Overall Technical outlook

Price Summary

On 2025-05-30, Sumitomo Chemical India Limited's stock began at 502.8, peaked at 513.05, bottomed at 501.0, and closed 0.79% higher at 506.75, with a volume of 256288 shares.
The stock's highest price in the past 52 weeks is 613.5, while its lowest price during the same period is 456.15.
The expected price range is between 530.0 and 659.0, with a mean anticipated price of 586.6667, according to 6 analysts.

Technicals

Support and Resistance: The price for SUMICHEM at 506.75 finds support at 495.5 and resistance at 525.75. This suggests a trading range, where 495.5 serves as a support level and 525.75 acts as a resistance point, potentially capping further gains.
SUMICHEM supportResistance 1b18ab
Support/Resistance for SUMICHEM


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.
SUMICHEM aroon 1b18ab
Aroon chart for Sumitomo Chemical India Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
SUMICHEM bbands 1b18ab
Bolinger Bands chart for Sumitomo Chemical India Limited


Parabolic SAR: The PSAR for SUMICHEM continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher.
SUMICHEM psar 1b18ab
Parabolic Stop and Reverse chart for Sumitomo Chemical India Limited


Stochastic: The Stochastic K-line, now below the D-line and under 20, signals a mildly bearish market outlook. This configuration suggests possible weakness for Sumitomo Chemical India Limited, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely.
SUMICHEM stoch 1b18ab
Stochastic chart for Sumitomo Chemical India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
SUMICHEM trippleSMA 1b18ab
Tripple SMA chart for Sumitomo Chemical India Limited


A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.