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(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 2024-10-30 View latest technical analysis

10 day averaged volume of Sumitomo Mitsui is 820590

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	12.77	12.74	12.84	12.74	0.718 times
29 Tue Oct 2024	12.72	12.70	12.79	12.69	1.163 times
28 Mon Oct 2024	12.48	12.43	12.53	12.39	1.011 times
25 Fri Oct 2024	12.29	12.38	12.41	12.28	0.724 times
24 Thu Oct 2024	12.34	12.34	12.36	12.28	0.782 times
23 Wed Oct 2024	12.28	12.24	12.35	12.19	1.04 times
22 Tue Oct 2024	12.65	12.56	12.69	12.56	1.432 times
21 Mon Oct 2024	12.77	12.90	12.90	12.74	0.702 times
18 Fri Oct 2024	13.15	13.10	13.17	13.07	0.731 times
17 Thu Oct 2024	13.05	13.17	13.22	13.05	1.238 times

My analysis of stock is bullish for shortterm, and stock might move up till 13 or till 13.3. Use a stoploss of 12.73 and if this stock hits its stoploss, then it can fall down till 12.45

Share price targets for Sumitomo Mitsui (SMFG)

Target Type	Value
Downside Target	10.74
Downside Target	12.15
Upside Target	12.80
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	12.49
Downside Intraday Target	12.22
Upside Intraday Target	12.94
Upside Intraday Target	13.12
Downside Intraday Target	12.67

Weekly technical analysis of Sumitomo Mitsui (SMFG)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	12.77	12.43	12.84	12.39	0.618 times
25 Fri Oct 2024	12.29	12.90	12.90	12.19	0.489 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

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
30 Wed Oct 2024	12.77	12.80	13.22	12.19	0.938 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 losing momentum.

MACD generated a SELL signal for Sumitomo Mitsui in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 12.66 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.