(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 2024-07-30 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 989776
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Jul 2024 | 13.66 | 13.61 | 13.71 | 13.59 | 1.424 times |
| 29 Mon Jul 2024 | 13.79 | 13.87 | 13.87 | 13.76 | 0.872 times |
| 26 Fri Jul 2024 | 13.88 | 13.74 | 13.91 | 13.74 | 0.707 times |
| 25 Thu Jul 2024 | 13.64 | 13.59 | 13.74 | 13.54 | 1.491 times |
| 24 Wed Jul 2024 | 14.03 | 14.17 | 14.17 | 14.03 | 0.82 times |
| 23 Tue Jul 2024 | 14.20 | 14.21 | 14.35 | 14.17 | 1.263 times |
| 22 Mon Jul 2024 | 14.06 | 13.99 | 14.07 | 13.97 | 0.768 times |
| 19 Fri Jul 2024 | 13.94 | 13.95 | 14.00 | 13.91 | 0.734 times |
| 18 Thu Jul 2024 | 13.93 | 13.94 | 14.02 | 13.86 | 1.287 times |
| 17 Wed Jul 2024 | 13.80 | 13.91 | 13.91 | 13.74 | 0.887 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.7, but if it comes above 13.7, then a intra day buy could be more profitable.
If you take a sell trade below 13.7, then use 13.7 as stoploss and 13.5 as target. However if you take a buy trade in stock , then use 13.7 as stoploss and 13.82 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 | 13.60 |
| Upside Target | 13.87 |
| Upside Target | 14.02 |
| Upside Target | 14.35 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 13.54 |
| Downside Intraday Target | 13.43 |
| Upside Intraday Target | 13.82 |
| 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 |
| 30 Tue Jul 2024 | 13.66 | 13.87 | 13.87 | 13.59 | 0.455 times |
| 26 Fri Jul 2024 | 13.88 | 13.99 | 14.35 | 13.54 | 1.068 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 |
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 |
| 30 Tue Jul 2024 | 13.66 | 13.43 | 14.35 | 13.40 | 1.105 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 and the buying is gaining 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 13.88 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 and the buying is gaining 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 13.88 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.