Technicals for Sumitomo Chemical India Limited

Price Summary

On 2026-06-03, Sumitomo Chemical India Limited's stock began at 487.7, climbed to 488.0, dropped to 472.5, and had -1.0% to end at 482.8, with a volume of 78862 shares.
The peak price for the stock in the past 52 weeks is 652.25, with the lowest price being 364.45.

Technicals

Support and Resistance: The current price of 482.8 is supported at 462.15, with resistance at 498.9. This suggests that the price for SUMICHEM might remain between these levels, where 462.15 acts as a floor and 498.9 as a ceiling in the market.


Aroon: The AROON 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.


Bol. Bands: The BOLL BANDS is in a neutral stance for SUMICHEM, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.


Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains.


Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.


Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, pointing to a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that this bearish momentum may be weakening. This could indicate that a bullish reversal is imminent, with the market potentially shifting from its current downward trend to a more positive, upward trajectory.


A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.