(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 2024-08-29 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1852100
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 13.32 | 13.28 | 13.41 | 13.28 | 0.619 times |
| 28 Wed Aug 2024 | 13.27 | 13.25 | 13.34 | 13.25 | 0.394 times |
| 27 Tue Aug 2024 | 13.30 | 13.27 | 13.37 | 13.25 | 1.025 times |
| 26 Mon Aug 2024 | 13.34 | 13.30 | 13.41 | 13.30 | 0.554 times |
| 23 Fri Aug 2024 | 13.79 | 13.64 | 13.82 | 13.60 | 0.835 times |
| 22 Thu Aug 2024 | 13.47 | 13.55 | 13.55 | 13.43 | 0.646 times |
| 21 Wed Aug 2024 | 13.62 | 13.68 | 13.68 | 13.53 | 0.565 times |
| 20 Tue Aug 2024 | 13.70 | 13.69 | 13.72 | 13.61 | 0.668 times |
| 19 Mon Aug 2024 | 13.87 | 13.76 | 13.88 | 13.76 | 0.685 times |
| 16 Fri Aug 2024 | 13.68 | 13.62 | 13.69 | 13.59 | 1.005 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 13.7 as stoploss in an intra day sell trade for a target of 12.92. However, stock will show a bullish move above 13.7.
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 |
| Downside Target | 12.18 |
| Downside Target | 13.12 |
| Upside Target | 13.42 |
| Upside Target | 13.43 |
| Upside Target | 13.69 |
| Upside Target | 13.88 |
| Upside Target | 14.31 |
| Upside Target | 14.53 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 13.24 |
| Downside Intraday Target | 13.17 |
| Upside Intraday Target | 13.4 |
| Upside Intraday Target | 13.49 |
| Upside Intraday Target | 13.33 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 13.32 | 13.30 | 13.41 | 13.25 | 0.762 times |
| 23 Fri Aug 2024 | 13.79 | 13.76 | 13.88 | 13.43 | 0.531 times |
| 16 Fri Aug 2024 | 13.68 | 12.29 | 13.69 | 12.18 | 0.883 times |
| 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 |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 13.32 | 14.17 | 14.31 | 10.74 | 2.072 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, and volume has increased substantially. This means that the move can 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 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 term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sumitomo Mitsui stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
Sumitomo Mitsui Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Sumitomo Mitsui is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.55 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 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 term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sumitomo Mitsui stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
Sumitomo Mitsui Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Sumitomo Mitsui is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.55 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.