(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 2024-03-19 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1522740
Date | Daily Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 11.54 | 11.54 | 11.57 | 11.49 | 0.459 times |
18 Mon Mar 2024 | 11.63 | 11.61 | 11.65 | 11.58 | 0.555 times |
15 Fri Mar 2024 | 11.52 | 11.49 | 11.58 | 11.47 | 1.341 times |
14 Thu Mar 2024 | 11.60 | 11.64 | 11.68 | 11.57 | 0.742 times |
13 Wed Mar 2024 | 11.74 | 11.68 | 11.74 | 11.65 | 0.674 times |
12 Tue Mar 2024 | 11.77 | 11.71 | 11.82 | 11.68 | 1.061 times |
11 Mon Mar 2024 | 11.87 | 11.80 | 11.87 | 11.73 | 1.082 times |
08 Fri Mar 2024 | 12.33 | 12.36 | 12.46 | 12.26 | 1.139 times |
07 Thu Mar 2024 | 12.04 | 11.99 | 12.04 | 11.87 | 1.134 times |
06 Wed Mar 2024 | 11.76 | 11.75 | 11.79 | 11.69 | 1.079 times |
My analysis of stock is bullish for shortterm, and stock might move up till 11.9 or till 12.4. Use a stoploss of 11.41 and if this stock hits its stoploss, then it can fall down till 10.97
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 | 10.80 |
Downside Target | 11.18 |
Downside Target | 11.25 |
Downside Target | 11.47 |
Downside Target | 11.49 |
Upside 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 | 11.47 |
Downside Intraday Target | 11.4 |
Upside Intraday Target | 11.63 |
Upside Intraday Target | 11.72 |
Upside Intraday Target | 11.56 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 11.54 | 11.61 | 11.65 | 11.49 | 0.207 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 |
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 |
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 |
19 Tue Mar 2024 | 11.54 | 11.21 | 12.46 | 11.18 | 0.497 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal for Sumitomo Mitsui in short term and SELL signal is strong!
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 11.81 and Sumitomo Mitsui (SMFG) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal for Sumitomo Mitsui in short term and SELL signal is strong!
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 11.81 and Sumitomo Mitsui (SMFG) stock is trading below this level. This means that stock is falling with high volumes. 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.