(SMFG) Sumitomo Mitsui complete technical analysis [charts+indicators] | Buy/Sell Sumitomo Mitsui | (SMFG) share price targets
Complete technical analysis of Sumitomo Mitsui (SMFG) by charts plus indicators, forecast predictions and share price targets for Sumitomo Mitsui (SMFG)
Sumitomo Mitsui trades in USA in Finance sector.
Showing technical analysis as on 2024-08-09 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1993910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 12.20 | 12.08 | 12.22 | 12.08 | 0.571 times |
| 08 Thu Aug 2024 | 11.88 | 11.86 | 11.98 | 11.85 | 0.743 times |
| 07 Wed Aug 2024 | 11.74 | 12.26 | 12.35 | 11.73 | 1.377 times |
| 06 Tue Aug 2024 | 11.38 | 10.96 | 11.53 | 10.81 | 2.521 times |
| 05 Mon Aug 2024 | 12.07 | 10.90 | 12.15 | 10.74 | 1.523 times |
| 02 Fri Aug 2024 | 12.53 | 12.67 | 12.78 | 12.45 | 0.97 times |
| 01 Thu Aug 2024 | 14.08 | 14.17 | 14.31 | 14.03 | 0.728 times |
| 31 Wed Jul 2024 | 14.48 | 14.52 | 14.53 | 14.37 | 0.648 times |
| 30 Tue Jul 2024 | 13.66 | 13.61 | 13.71 | 13.59 | 0.707 times |
| 29 Mon Jul 2024 | 13.79 | 13.87 | 13.87 | 13.76 | 0.433 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.4, but if it comes above 12.4, then a intra day buy could be more profitable.
If you take a sell trade below 12.4, then use 12.4 as stoploss and 11.3 as target. However if you take a buy trade in stock , then use 12.4 as stoploss and 13.34 as target.
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.74 |
| Downside Target | 11.05 |
| Downside Target | 11.33 |
| Downside Target | 11.79 |
| Upside Target | 12.35 |
| Upside Target | 13.12 |
| Upside Target | 13.40 |
| Upside Target | 13.87 |
| Upside Target | 14.02 |
| Upside Target | 14.31 |
| Upside Target | 14.35 |
| Upside Target | 14.53 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 11.18 |
| Downside Intraday Target | 10.15 |
| Upside Intraday Target | 12.79 |
| Upside Intraday Target | 13.37 |
| Downside Intraday Target | 11.76 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 12.20 | 10.90 | 12.35 | 10.74 | 1.932 times |
| 02 Fri Aug 2024 | 12.53 | 13.87 | 14.53 | 12.45 | 1.391 times |
| 26 Fri Jul 2024 | 13.88 | 13.99 | 14.35 | 13.54 | 1.068 times |
| 19 Fri Jul 2024 | 13.94 | 13.72 | 14.02 | 13.60 | 1.391 times |
| 12 Fri Jul 2024 | 13.68 | 13.85 | 13.87 | 13.59 | 3.294 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 12.20 | 14.17 | 14.31 | 10.74 | 0.876 times |
| 31 Wed Jul 2024 | 14.48 | 13.43 | 14.53 | 13.40 | 1.185 times |
| 28 Fri Jun 2024 | 13.41 | 13.36 | 13.42 | 12.48 | 0.974 times |
| 31 Fri May 2024 | 13.11 | 11.39 | 13.12 | 11.33 | 0.737 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Sumitomo Mitsui (SMFG)
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sumitomo Mitsui stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sumitomo Mitsui in short term and the sell signal is strong.
Sumitomo Mitsui Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumitomo Mitsui in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sumitomo Mitsui is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.37 and Sumitomo Mitsui (SMFG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sumitomo Mitsui (SMFG) stock. Volume based technical analysis of Sumitomo Mitsui (SMFG) stock is negative.
Sumitomo Mitsui Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sumitomo Mitsui stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Sumitomo Mitsui in short term and the sell signal is strong.
Sumitomo Mitsui Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumitomo Mitsui in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sumitomo Mitsui is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.37 and Sumitomo Mitsui (SMFG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sumitomo Mitsui (SMFG) stock. Volume based technical analysis of Sumitomo Mitsui (SMFG) stock is negative.
Sumitomo Mitsui Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.