(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 2024-08-20 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 2351248
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 13.70 | 13.69 | 13.72 | 13.61 | 0.526 times |
| 19 Mon Aug 2024 | 13.87 | 13.76 | 13.88 | 13.76 | 0.539 times |
| 16 Fri Aug 2024 | 13.68 | 13.62 | 13.69 | 13.59 | 0.792 times |
| 15 Thu Aug 2024 | 13.57 | 13.56 | 13.62 | 13.43 | 2.855 times |
| 14 Wed Aug 2024 | 12.76 | 12.75 | 12.77 | 12.63 | 0.386 times |
| 13 Tue Aug 2024 | 12.75 | 12.56 | 12.77 | 12.50 | 0.549 times |
| 12 Mon Aug 2024 | 12.22 | 12.29 | 12.37 | 12.18 | 0.459 times |
| 09 Fri Aug 2024 | 12.20 | 12.08 | 12.22 | 12.08 | 0.484 times |
| 08 Thu Aug 2024 | 11.88 | 11.86 | 11.98 | 11.85 | 0.63 times |
| 07 Wed Aug 2024 | 11.74 | 12.26 | 12.35 | 11.73 | 1.168 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 14 as stoploss in an intra day sell trade for a target of 13.1. However, stock will show a bullish move above 14.
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 |
| Downside Target | 13.69 |
| Upside Target | 13.88 |
| 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 | 13.58 |
| Downside Intraday Target | 13.46 |
| Upside Intraday Target | 13.85 |
| Upside Intraday Target | 14 |
| Upside Intraday Target | 13.73 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 13.70 | 13.76 | 13.88 | 13.61 | 0.211 times |
| 16 Fri Aug 2024 | 13.68 | 12.29 | 13.69 | 12.18 | 0.883 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 |
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 |
| 20 Tue Aug 2024 | 13.70 | 14.17 | 14.31 | 10.74 | 1.625 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, and volume has increased substantially. This means that the move can 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 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 BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sumitomo Mitsui is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.98 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 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 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 BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sumitomo Mitsui is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.98 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.