(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 2024-06-13 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 808900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 12.63 | 12.72 | 12.78 | 12.61 | 1.091 times |
| 12 Wed Jun 2024 | 12.93 | 13.01 | 13.07 | 12.92 | 1.203 times |
| 11 Tue Jun 2024 | 12.95 | 13.04 | 13.05 | 12.87 | 1.196 times |
| 10 Mon Jun 2024 | 13.16 | 13.17 | 13.18 | 13.12 | 0.892 times |
| 07 Fri Jun 2024 | 13.06 | 13.02 | 13.08 | 13.02 | 0.537 times |
| 06 Thu Jun 2024 | 13.08 | 13.00 | 13.08 | 12.99 | 0.686 times |
| 05 Wed Jun 2024 | 12.97 | 13.00 | 13.00 | 12.89 | 1.038 times |
| 04 Tue Jun 2024 | 13.28 | 13.30 | 13.30 | 13.18 | 1.022 times |
| 03 Mon Jun 2024 | 13.38 | 13.36 | 13.41 | 13.26 | 1.533 times |
| 31 Fri May 2024 | 13.11 | 13.09 | 13.12 | 13.02 | 1.051 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 12.5 as stoploss in an intra day buy trade for a target of 12.81. However, stock will show a bearish move below 12.5.
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 |
| Upside Target | 12.71 |
| Upside 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 | 12.43 |
| Downside Intraday Target | 12.24 |
| Upside Intraday Target | 13 |
| Upside Intraday Target | 13.38 |
| Upside Intraday Target | 12.81 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 12.63 | 13.17 | 13.18 | 12.61 | 0.91 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 |
| 13 Thu Jun 2024 | 12.63 | 13.36 | 13.41 | 12.61 | 0.448 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumitomo Mitsui in short term but the sell signal is initial and weak.
Sumitomo Mitsui Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumitomo Mitsui in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 13.06 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 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumitomo Mitsui in short term but the sell signal is initial and weak.
Sumitomo Mitsui Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumitomo Mitsui in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 13.06 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.