(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 2024-10-14 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1594530
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 13.15 | 13.11 | 13.21 | 13.11 | 0.931 times |
| 11 Fri Oct 2024 | 13.11 | 12.76 | 13.19 | 12.76 | 1.138 times |
| 10 Thu Oct 2024 | 12.65 | 12.55 | 12.68 | 12.52 | 0.777 times |
| 09 Wed Oct 2024 | 12.47 | 12.41 | 12.54 | 12.39 | 0.61 times |
| 08 Tue Oct 2024 | 12.62 | 12.64 | 12.67 | 12.56 | 0.675 times |
| 07 Mon Oct 2024 | 12.98 | 12.90 | 13.07 | 12.88 | 0.897 times |
| 04 Fri Oct 2024 | 12.89 | 12.67 | 12.89 | 12.67 | 0.729 times |
| 03 Thu Oct 2024 | 12.41 | 12.35 | 12.42 | 12.31 | 0.678 times |
| 02 Wed Oct 2024 | 12.54 | 12.63 | 12.63 | 12.49 | 0.935 times |
| 01 Tue Oct 2024 | 12.70 | 12.80 | 12.83 | 12.66 | 1.587 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 12.7
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.74 |
| Downside Target | 12.15 |
| Downside Target | 12.89 |
| Upside Target | 13.19 |
| Upside Target | 13.21 |
| 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 | 13.1 |
| Downside Intraday Target | 13.06 |
| Upside Intraday Target | 13.2 |
| Upside Intraday Target | 13.26 |
| Upside Intraday Target | 13.16 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Mon Oct 2024 | 13.15 | 13.11 | 13.21 | 13.11 | 0.227 times |
| 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 |
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 |
| 14 Mon Oct 2024 | 13.15 | 12.80 | 13.21 | 12.31 | 0.499 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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 12.78 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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 12.78 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.