Basic Materials

Chemicals

$16.34

$0.04(0.25%)

U.S. Market opens in 7h 23m

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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bullish (RSI: 50.53)

Trend Strength:Weak (ADX: 12.81)

Volatility:Medium (ATR: 0.39)

Support/Resistance:$15.53 – $17.18 (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): 50.53

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 47.27

Neutral

Mid-range signal with no clear trend.

Williams %R: -49.63

Neutral

Balanced market without strong signals.

Rate of Change (ROC): 2.12

Bullish

Steady upward momentum.

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

Trend & Volatility

MACD: -0.03

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 12.81

Weak

Weak trend, market trading sideways.

ATR (14): 0.39

Low

Low volatility, stable price action.

CCI (14): -20.85

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

$17.18

Middle Band (SMA 20)

$16.35

Lower Band

$15.53

Current Position

Within Bands

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

Keltner Channels

Upper Channel

$17.06

Middle Line (EMA 20)

$16.28

Lower Channel

$15.51

Squeeze Status

No Squeeze

Takeaway:Sumitomo Chemical Company, Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume6.40K

Money Flow Index40.39Neutral, balanced money flows with no clear signal.

Relative Vigor Index50.04Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SOMMY shows neutral money flow, with no clear directional pressure.

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.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Sumitomo Chemical Company, Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.