SUMITOMO MITSUI-SPONS ADR (SMFG) Stock Technical Analysis
NYSE:SMFG - New York Stock Exchange, Inc. - US86562M2098 - ADR - Currency: USD
Taking everything into account, SMFG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SMFG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SMFG is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by SMFG over the past year are nicely spread over this period.
SMFG is part of the Banks industry. There are 404 other stocks in this industry. SMFG outperforms 89% of them.
SMFG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SMFG has a been trading in the 14.52 - 15.83 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
SMFG has an average volume of 1575590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SMFG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.32
15.91
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.61 to 15.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.97 to 14.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.45 to 13.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @15.30 from a horizontal line in the weekly time frame.
- Resistance @15.75 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.02
Mansfield0.8
10 Day High15.83
10 Day Low14.52
20 Day High15.83
20 Day Low14.52
52 Week High15.83
52 Week Low10.74
Performance
1 Week3.1%
2 Weeks1.46%
1 Month4.37%
3 Month7.15%
6 Month10.88%
12 Month41.57%
2 Year75.14%
3 Year114.45%
5 Year140.03%
10 Year90.17%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)56.08
LBB14.31
UBB15.78
15.29
-0.34 (-2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.18%
1 Week3.1%
2 Weeks1.46%
1 Month4.37%
3 Month7.15%
6 Month10.88%
12 Month41.57%
2 Year75.14%
3 Year114.45%
5 Year140.03%
10 Year90.17%
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%1.82%
ATR Inc-12.48%
Range Today0.33
ADR(20)0.21
ADR(20)%1.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.02
Mansfield0.8
10 Day High15.83
10 Day Low14.52
20 Day High15.83
20 Day Low14.52
52 Week High15.83
52 Week Low10.74
CS1 End15.09
CR1 Start15.3
Volume & EV
DER(3)0.55%
DER(5)2.65%
Volume992.00K
Volume Incr-5.85%
Vol(5)1.43M
Vol(50)1.58M