(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 2024-07-22 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 804520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 14.06 | 13.99 | 14.07 | 13.97 | 0.945 times |
| 19 Fri Jul 2024 | 13.94 | 13.95 | 14.00 | 13.91 | 0.903 times |
| 18 Thu Jul 2024 | 13.93 | 13.94 | 14.02 | 13.86 | 1.584 times |
| 17 Wed Jul 2024 | 13.80 | 13.91 | 13.91 | 13.74 | 1.091 times |
| 16 Tue Jul 2024 | 13.98 | 13.82 | 14.00 | 13.80 | 1.44 times |
| 15 Mon Jul 2024 | 13.61 | 13.72 | 13.80 | 13.60 | 0.8 times |
| 12 Fri Jul 2024 | 13.68 | 13.66 | 13.72 | 13.59 | 1.015 times |
| 11 Thu Jul 2024 | 13.71 | 13.86 | 13.86 | 13.70 | 0.783 times |
| 10 Wed Jul 2024 | 13.82 | 13.75 | 13.83 | 13.75 | 0.766 times |
| 09 Tue Jul 2024 | 13.73 | 13.72 | 13.77 | 13.68 | 0.817 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 14, but if it comes below 14, then a intra day sell could be more profitable.
If you take a sell trade below 14, then use 14 as stoploss and 13.64 as target. However if you take a buy trade in stock , then use 14 as stoploss and 14.3 as target.
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 | 13.87 |
| Downside Target | 13.97 |
| Downside Target | 14.02 |
| Upside Target | 14.07 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 14 |
| Downside Intraday Target | 13.93 |
| Upside Intraday Target | 14.1 |
| Upside Intraday Target | 14.13 |
| Downside Intraday Target | 14.03 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Jul 2024 | 14.06 | 13.99 | 14.07 | 13.97 | 0.162 times |
| 19 Fri Jul 2024 | 13.94 | 13.72 | 14.02 | 13.60 | 1.391 times |
| 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 |
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 |
| 22 Mon Jul 2024 | 14.06 | 13.43 | 14.07 | 13.40 | 0.703 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 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 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.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sumitomo Mitsui in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 13.84 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 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.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sumitomo Mitsui in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 13.84 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.