(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 2024-09-24 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1300680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 12.77 | 12.77 | 12.80 | 12.72 | 0.945 times |
| 23 Mon Sep 2024 | 12.90 | 12.92 | 12.97 | 12.89 | 0.625 times |
| 20 Fri Sep 2024 | 12.87 | 12.84 | 12.94 | 12.77 | 1.077 times |
| 19 Thu Sep 2024 | 12.71 | 12.69 | 12.75 | 12.63 | 0.798 times |
| 18 Wed Sep 2024 | 12.55 | 12.50 | 12.71 | 12.47 | 1.069 times |
| 17 Tue Sep 2024 | 12.47 | 12.52 | 12.57 | 12.44 | 1.34 times |
| 16 Mon Sep 2024 | 12.92 | 12.96 | 12.98 | 12.86 | 1.059 times |
| 13 Fri Sep 2024 | 12.84 | 12.80 | 12.90 | 12.78 | 1.259 times |
| 12 Thu Sep 2024 | 12.78 | 12.69 | 12.83 | 12.66 | 0.804 times |
| 11 Wed Sep 2024 | 12.74 | 12.65 | 12.74 | 12.48 | 1.074 times |
My analysis of stock is bearish for shortterm, and stock might move down till 12.6 or till 12.3. Use a stoploss of 12.9 and if the stock hits stoploss, then it can shoot up till 13.16
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.74 |
| Downside Target | 11.33 |
| Downside Target | 12.44 |
| Upside Target | 13.18 |
| Upside Target | 13.25 |
| Upside Target | 13.40 |
| Upside Target | 13.42 |
| Upside Target | 13.55 |
| Upside Target | 14.31 |
| Upside Target | 14.53 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 12.67 |
| Downside Intraday Target | 12.57 |
| Upside Intraday Target | 12.92 |
| Upside Intraday Target | 13.07 |
| Upside Intraday Target | 12.82 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 12.77 | 12.92 | 12.97 | 12.72 | 0.294 times |
| 20 Fri Sep 2024 | 12.87 | 12.96 | 12.98 | 12.44 | 1.036 times |
| 13 Fri Sep 2024 | 12.84 | 12.67 | 12.90 | 12.48 | 1.487 times |
| 06 Fri Sep 2024 | 12.65 | 13.47 | 13.55 | 12.61 | 4.042 times |
| 30 Fri Aug 2024 | 13.23 | 13.24 | 13.25 | 13.18 | 0.189 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 |
| 24 Tue Sep 2024 | 12.77 | 13.47 | 13.55 | 12.44 | 0.481 times |
| 30 Fri Aug 2024 | 13.23 | 14.17 | 14.31 | 10.74 | 2.189 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 |
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 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 short 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 short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sumitomo Mitsui stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term but the buy signal is initial and weak.
Sumitomo Mitsui Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumitomo Mitsui in short term but SELL 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 12.74 and Sumitomo Mitsui (SMFG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 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 short 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 short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sumitomo Mitsui stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term but the buy signal is initial and weak.
Sumitomo Mitsui Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumitomo Mitsui in short term but SELL 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 12.74 and Sumitomo Mitsui (SMFG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.