Overall Technical outlook

Price Summary

The stock of Sumitomo Chemical India Limited experienced a 3.29% increase, showcasing a phenomenal market performance.
Sumitomo Chemical India Limited's stock opened at 547.85 on 2025-07-15, surged to 569.95, hit a low of 545.05, and closed up 3.29% at 565.85, with 846066 shares traded.
For the 52-week period, the stock's highest price is 613.5, and the lowest price is 460.6.
6 analysts forecast that the price of SUMICHEM will range from 480.0 to 659.0, with an average expected price near 576.8333.

Technicals


Aroon: Aroon's bullish trend persists, with Aroon Up holding steady at the 100 level. This shows strong momentum, but further exploration using additional indicators is necessary to confirm the trend's durability and potential future direction.
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Aroon chart for Sumitomo Chemical India Limited


Bol. Bands: In its latest move, the current price has crossed over the upper Bollinger Band, indicating a bullish breakout. This movement suggests that buying pressure is intensifying, driving the price higher than expected. Traders may interpret this as a sign of strong market momentum, potentially leading to continued upward action for Sumitomo Chemical India Limited.
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Bolinger Bands chart for Sumitomo Chemical India Limited


Parabolic SAR: The PSAR has just shifted from bearish to bullish, hinting at a potential upward trend. If this change is supported by other indicators, it could signal a strong bullish trend. Investors should watch for additional confirmation before fully committing to this potential market opportunity.
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Parabolic Stop and Reverse chart for Sumitomo Chemical India Limited


Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for SUMICHEM, with no strong trend emerging.
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Stochastic chart for Sumitomo Chemical India Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages for SUMICHEM are aligned in a bearish pattern, suggesting a downtrend. However, the wavering slopes of the 20 and 50 SMAs indicate that the bearish momentum may be losing strength. This could be a sign that a bullish reversal is on the horizon, as the market's current downward trajectory begins to falter, potentially paving the way for a new uptrend.
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Tripple SMA chart for Sumitomo Chemical India Limited


Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.