(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 2024-09-23 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1365839
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 12.90 | 12.92 | 12.97 | 12.89 | 0.595 times |
| 20 Fri Sep 2024 | 12.87 | 12.84 | 12.94 | 12.77 | 1.025 times |
| 19 Thu Sep 2024 | 12.71 | 12.69 | 12.75 | 12.63 | 0.759 times |
| 18 Wed Sep 2024 | 12.55 | 12.50 | 12.71 | 12.47 | 1.018 times |
| 17 Tue Sep 2024 | 12.47 | 12.52 | 12.57 | 12.44 | 1.276 times |
| 16 Mon Sep 2024 | 12.92 | 12.96 | 12.98 | 12.86 | 1.008 times |
| 13 Fri Sep 2024 | 12.84 | 12.80 | 12.90 | 12.78 | 1.199 times |
| 12 Thu Sep 2024 | 12.78 | 12.69 | 12.83 | 12.66 | 0.766 times |
| 11 Wed Sep 2024 | 12.74 | 12.65 | 12.74 | 12.48 | 1.022 times |
| 10 Tue Sep 2024 | 12.66 | 12.74 | 12.76 | 12.52 | 0.853 times |
My analysis of stock is bearish for shortterm, and stock might move down till 12.7 or till 12.3. Use a stoploss of 12.93 and if the stock hits stoploss, then it can shoot up till 13.2
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.74 |
| Downside Target | 11.33 |
| Downside Target | 12.44 |
| Downside Target | 12.89 |
| Upside Target | 13.18 |
| Upside Target | 13.25 |
| Upside Target | 13.40 |
| Upside Target | 13.42 |
| Upside Target | 13.55 |
| Upside Target | 14.31 |
| Upside Target | 14.53 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 12.87 |
| Downside Intraday Target | 12.84 |
| Upside Intraday Target | 12.95 |
| Upside Intraday Target | 13 |
| Upside Intraday Target | 12.92 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 12.90 | 12.92 | 12.97 | 12.89 | 0.117 times |
| 20 Fri Sep 2024 | 12.87 | 12.96 | 12.98 | 12.44 | 1.036 times |
| 13 Fri Sep 2024 | 12.84 | 12.67 | 12.90 | 12.48 | 1.487 times |
| 06 Fri Sep 2024 | 12.65 | 13.47 | 13.55 | 12.61 | 4.042 times |
| 30 Fri Aug 2024 | 13.23 | 13.24 | 13.25 | 13.18 | 0.189 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 |
| 23 Mon Sep 2024 | 12.90 | 13.47 | 13.55 | 12.44 | 0.452 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 12.73 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 12.73 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.