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SUMITOMO MITSUI-SPONS ADR (SMFG) Stock Technical Analysis

NYSE:SMFG - New York Stock Exchange, Inc. - US86562M2098 - ADR

14.98  +0.29 (+1.97%)

After market: 14.69 -0.29 (-1.94%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to SMFG. Both in the recent history as in the last year, SMFG has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
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. On top of that, SMFG also shows a nice and consistent pattern of rising prices.
SMFG is part of the Banks industry. There are 405 other stocks in this industry. SMFG outperforms 94% of them.
SMFG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SMFG is lagging the market slightly.
In the last month SMFG has a been trading in the 13.93 - 15.02 range, which is quite wide. It is currently trading near the high of this range.
SMFG has an average volume of 1285590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
SMFG Weekly chart
SMFG Daily chart
Setup Rating and Analysis

7

SMFG has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

10.99

15.57

3 important support areas can be observed.

  • A support zone ranging from 13.97 to 14.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 13.20 to 13.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @11.10 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @15.06 from a horizontal line in the weekly time frame.
  • Resistance @15.42 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.4
Mansfield0.65
10 Day High15.02
10 Day Low14
20 Day High15.02
20 Day Low13.93
52 Week High15.56
52 Week Low10.1
Performance
1 Week5.2%
2 Weeks3.38%
1 Month7.15%
3 Month21.89%
6 Month7.93%
12 Month48.02%
2 Year71%
3 Year108.35%
5 Year113.39%
10 Year122.26%
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)0.03
RSI(14)58.71
LBB14.08
UBB15.08
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
15.0713.991.08 (7.17%)13.95%
An entry @15.07. This is a Buy Stop order right above the resistance zone.An exit @13.99. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 1.08 points, which is 7.17%.When investing 13.95% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SMFG Daily chart

SUMITOMO MITSUI-SPONS ADR

NYSE:SMFG (1/21/2025, 8:04:00 PM)

After market: 14.69 -0.29 (-1.94%)

14.98

+0.29 (+1.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.97%
1 Week5.2%
2 Weeks3.38%
1 Month7.15%
3 Month21.89%
6 Month7.93%
12 Month48.02%
2 Year71%
3 Year108.35%
5 Year113.39%
10 Year122.26%
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%1.89%
ATR Inc-25.16%
Range Today0.29
ADR(20)0.21
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.4
Mansfield0.65
10 Day High15.02
10 Day Low14
20 Day High15.02
20 Day Low13.93
52 Week High15.56
52 Week Low10.1
CS1 End14.62
CR1 Start15.06
Volume & EV
DER(3)2.1%
DER(5)1.45%
Volume1.30M
Volume Incr-20.06%
Vol(5)1.41M
Vol(50)1.29M