(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 2024-11-13 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 847260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Nov 2024 | 13.89 | 13.98 | 14.00 | 13.85 | 0.855 times |
| 12 Tue Nov 2024 | 13.94 | 14.05 | 14.06 | 13.88 | 1.162 times |
| 11 Mon Nov 2024 | 14.02 | 13.96 | 14.09 | 13.93 | 0.925 times |
| 08 Fri Nov 2024 | 13.99 | 13.89 | 14.00 | 13.86 | 1.34 times |
| 07 Thu Nov 2024 | 13.87 | 13.92 | 13.99 | 13.82 | 1.046 times |
| 06 Wed Nov 2024 | 13.77 | 13.63 | 13.80 | 13.56 | 1.393 times |
| 05 Tue Nov 2024 | 13.01 | 12.87 | 13.07 | 12.87 | 0.838 times |
| 04 Mon Nov 2024 | 12.86 | 12.86 | 12.98 | 12.85 | 0.868 times |
| 01 Fri Nov 2024 | 12.85 | 12.86 | 12.94 | 12.83 | 0.762 times |
| 31 Thu Oct 2024 | 12.77 | 12.79 | 12.81 | 12.68 | 0.97 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.7, but if it comes below 13.7, then a intra day sell could be more profitable.
If you take a sell trade below 13.7, then use 13.7 as stoploss and 13.07 as target. However if you take a buy trade in stock , then use 13.7 as stoploss and 14.4 as target.
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.74 |
| Downside Target | 12.15 |
| Downside Target | 12.80 |
| Downside Target | 13.22 |
| Downside Target | 13.40 |
| Downside Target | 13.55 |
| Downside Target | 13.85 |
| Upside Target | 14.00 |
| Upside Target | 14.09 |
| Upside Target | 14.31 |
| Upside Target | 14.53 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 13.8 |
| Downside Intraday Target | 13.7 |
| Upside Intraday Target | 14.04 |
| Upside Intraday Target | 14.18 |
| Upside Intraday Target | 13.94 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Nov 2024 | 13.89 | 13.96 | 14.09 | 13.85 | 0.536 times |
| 08 Fri Nov 2024 | 13.99 | 12.86 | 14.00 | 12.85 | 1.21 times |
| 01 Fri Nov 2024 | 12.85 | 12.43 | 12.94 | 12.39 | 1 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 |
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 |
| 13 Wed Nov 2024 | 13.89 | 12.86 | 14.09 | 12.83 | 0.281 times |
| 31 Thu Oct 2024 | 12.77 | 12.80 | 13.22 | 12.19 | 0.967 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 |
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
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 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 but SELL signal is weak.
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 13.56 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
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 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 but SELL signal is weak.
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 13.56 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.