(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 2024-03-22 View latest technical analysis
10 day averaged volume of Sumitomo Mitsui is 1423980
Date | Daily Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 11.91 | 11.91 | 11.94 | 11.86 | 0.689 times |
21 Thu Mar 2024 | 11.71 | 11.76 | 11.82 | 11.71 | 0.722 times |
20 Wed Mar 2024 | 11.67 | 11.54 | 11.67 | 11.51 | 1.735 times |
19 Tue Mar 2024 | 11.54 | 11.54 | 11.57 | 11.49 | 0.49 times |
18 Mon Mar 2024 | 11.63 | 11.61 | 11.65 | 11.58 | 0.594 times |
15 Fri Mar 2024 | 11.52 | 11.49 | 11.58 | 11.47 | 1.434 times |
14 Thu Mar 2024 | 11.60 | 11.64 | 11.68 | 11.57 | 0.793 times |
13 Wed Mar 2024 | 11.74 | 11.68 | 11.74 | 11.65 | 0.721 times |
12 Tue Mar 2024 | 11.77 | 11.71 | 11.82 | 11.68 | 1.135 times |
11 Mon Mar 2024 | 11.87 | 11.80 | 11.87 | 11.73 | 1.157 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.9, but if it comes below 11.9, then a intra day sell could be more profitable.
If you take a sell trade below 11.9, then use 11.9 as stoploss and 11.57 as target. However if you take a buy trade in stock , then use 11.9 as stoploss and 12.3 as target.
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 |
Downside Target | 11.87 |
Upside Target | 11.94 |
Upside Target | 12.46 |
Intraday share price targets for Sumitomo Mitsui (SMFG)
Target Type | Value |
Downside Intraday Target | 11.62 |
Downside Intraday Target | 11.33 |
Upside Intraday Target | 12.07 |
Upside Intraday Target | 12.23 |
Downside Intraday Target | 11.78 |
Weekly technical analysis of Sumitomo Mitsui (SMFG)
Date | Weekly Closing Price | Open | High | Low | Volume |
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 |
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 |
22 Fri Mar 2024 | 11.91 | 11.21 | 12.46 | 11.18 | 0.621 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Sumitomo Mitsui in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sumitomo Mitsui in short term and BUY 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 11.69 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Sumitomo Mitsui in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sumitomo Mitsui in short term and BUY 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 11.69 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 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.