SUMITOMO MITSUI-SPONS ADR (SMFG) Stock Technical Analysis
NYSE:SMFG - New York Stock Exchange, Inc. - US86562M2098 - ADR - Currency: USD
Overall SMFG gets a technical rating of 8 out of 10. Although SMFG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
SMFG is part of the Banks industry. There are 395 other stocks in this industry, of which 62% are performing better than SMFG.
The long and short term trends are both positive. This is looking good!
SMFG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SMFG is performing more or less in line with the market.
SMFG has an average volume of 2313950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SMFG turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
In the last month SMFG has a been trading in the 14.32 - 15.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SMFG also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 15.05, a Stop Loss order could be placed below this zone.
More info and screens
12.05
15.35
When analyzing the support we can see 4 important areas.
- A support zone ranging from 14.75 to 14.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.89 from a trend line in the weekly time frame.
- Support @12.47 from a horizontal line in the daily time frame.
- A support zone ranging from 12.17 to 12.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 15.02 to 15.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SMFG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMFG is up. |
| ChartMill Relative Strength | 58.78 | NEUTRAL | SMFG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SMFG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMFG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SMFG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.64 | NEUTRAL | The RSI value for SMFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SMFG has a negative trend. |
| Stochastics (14,3) | 39.13 | NEUTRAL | The Stochastics value for SMFG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.54 | LOW VOLATILITY | The low ATR as a percentage value for SMFG suggests low volalility. |
| Average Directional Index/ADX (14) | 15.07 | NEGATIVE | The low ADX value for SMFG suggests a weak or negative trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.21 | 14.85 | 0.36 (2.36%) | 25.00% |
| An entry @15.21. This is a Buy Stop order right above the resistance zone. | An exit @14.85. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.36 points, which is 2.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%. |
- 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.
NYSE:SMFG (6/17/2025, 3:29:48 PM)
14.895
-0.17 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.1%
1 Week-1.18%
2 Weeks-2.59%
1 Month4.95%
3 Month-9.93%
6 Month7.04%
12 Month20.19%
2 Year75.12%
3 Year155.25%
5 Year167.97%
10 Year69.4%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.54%
ATR Inc8.49%
Range Today0.12
ADR(20)0.17
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.78
Mansfield0.18
10 Day High15.4
10 Day Low14.86
20 Day High15.5
20 Day Low14.32
52 Week High16.74
52 Week Low10.74
CS1 End15.05
CR1 Start15.07
Volume & EV
DER(3)-1.56%
DER(5)-2.97%
Volume1.24M
Volume Incr-17.39%
Vol(5)1.47M
Vol(50)2.31M