(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 2024-06-12 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 768630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 12.93 | 13.01 | 13.07 | 12.92 | 1.266 times |
| 11 Tue Jun 2024 | 12.95 | 13.04 | 13.05 | 12.87 | 1.258 times |
| 10 Mon Jun 2024 | 13.16 | 13.17 | 13.18 | 13.12 | 0.938 times |
| 07 Fri Jun 2024 | 13.06 | 13.02 | 13.08 | 13.02 | 0.565 times |
| 06 Thu Jun 2024 | 13.08 | 13.00 | 13.08 | 12.99 | 0.722 times |
| 05 Wed Jun 2024 | 12.97 | 13.00 | 13.00 | 12.89 | 1.092 times |
| 04 Tue Jun 2024 | 13.28 | 13.30 | 13.30 | 13.18 | 1.075 times |
| 03 Mon Jun 2024 | 13.38 | 13.36 | 13.41 | 13.26 | 1.613 times |
| 31 Fri May 2024 | 13.11 | 13.09 | 13.12 | 13.02 | 1.106 times |
| 30 Thu May 2024 | 12.82 | 12.89 | 12.89 | 12.79 | 0.887 times |
My analysis of stock is bullish for shortterm, and stock might move up till 13.1 or till 13.5. Use a stoploss of 12.79 and if this stock hits its stoploss, then it can fall down till 12.45
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 | 12.87 |
| Downside Target | 12.89 |
| Upside Target | 13.12 |
| Upside Target | 13.18 |
| Upside Target | 13.41 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 12.81 |
| Downside Intraday Target | 12.68 |
| Upside Intraday Target | 13.12 |
| Upside Intraday Target | 13.3 |
| Upside Intraday Target | 12.99 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 12.93 | 13.17 | 13.18 | 12.87 | 0.683 times |
| 07 Fri Jun 2024 | 13.06 | 13.36 | 13.41 | 12.89 | 1.3 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 |
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 |
| 12 Wed Jun 2024 | 12.93 | 13.36 | 13.41 | 12.87 | 0.394 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Sumitomo Mitsui in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sumitomo Mitsui in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 13.09 and Sumitomo Mitsui (SMFG) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Sumitomo Mitsui in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sumitomo Mitsui in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 13.09 and Sumitomo Mitsui (SMFG) stock is trading below this level. This means that stock is falling with high volumes. 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.