(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 2024-04-04 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1179740
Date | Daily Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 11.55 | 11.72 | 11.74 | 11.54 | 0.793 times |
03 Wed Apr 2024 | 11.60 | 11.46 | 11.63 | 11.46 | 0.527 times |
02 Tue Apr 2024 | 11.36 | 11.35 | 11.41 | 11.31 | 0.828 times |
01 Mon Apr 2024 | 11.43 | 11.44 | 11.45 | 11.34 | 0.862 times |
28 Thu Mar 2024 | 11.77 | 11.76 | 11.81 | 11.75 | 1.347 times |
27 Wed Mar 2024 | 11.81 | 11.85 | 11.86 | 11.71 | 0.85 times |
26 Tue Mar 2024 | 11.86 | 11.82 | 11.89 | 11.82 | 1.178 times |
25 Mon Mar 2024 | 11.84 | 11.80 | 11.89 | 11.74 | 0.61 times |
22 Fri Mar 2024 | 11.91 | 11.91 | 11.94 | 11.86 | 0.832 times |
21 Thu Mar 2024 | 11.71 | 11.76 | 11.82 | 11.71 | 0.871 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11.5 as stoploss in an intra day buy trade for a target of 11.73. However, stock will show a bearish move below 11.5.
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 | 11.18 |
Upside Target | 11.74 |
Upside Target | 11.87 |
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 | 11.33 |
Downside Intraday Target | 11.1 |
Upside Intraday Target | 11.76 |
Upside Intraday Target | 11.96 |
Downside Intraday Target | 11.53 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Thu Apr 2024 | 11.55 | 11.44 | 11.74 | 11.31 | 0.755 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 |
15 Fri Mar 2024 | 11.52 | 11.80 | 11.87 | 11.47 | 0.95 times |
08 Fri Mar 2024 | 12.33 | 11.24 | 12.46 | 11.20 | 1.289 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 |
04 Thu Apr 2024 | 11.55 | 11.44 | 11.74 | 11.31 | 0.131 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 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 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 short to mid 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Sumitomo Mitsui in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sumitomo Mitsui in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sumitomo Mitsui is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.7 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 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 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 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 short to mid 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Sumitomo Mitsui in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Sumitomo Mitsui in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sumitomo Mitsui is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 11.7 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.