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Sumitomo Chemical India Limited

SUMICHEM.NSNSE
Basic Materials
Agricultural Inputs
404.65
-0.20(-0.05%)
Indian Market opens in 12h 39m

Sumitomo Chemical India Limited (SUMICHEM.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Sumitomo Chemical India Limited (NSE:SUMICHEM.NS).

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

SUMICHEM.NS Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 38.45)
Trend Strength:Weak (ADX: 11.63)
Volatility:Medium (ATR: 12.42)
Support/Resistance:$398.73 – $428.39 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 38.45

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 14.67

Bullish
Oversold zone signals rebound potential.

Williams %R: -90.45

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.64

Bearish
Selling pressure outweighs buying.

Takeaway:Sumitomo Chemical India Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -7.17

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 11.63

Weak
Weak trend, market trading sideways.

ATR (14): 12.42

Rising
Rising volatility, market activity increasing.

CCI (14): -134.96

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$428.39
Middle Band (SMA 20)
$413.56
Lower Band
$398.73
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$439.11
Middle Line (EMA 20)
$414.28
Lower Channel
$389.44
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-731.78K
Money Flow Index59.34Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.24Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SUMICHEM.NS shows balanced money flow with a slight bullish bias.

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

Bullish Signals

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ