(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 2024-10-22 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1353060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 12.65 | 12.56 | 12.69 | 12.56 | 0.868 times |
| 21 Mon Oct 2024 | 12.77 | 12.90 | 12.90 | 12.74 | 0.426 times |
| 18 Fri Oct 2024 | 13.15 | 13.10 | 13.17 | 13.07 | 0.443 times |
| 17 Thu Oct 2024 | 13.05 | 13.17 | 13.22 | 13.05 | 0.751 times |
| 16 Wed Oct 2024 | 12.96 | 12.97 | 12.99 | 12.90 | 0.714 times |
| 15 Tue Oct 2024 | 12.83 | 13.00 | 13.09 | 12.80 | 2.798 times |
| 14 Mon Oct 2024 | 13.15 | 13.11 | 13.21 | 13.11 | 1.097 times |
| 11 Fri Oct 2024 | 13.11 | 12.76 | 13.19 | 12.76 | 1.341 times |
| 10 Thu Oct 2024 | 12.65 | 12.55 | 12.68 | 12.52 | 0.916 times |
| 09 Wed Oct 2024 | 12.47 | 12.41 | 12.54 | 12.39 | 0.719 times |
My analysis of stock is bearish for shortterm, and stock might move down till 12.5 or till 12.2. Use a stoploss of 12.75 and if the stock hits stoploss, then it can shoot up till 13.02
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.74 |
| Downside Target | 12.15 |
| Upside Target | 12.97 |
| Upside Target | 13.19 |
| Upside Target | 13.22 |
| 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 | 12.51 |
| Downside Intraday Target | 12.36 |
| Upside Intraday Target | 12.85 |
| Upside Intraday Target | 13.04 |
| Upside Intraday Target | 12.7 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 12.65 | 12.90 | 12.90 | 12.56 | 0.223 times |
| 18 Fri Oct 2024 | 13.15 | 13.11 | 13.22 | 12.80 | 1.202 times |
| 11 Fri Oct 2024 | 13.11 | 12.90 | 13.19 | 12.39 | 0.694 times |
| 04 Fri Oct 2024 | 12.89 | 12.56 | 12.89 | 12.31 | 1.285 times |
| 27 Fri Sep 2024 | 12.17 | 12.92 | 12.97 | 12.15 | 1.054 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 |
| 22 Tue Oct 2024 | 12.65 | 12.80 | 13.22 | 12.31 | 0.782 times |
| 30 Mon Sep 2024 | 12.63 | 13.47 | 13.55 | 12.15 | 0.682 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 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 12.88 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 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 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 12.88 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 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.