Long Term Trend: Weak
AI Indicator Strength: 45.0%
StockSUMICHEM
Current Price₹452.70
Short Term Trend
Strong Downward
Trend: Weak
¼ Long Term Trend Structure
- Price below EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Neutral-Bullish
📊 Momentum (RSI)
- RSI: 44.90
- Mild positive bias
MACD: Weak Bearish
¼ MACD Observation
- Weak negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bullish
- Trend → Weak
📊 SUMICHEM Stock Strength & Risk Analysis
✅ Positive Factors
- Relative Strength is perfectly balanced at 44.90.
❌ Risk Factors
- Failure to reclaim the 200-day EMA acts as heavy resistance.
- Immediate price action favors the sellers.
📌 Market Outlook
Sellers remain in control; wait for a confirmed structural shift before engaging.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹441.70
₹437.28
₹432.87
🔴 Resistance Zones
₹509.95
₹515.05
₹520.15
SUMICHEM Price Action: Immediate buying interest for SUMICHEM has historically emerged around the ₹441.7 mark. If the stock faces selling pressure, this zone acts as the first line of defense. Conversely, the primary hurdle for an upward rally is positioned at ₹509.95. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 381.59 |
| 38.2% | 435.75 |
| 50.0% | 479.52 |
| 61.8% | 523.30 |
| 78.6% | 585.62 |
Structural Pullbacks: Looking at the Fibonacci retracement map for SUMICHEM, the 38.2% level at ₹435.75 acts as a critical juncture. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where SUMICHEM might reverse or accelerate.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 458.82 | SMA5 | 463.43 |
| EMA9 | 462.02 | SMA9 | 460.66 |
| EMA20 | 465.03 | SMA20 | 472.25 |
| EMA50 | 455.59 | SMA50 | 457.95 |
| EMA100 | 449.55 | SMA100 | 429.37 |
| EMA200 | 461.04 | SMA200 | 462.74 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bullish: +1 🟢
🟢
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 > EMA50 (Medium Uptrend): +1 🟢
🟢
• Price < EMA200 (Long-term Bearish): -1 🔴
🔴
• MACD Weak Bearish: -1 🔴
🔴
• Total Score: -1
🔴
• Confidence Score: 45.00%
🔴
Total Score: -1
Technical Indicator Strength: 45.0%
- Weak alignment in behavior
- AI Confidence Score: 45.0%
👉 Market appears weak-to-sideways with mild downside pressure
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-06-03 |
Bearish |
482.80 |
477.80 |
482.65 |
476.00 |
0.38% |
1.02 |
482.65 |
455.00% |
5.76 |
-0.03 |
5.67 36.03 Success |
| 2026-05-26 |
Bullish |
489.05 |
489.05 |
501.30 |
467.00 |
2.50% |
4.51 |
509.95 |
467.00% |
4.27 |
4.51 |
43.02 65.61 Success |
| 2026-05-13 |
Bearish |
455.55 |
459.80 |
460.80 |
446.10 |
2.98% |
0.22 |
474.80 |
444.95% |
2.33 |
4.23 |
55.88 63.73 Success |
| 2026-05-05 |
Bullish |
476.95 |
480.00 |
501.00 |
478.65 |
4.38% |
0.28 |
514.50 |
441.70% |
7.87 |
7.39 |
100.00 95.00 Success |
| 2026-04-30 |
Bearish |
419.15 |
419.15 |
419.15 |
419.15 |
0.00% |
0.00 |
514.50 |
419.15% |
0.00 |
22.75 |
76.45 62.58 No Trade |
| 2026-04-02 |
Bullish |
383.30 |
383.95 |
398.00 |
376.20 |
3.66% |
2.02 |
422.60 |
376.20% |
10.25 |
1.85 |
60.76 85.94 Success |
| 2026-03-30 |
Bearish |
364.45 |
371.00 |
382.00 |
371.00 |
0.00% |
2.96 |
411.65 |
368.85% |
-1.21 |
12.95 |
67.35 57.12 No Trade |
| 2026-03-25 |
Bullish |
387.05 |
381.80 |
386.95 |
371.80 |
1.35% |
2.62 |
398.00 |
362.60% |
2.83 |
6.32 |
48.50 61.04 Success |
| 2026-03-23 |
Bearish |
375.10 |
378.00 |
382.60 |
368.90 |
2.41% |
1.22 |
388.50 |
362.60% |
3.33 |
3.57 |
16.50 48.84 Success |
| 2026-03-20 |
Bullish |
387.00 |
383.00 |
385.00 |
370.15 |
0.52% |
3.36 |
388.50 |
362.60% |
0.39 |
6.30 |
32.65 43.32 Success |
| 2026-03-19 |
Bearish |
382.30 |
382.00 |
388.95 |
381.25 |
0.20% |
1.82 |
388.95 |
368.90% |
3.51 |
1.74 |
0.41 27.39 Success |
| 2026-03-18 |
Bullish |
389.30 |
370.05 |
386.25 |
370.05 |
4.38% |
0.00 |
388.95 |
368.90% |
-0.09 |
5.24 |
7.29 41.46 Success |
| 2026-03-02 |
Bearish |
397.80 |
390.30 |
399.80 |
386.20 |
1.05% |
2.43 |
401.00 |
381.80% |
4.02 |
0.80 |
21.51 38.47 Success |
| 2026-02-04 |
Bullish |
428.80 |
422.90 |
427.40 |
417.00 |
1.06% |
1.40 |
443.10 |
405.10% |
3.33 |
5.53 |
100.00 81.24 Success |
| 2026-01-09 |
Bearish |
440.90 |
442.00 |
442.55 |
431.45 |
2.39% |
0.12 |
444.95 |
428.00% |
2.93 |
0.92 |
100.00 69.47 Success |
| 2025-11-26 |
Bullish |
456.25 |
456.25 |
461.00 |
451.10 |
1.04% |
1.13 |
475.05 |
451.10% |
4.12 |
1.13 |
13.42 36.39 Success |
| 2025-10-29 |
Bearish |
506.55 |
506.55 |
510.00 |
505.65 |
0.18% |
0.68 |
512.00 |
478.50% |
5.54 |
1.08 |
9.98 40.06 Success |
| 2025-10-21 |
Bullish |
529.80 |
535.50 |
535.50 |
517.50 |
0.00% |
3.36 |
538.00 |
505.10% |
1.55 |
4.66 |
73.11 56.81 No Trade |
| 2025-09-25 |
Bearish |
555.80 |
554.00 |
554.00 |
532.70 |
3.84% |
0.00 |
554.00 |
527.70% |
5.06 |
-0.32 |
18.32 49.72 Success |
| 2025-09-19 |
Bullish |
601.80 |
601.80 |
605.00 |
580.00 |
0.53% |
3.62 |
605.00 |
532.70% |
0.53 |
11.48 |
100.00 74.92 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for SUMICHEM. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.