(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 2024-12-12 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 705736
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 14.91 | 14.93 | 14.98 | 14.90 | 1.469 times |
| 11 Wed Dec 2024 | 15.08 | 15.11 | 15.12 | 14.99 | 1.117 times |
| 10 Tue Dec 2024 | 14.92 | 14.91 | 14.99 | 14.91 | 0.997 times |
| 09 Mon Dec 2024 | 15.00 | 15.18 | 15.19 | 15.00 | 1.186 times |
| 26 Tue Nov 2024 | 14.09 | 14.17 | 14.20 | 14.04 | 0.921 times |
| 26 Tue Nov 2024 | 14.09 | 14.17 | 14.20 | 14.04 | 0.921 times |
| 25 Mon Nov 2024 | 14.48 | 14.40 | 14.60 | 14.40 | 1.296 times |
| 22 Fri Nov 2024 | 14.27 | 14.13 | 14.31 | 14.13 | 0.677 times |
| 21 Thu Nov 2024 | 14.06 | 14.03 | 14.12 | 14.01 | 0.928 times |
| 20 Wed Nov 2024 | 13.97 | 13.98 | 14.04 | 13.90 | 0.976 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 14.6, but if it comes below 14.6, then a intra day sell could be more profitable.
If you take a sell trade below 14.6, then use 14.6 as stoploss and 14.24 as target. However if you take a buy trade in stock , then use 14.6 as stoploss and 15.1 as target.
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 10.74 |
| Downside Target | 12.15 |
| Downside Target | 12.83 |
| Downside Target | 13.22 |
| Downside Target | 13.55 |
| Downside Target | 14.48 |
| Downside Target | 14.60 |
| Downside Target | 14.90 |
| Upside Target | 15.19 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 14.81 |
| Downside Intraday Target | 14.71 |
| Upside Intraday Target | 15.1 |
| Upside Intraday Target | 15.29 |
| Upside Intraday Target | 15 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 14.91 | 15.18 | 15.19 | 14.90 | 5.175 times |
| 26 Tue Nov 2024 | 14.09 | 14.17 | 14.20 | 14.04 | 0.416 times |
| 26 Tue Nov 2024 | 14.09 | 14.40 | 14.60 | 14.04 | 0.434 times |
| 22 Fri Nov 2024 | 14.27 | 13.83 | 14.31 | 13.78 | 0.761 times |
| 15 Fri Nov 2024 | 13.96 | 13.96 | 14.48 | 13.85 | 1.02 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 14.91 | 15.18 | 15.19 | 14.90 | 0.212 times |
| 26 Tue Nov 2024 | 14.09 | 12.86 | 14.60 | 12.83 | 0.573 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 |
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 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 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 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 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 14.54 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 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 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 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 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 14.54 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.