(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 2024-08-26 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1814730
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 13.34 | 13.30 | 13.41 | 13.30 | 0.566 times |
| 23 Fri Aug 2024 | 13.79 | 13.64 | 13.82 | 13.60 | 0.852 times |
| 22 Thu Aug 2024 | 13.47 | 13.55 | 13.55 | 13.43 | 0.659 times |
| 21 Wed Aug 2024 | 13.62 | 13.68 | 13.68 | 13.53 | 0.577 times |
| 20 Tue Aug 2024 | 13.70 | 13.69 | 13.72 | 13.61 | 0.681 times |
| 19 Mon Aug 2024 | 13.87 | 13.76 | 13.88 | 13.76 | 0.699 times |
| 16 Fri Aug 2024 | 13.68 | 13.62 | 13.69 | 13.59 | 1.026 times |
| 15 Thu Aug 2024 | 13.57 | 13.56 | 13.62 | 13.43 | 3.699 times |
| 14 Wed Aug 2024 | 12.76 | 12.75 | 12.77 | 12.63 | 0.5 times |
| 13 Tue Aug 2024 | 12.75 | 12.56 | 12.77 | 12.50 | 0.712 times |
My analysis of stock is bullish for shortterm, and stock might move up till 13.9 or till 14.9. Use a stoploss of 13.04 and if this stock hits its stoploss, then it can fall down till 12.17
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 |
| Upside Target | 13.42 |
| Upside Target | 13.43 |
| Upside Target | 13.69 |
| Upside Target | 13.88 |
| Upside Target | 14.31 |
| Upside Target | 14.53 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 13.29 |
| Downside Intraday Target | 13.24 |
| Upside Intraday Target | 13.4 |
| Upside Intraday Target | 13.46 |
| Upside Intraday Target | 13.35 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 13.34 | 13.30 | 13.41 | 13.30 | 0.163 times |
| 23 Fri Aug 2024 | 13.79 | 13.76 | 13.88 | 13.43 | 0.531 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 |
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 |
| 26 Mon Aug 2024 | 13.34 | 14.17 | 14.31 | 10.74 | 1.876 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
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 SELL signal in short term and selling is picking up 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 13.51 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
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 SELL signal in short term and selling is picking up 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 13.51 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.