(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 2024-08-15 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 2009338
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 13.57 | 13.56 | 13.62 | 13.43 | 3.341 times |
| 14 Wed Aug 2024 | 12.76 | 12.75 | 12.77 | 12.63 | 0.452 times |
| 13 Tue Aug 2024 | 12.75 | 12.56 | 12.77 | 12.50 | 0.643 times |
| 12 Mon Aug 2024 | 12.22 | 12.29 | 12.37 | 12.18 | 0.537 times |
| 09 Fri Aug 2024 | 12.20 | 12.08 | 12.22 | 12.08 | 0.567 times |
| 08 Thu Aug 2024 | 11.88 | 11.86 | 11.98 | 11.85 | 0.737 times |
| 07 Wed Aug 2024 | 11.74 | 12.26 | 12.35 | 11.73 | 1.366 times |
| 06 Tue Aug 2024 | 11.38 | 10.96 | 11.53 | 10.81 | 2.501 times |
| 05 Mon Aug 2024 | 12.07 | 10.90 | 12.15 | 10.74 | 1.512 times |
| 02 Fri Aug 2024 | 12.53 | 12.67 | 12.78 | 12.45 | 0.962 times |
Stock of Sumitomo Mitsui (SMFG) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 14.1 or till 15.2. Use a stoploss of 13.14 and if this stock hits its stoploss, then it can fall down till 12.19
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.74 |
| Downside Target | 11.05 |
| Downside Target | 11.33 |
| Downside Target | 11.79 |
| Downside Target | 12.18 |
| Downside Target | 13.12 |
| Downside Target | 13.40 |
| Upside Target | 13.62 |
| Upside Target | 14.02 |
| Upside Target | 14.31 |
| Upside Target | 14.35 |
| Upside Target | 14.53 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 12.63 |
| Downside Intraday Target | 11.68 |
| Upside Intraday Target | 14.07 |
| Upside Intraday Target | 14.56 |
| Downside Intraday Target | 13.12 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 13.57 | 12.29 | 13.62 | 12.18 | 0.744 times |
| 09 Fri Aug 2024 | 12.20 | 10.90 | 12.35 | 10.74 | 1.932 times |
| 02 Fri Aug 2024 | 12.53 | 13.87 | 14.53 | 12.45 | 1.391 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 |
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 |
| 15 Thu Aug 2024 | 13.57 | 14.17 | 14.31 | 10.74 | 1.397 times |
| 31 Wed Jul 2024 | 14.48 | 13.43 | 14.53 | 13.40 | 1.185 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 |
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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Sumitomo Mitsui in short term but the buy 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term but selling 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 12.39 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Sumitomo Mitsui in short term but the buy 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal in short term but selling 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 12.39 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.