(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 2024-06-04 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 785909
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 13.28 | 13.30 | 13.30 | 13.18 | 1.052 times |
| 03 Mon Jun 2024 | 13.38 | 13.36 | 13.41 | 13.26 | 1.578 times |
| 31 Fri May 2024 | 13.11 | 13.09 | 13.12 | 13.02 | 1.081 times |
| 30 Thu May 2024 | 12.82 | 12.89 | 12.89 | 12.79 | 0.868 times |
| 29 Wed May 2024 | 12.64 | 12.68 | 12.71 | 12.62 | 0.726 times |
| 28 Tue May 2024 | 12.81 | 12.78 | 12.88 | 12.78 | 1.138 times |
| 24 Fri May 2024 | 12.56 | 12.50 | 12.56 | 12.49 | 0.591 times |
| 23 Thu May 2024 | 12.42 | 12.52 | 12.54 | 12.39 | 0.921 times |
| 22 Wed May 2024 | 12.51 | 12.60 | 12.60 | 12.48 | 0.916 times |
| 21 Tue May 2024 | 12.65 | 12.64 | 12.67 | 12.61 | 1.162 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.9, but if it comes below 12.9, then a intra day sell could be more profitable.
If you take a sell trade below 12.9, then use 12.9 as stoploss and 12.36 as target. However if you take a buy trade in stock , then use 12.9 as stoploss and 13.7 as target.
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.10 |
| Downside Target | 11.05 |
| Downside Target | 11.63 |
| Downside Target | 12.39 |
| Downside Target | 12.62 |
| Downside Target | 12.71 |
| Downside Target | 13.12 |
| Downside Target | 13.18 |
| Upside Target | 13.41 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 13.17 |
| Downside Intraday Target | 13.06 |
| Upside Intraday Target | 13.4 |
| Upside Intraday Target | 13.52 |
| Upside Intraday Target | 13.29 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 13.28 | 13.36 | 13.41 | 13.18 | 0.69 times |
| 31 Fri May 2024 | 13.11 | 12.78 | 13.12 | 12.62 | 0.827 times |
| 24 Fri May 2024 | 12.56 | 12.64 | 12.71 | 12.39 | 0.706 times |
| 17 Fri May 2024 | 12.53 | 11.73 | 12.57 | 11.63 | 1.69 times |
| 10 Fri May 2024 | 11.60 | 11.61 | 11.63 | 11.34 | 0.884 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 |
| 04 Tue Jun 2024 | 13.28 | 13.36 | 13.41 | 13.18 | 0.124 times |
| 31 Fri May 2024 | 13.11 | 11.39 | 13.12 | 11.33 | 0.737 times |
| 30 Tue Apr 2024 | 11.32 | 11.44 | 11.79 | 11.05 | 0.835 times |
| 28 Thu Mar 2024 | 11.77 | 11.21 | 12.46 | 11.18 | 0.752 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining 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 12.87 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining 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 12.87 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.