(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 2024-10-28 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1169220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 12.48 | 12.43 | 12.53 | 12.39 | 0.71 times |
| 25 Fri Oct 2024 | 12.29 | 12.38 | 12.41 | 12.28 | 0.508 times |
| 24 Thu Oct 2024 | 12.34 | 12.34 | 12.36 | 12.28 | 0.549 times |
| 23 Wed Oct 2024 | 12.28 | 12.24 | 12.35 | 12.19 | 0.73 times |
| 22 Tue Oct 2024 | 12.65 | 12.56 | 12.69 | 12.56 | 1.005 times |
| 21 Mon Oct 2024 | 12.77 | 12.90 | 12.90 | 12.74 | 0.492 times |
| 18 Fri Oct 2024 | 13.15 | 13.10 | 13.17 | 13.07 | 0.513 times |
| 17 Thu Oct 2024 | 13.05 | 13.17 | 13.22 | 13.05 | 0.869 times |
| 16 Wed Oct 2024 | 12.96 | 12.97 | 12.99 | 12.90 | 0.827 times |
| 15 Tue Oct 2024 | 12.83 | 13.00 | 13.09 | 12.80 | 3.238 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12.4 as stoploss in an intra day buy trade for a target of 12.72. However, stock will show a bearish move below 12.4.
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.74 |
| Downside Target | 12.15 |
| Upside Target | 12.80 |
| Upside Target | 13.19 |
| Upside Target | 13.22 |
| 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 | 12.4 |
| Downside Intraday Target | 12.33 |
| Upside Intraday Target | 12.54 |
| Upside Intraday Target | 12.61 |
| Downside Intraday Target | 12.47 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 12.48 | 12.43 | 12.53 | 12.39 | 0.216 times |
| 25 Fri Oct 2024 | 12.29 | 12.90 | 12.90 | 12.19 | 0.489 times |
| 18 Fri Oct 2024 | 13.15 | 13.11 | 13.22 | 12.80 | 1.202 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 |
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 |
| 28 Mon Oct 2024 | 12.48 | 12.80 | 13.22 | 12.19 | 0.884 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 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 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 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 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 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 SELL. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 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 12.73 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 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 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 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 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 SELL. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 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 12.73 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.