(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.
10 day averaged volume of Sumitomo Mitsui is 1288380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 11.17 | 11.15 | 11.20 | 11.14 | 0.735 times |
| 18 Thu Apr 2024 | 11.14 | 11.16 | 11.22 | 11.12 | 0.856 times |
| 17 Wed Apr 2024 | 11.10 | 11.17 | 11.17 | 11.05 | 0.662 times |
| 16 Tue Apr 2024 | 11.17 | 11.24 | 11.24 | 11.15 | 0.991 times |
| 15 Mon Apr 2024 | 11.52 | 11.61 | 11.73 | 11.52 | 1.978 times |
| 12 Fri Apr 2024 | 11.51 | 11.56 | 11.60 | 11.48 | 0.788 times |
| 11 Thu Apr 2024 | 11.76 | 11.75 | 11.79 | 11.66 | 1.049 times |
| 10 Wed Apr 2024 | 11.54 | 11.52 | 11.60 | 11.47 | 0.639 times |
| 09 Tue Apr 2024 | 11.63 | 11.70 | 11.73 | 11.60 | 1.066 times |
| 08 Mon Apr 2024 | 11.70 | 11.65 | 11.78 | 11.65 | 1.377 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.3, but if it comes above 11.3, then a intra day buy could be more profitable.
If you take a sell trade below 11.3, then use 11.3 as stoploss and 11 as target. However if you take a buy trade in stock , then use 11.3 as stoploss and 11.55 as target.
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 9.16 |
| Downside Target | 9.57 |
| Downside Target | 10.10 |
| Downside Target | 10.47 |
| Downside Target | 11.05 |
| Upside Target | 11.73 |
| Upside Target | 11.74 |
| Upside Target | 11.79 |
| Upside Target | 11.89 |
| Upside Target | 11.94 |
| Upside Target | 12.46 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 10.9 |
| Downside Intraday Target | 10.64 |
| Upside Intraday Target | 11.58 |
| Upside Intraday Target | 12 |
| Upside Intraday Target | 11.32 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 11.17 | 11.61 | 11.73 | 11.05 | 1.062 times |
| 12 Fri Apr 2024 | 11.51 | 11.65 | 11.79 | 11.47 | 1.468 times |
| 05 Fri Apr 2024 | 11.56 | 11.44 | 11.74 | 11.31 | 0.918 times |
| 28 Thu Mar 2024 | 11.77 | 11.80 | 11.89 | 11.71 | 0.781 times |
| 22 Fri Mar 2024 | 11.91 | 11.61 | 11.94 | 11.49 | 0.807 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 |
| 19 Fri Apr 2024 | 11.17 | 11.44 | 11.79 | 11.05 | 0.643 times |
| 28 Thu Mar 2024 | 11.77 | 11.21 | 12.46 | 11.18 | 0.752 times |
| 29 Thu Feb 2024 | 11.14 | 10.42 | 11.23 | 10.10 | 1.122 times |
| 31 Wed Jan 2024 | 10.29 | 9.62 | 10.47 | 9.57 | 0.578 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 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 short 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 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 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 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 red color and prices are below the red 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 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 11.46 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 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 short 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 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 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 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 red color and prices are below the red 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 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 11.46 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.