Overall Technical outlook

Price Summary

On 2026-04-09, Sumitomo Chemical India Limited's stock began at 409.0, peaked at 417.35, bottomed at 405.75, and closed 1.5% higher at 415.15, with a volume of 275532 shares.
The stock's highest price in the past 52 weeks is 652.25, while its lowest price during the same period is 0.0.
7 analysts forecast that the price of SUMICHEM will range from 530.0 to 659.0, with an average expected price near 578.2857.

Technicals

Support and Resistance: At 415.15, the price is supported by 404.6 and resisted by 422.4. This indicates that the price for Sumitomo Chemical India Limited might fluctuate between these levels, with 404.6 acting as a support and 422.4 limiting further upward movement.
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Support/Resistance for SUMICHEM


Aroon: Aroon's bullish trend continues, with Aroon Up at the 100 level, indicating strong market momentum. However, further analysis with other indicators is essential for SUMICHEM to assess the trend's long-term viability and potential for continued growth.
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Aroon chart for Sumitomo Chemical India Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Bolinger Bands chart for Sumitomo Chemical India Limited


Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist.
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Parabolic Stop and Reverse chart for Sumitomo Chemical India Limited


Stochastic: The stochastic indicator is in a bullish mode, with the K-line crossing above the D-line and the 80 level for SUMICHEM. This alignment suggests strong upward momentum, indicating that the market may continue to trend higher. Investors could interpret this as a positive sign of sustained market growth.
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Stochastic chart for Sumitomo Chemical India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Tripple SMA chart for Sumitomo Chemical India Limited


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.