(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 2024-07-12 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 630270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 13.68 | 13.66 | 13.72 | 13.59 | 1.295 times |
| 11 Thu Jul 2024 | 13.71 | 13.86 | 13.86 | 13.70 | 1 times |
| 10 Wed Jul 2024 | 13.82 | 13.75 | 13.83 | 13.75 | 0.978 times |
| 09 Tue Jul 2024 | 13.73 | 13.72 | 13.77 | 13.68 | 1.043 times |
| 08 Mon Jul 2024 | 13.79 | 13.85 | 13.87 | 13.78 | 1.022 times |
| 05 Fri Jul 2024 | 13.86 | 13.83 | 13.87 | 13.75 | 1.062 times |
| 03 Wed Jul 2024 | 13.65 | 13.59 | 13.67 | 13.59 | 0.558 times |
| 03 Wed Jul 2024 | 13.65 | 13.59 | 13.67 | 13.59 | 0.558 times |
| 02 Tue Jul 2024 | 13.69 | 13.87 | 13.87 | 13.58 | 0.999 times |
| 01 Mon Jul 2024 | 13.45 | 13.43 | 13.50 | 13.40 | 0.914 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 13.7 as stoploss in an intra day sell trade for a target of 13.25. However, stock will show a bullish move above 13.7.
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 11.05 |
| Downside Target | 11.79 |
| Downside Target | 12.46 |
| Downside Target | 13.12 |
| Downside Target | 13.40 |
| Downside Target | 13.42 |
| Downside Target | 13.59 |
| Upside Target | 13.87 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 13.56 |
| Downside Intraday Target | 13.43 |
| Upside Intraday Target | 13.84 |
| Upside Intraday Target | 13.99 |
| Upside Intraday Target | 13.71 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 13.68 | 13.85 | 13.87 | 13.59 | 3.294 times |
| 05 Fri Jul 2024 | 13.86 | 13.59 | 13.87 | 13.59 | 0.656 times |
| 03 Wed Jul 2024 | 13.65 | 13.43 | 13.87 | 13.40 | 0.374 times |
| 28 Fri Jun 2024 | 13.41 | 12.71 | 13.42 | 12.60 | 1.962 times |
| 21 Fri Jun 2024 | 12.53 | 12.63 | 12.66 | 12.50 | 1.664 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 13.68 | 13.43 | 13.87 | 13.40 | 0.367 times |
| 28 Fri Jun 2024 | 13.41 | 13.36 | 13.42 | 12.48 | 0.974 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 |
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 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 BUY. 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 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 and SELL signal is strong!
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 13.71 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 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 BUY. 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 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 and SELL signal is strong!
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 13.71 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.