(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 2024-09-05 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1196020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 13.07 | 13.07 | 13.13 | 13.00 | 0.767 times |
| 04 Wed Sep 2024 | 12.98 | 12.96 | 13.08 | 12.93 | 0.716 times |
| 03 Tue Sep 2024 | 13.35 | 13.47 | 13.55 | 13.32 | 1.111 times |
| 30 Fri Aug 2024 | 13.23 | 13.24 | 13.25 | 13.18 | 0.934 times |
| 30 Fri Aug 2024 | 13.23 | 13.24 | 13.25 | 13.18 | 0.934 times |
| 29 Thu Aug 2024 | 13.32 | 13.28 | 13.41 | 13.28 | 0.958 times |
| 28 Wed Aug 2024 | 13.27 | 13.25 | 13.34 | 13.25 | 0.61 times |
| 27 Tue Aug 2024 | 13.30 | 13.27 | 13.37 | 13.25 | 1.587 times |
| 26 Mon Aug 2024 | 13.34 | 13.30 | 13.41 | 13.30 | 0.858 times |
| 23 Fri Aug 2024 | 13.79 | 13.64 | 13.82 | 13.60 | 1.293 times |
My analysis of stock is bearish for shortterm, and stock might move down till 12.8 or till 12.2. Use a stoploss of 13.24 and if the stock hits stoploss, then it can shoot up till 13.69
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.74 |
| Downside Target | 11.33 |
| Downside Target | 12.18 |
| Downside Target | 12.48 |
| Downside Target | 12.93 |
| Upside Target | 13.43 |
| Upside Target | 13.55 |
| 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 | 12.82 |
| Downside Intraday Target | 12.56 |
| Upside Intraday Target | 13.44 |
| Upside Intraday Target | 13.8 |
| Upside Intraday Target | 13.18 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 13.07 | 13.47 | 13.55 | 12.93 | 2.779 times |
| 30 Fri Aug 2024 | 13.23 | 13.24 | 13.25 | 13.18 | 0.189 times |
| 30 Fri Aug 2024 | 13.23 | 13.30 | 13.41 | 13.18 | 0.94 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 13.07 | 13.47 | 13.55 | 12.93 | 0.074 times |
| 30 Fri Aug 2024 | 13.23 | 14.17 | 14.31 | 10.74 | 2.189 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL. Signal strength is Weak 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 moving up
CCI has generated a buy signal for Sumitomo Mitsui in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 13.32 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL. Signal strength is Weak 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 moving up
CCI has generated a buy signal for Sumitomo Mitsui in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 13.32 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.