(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 2024-04-09 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1079380
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 11.63 | 11.70 | 11.73 | 11.60 | 1.272 times |
08 Mon Apr 2024 | 11.70 | 11.65 | 11.78 | 11.65 | 1.644 times |
05 Fri Apr 2024 | 11.56 | 11.54 | 11.62 | 11.50 | 0.709 times |
04 Thu Apr 2024 | 11.55 | 11.72 | 11.74 | 11.54 | 0.867 times |
03 Wed Apr 2024 | 11.60 | 11.46 | 11.63 | 11.46 | 0.576 times |
02 Tue Apr 2024 | 11.36 | 11.35 | 11.41 | 11.31 | 0.905 times |
01 Mon Apr 2024 | 11.43 | 11.44 | 11.45 | 11.34 | 0.943 times |
28 Thu Mar 2024 | 11.77 | 11.76 | 11.81 | 11.75 | 1.473 times |
27 Wed Mar 2024 | 11.81 | 11.85 | 11.86 | 11.71 | 0.929 times |
26 Tue Mar 2024 | 11.86 | 11.82 | 11.89 | 11.82 | 1.288 times |
My analysis of stock is bearish for shortterm, and stock might move down till 11.5 or till 11.3. Use a stoploss of 11.66 and if the stock hits stoploss, then it can shoot up till 11.8
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 | 11.78 |
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 | 11.56 |
Downside Intraday Target | 11.49 |
Upside Intraday Target | 11.74 |
Upside Intraday Target | 11.85 |
Upside Intraday Target | 11.67 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 11.63 | 11.65 | 11.78 | 11.60 | 0.729 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 |
15 Fri Mar 2024 | 11.52 | 11.80 | 11.87 | 11.47 | 0.95 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 |
09 Tue Apr 2024 | 11.63 | 11.44 | 11.78 | 11.31 | 0.276 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 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 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 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 stronger in this stock.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 11.65 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 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 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 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 stronger in this stock.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 11.65 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.