(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 2024-10-11 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1662870
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 13.11 | 12.76 | 13.19 | 12.76 | 1.091 times |
| 10 Thu Oct 2024 | 12.65 | 12.55 | 12.68 | 12.52 | 0.745 times |
| 09 Wed Oct 2024 | 12.47 | 12.41 | 12.54 | 12.39 | 0.585 times |
| 08 Tue Oct 2024 | 12.62 | 12.64 | 12.67 | 12.56 | 0.647 times |
| 07 Mon Oct 2024 | 12.98 | 12.90 | 13.07 | 12.88 | 0.86 times |
| 04 Fri Oct 2024 | 12.89 | 12.67 | 12.89 | 12.67 | 0.699 times |
| 03 Thu Oct 2024 | 12.41 | 12.35 | 12.42 | 12.31 | 0.65 times |
| 02 Wed Oct 2024 | 12.54 | 12.63 | 12.63 | 12.49 | 0.897 times |
| 01 Tue Oct 2024 | 12.70 | 12.80 | 12.83 | 12.66 | 1.522 times |
| 30 Mon Sep 2024 | 12.63 | 12.56 | 12.67 | 12.49 | 1.893 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 13.2, for a target of 12.9 or 12.68
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.74 |
| Downside Target | 12.15 |
| Downside Target | 12.89 |
| Downside Target | 12.98 |
| Upside Target | 13.19 |
| 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 | 12.6 |
| Downside Intraday Target | 12.1 |
| Upside Intraday Target | 13.4 |
| Upside Intraday Target | 13.7 |
| Downside Intraday Target | 12.9 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 13.11 | 12.90 | 13.19 | 12.39 | 0.694 times |
| 04 Fri Oct 2024 | 12.89 | 12.56 | 12.89 | 12.31 | 1.285 times |
| 27 Fri Sep 2024 | 12.17 | 12.92 | 12.97 | 12.15 | 1.054 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 |
Price has moved up 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 |
| 11 Fri Oct 2024 | 13.11 | 12.80 | 13.19 | 12.31 | 0.447 times |
| 30 Mon Sep 2024 | 12.63 | 13.47 | 13.55 | 12.15 | 0.682 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 |
Scroll below to view daily charts
Price has moved up 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 12.71 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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sumitomo Mitsui ( (SMFG) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 12.71 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.