(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 2024-03-13 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1449090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 11.74 | 11.68 | 11.74 | 11.65 | 0.708 times |
| 12 Tue Mar 2024 | 11.77 | 11.71 | 11.82 | 11.68 | 1.115 times |
| 11 Mon Mar 2024 | 11.87 | 11.80 | 11.87 | 11.73 | 1.137 times |
| 08 Fri Mar 2024 | 12.33 | 12.36 | 12.46 | 12.26 | 1.197 times |
| 07 Thu Mar 2024 | 12.04 | 11.99 | 12.04 | 11.87 | 1.192 times |
| 06 Wed Mar 2024 | 11.76 | 11.75 | 11.79 | 11.69 | 1.134 times |
| 05 Tue Mar 2024 | 11.47 | 11.45 | 11.58 | 11.44 | 1.252 times |
| 04 Mon Mar 2024 | 11.29 | 11.24 | 11.32 | 11.20 | 0.645 times |
| 01 Fri Mar 2024 | 11.24 | 11.21 | 11.25 | 11.18 | 0.675 times |
| 29 Thu Feb 2024 | 11.14 | 11.15 | 11.21 | 11.07 | 0.761 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 11.8 as stoploss in an intra day sell trade for a target of 11.21. However, stock will show a bullish move above 11.8.
Share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Target | 9.03 |
| Downside Target | 9.57 |
| Downside Target | 10.10 |
| Downside Target | 10.47 |
| Downside Target | 11.18 |
| Downside Target | 11.20 |
| Downside Target | 11.23 |
| Downside Target | 11.25 |
| Downside Target | 11.65 |
| Upside Target | 11.87 |
| Upside Target | 12.46 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
| Target Type | Value |
| Downside Intraday Target | 11.64 |
| Downside Intraday Target | 11.53 |
| Upside Intraday Target | 11.86 |
| Upside Intraday Target | 11.97 |
| Upside Intraday Target | 11.75 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 11.74 | 11.80 | 11.87 | 11.65 | 0.546 times |
| 08 Fri Mar 2024 | 12.33 | 11.24 | 12.46 | 11.20 | 1.289 times |
| 01 Fri Mar 2024 | 11.24 | 10.87 | 11.25 | 10.86 | 0.839 times |
| 23 Fri Feb 2024 | 10.80 | 10.72 | 10.80 | 10.58 | 1.371 times |
| 16 Fri Feb 2024 | 10.67 | 10.21 | 10.69 | 10.17 | 0.791 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 Mar 2024 | 11.74 | 11.21 | 12.46 | 11.18 | 0.365 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 |
| 29 Fri Dec 2023 | 9.68 | 9.85 | 10.18 | 9.16 | 1.261 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
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 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 11.72 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining momentum.
MACD generated a BUY signal for Sumitomo Mitsui in short term and the buy signal is strong.
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 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 11.72 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.