SUMITOMO MITSUI-SPONS ADR (SMFG) Stock Technical Analysis
NYSE:SMFG • US86562M2098
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.
- 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 90% of all stocks.
- SMFG is part of the Banks industry. There are 379 other stocks in this industry. SMFG outperforms 94% 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.
- SMFG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- SMFG has an average volume of 2070580 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, the quality of the presented setup is not ideal 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
12.08
5 important support areas can be observed.
- A support zone ranging from 22.84 to 22.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @17.17 from a trend line in the weekly time frame.
- A support zone ranging from 16.22 to 16.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.89 from a horizontal line in the daily time frame.
- Support @12.20 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.81 to 23.81. This zone is formed by a combination of multiple trend lines 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 | 90.43 | POSITIVE | SMFG has a high relative strength, it outperformed 90.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMFG is above 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) | 67 | NEUTRAL | The RSI value for SMFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SMFG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.13 | NEUTRAL | The Stochastics value for SMFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for SMFG suggests some volalility. |
| Average Directional Index/ADX (14) | 36.13 | POSITIVE | The high ADX value value for SMFG suggests a strong trend. |
NYSE:SMFG (2/23/2026, 11:23:09 AM)
23.2
-0.18 (-0.77%)
SUMITOMO MITSUI-SPONS ADR / SMFG FAQ
What is the technical rating for SMFG stock?
ChartMill assigns a technical rating of 10 / 10 to SMFG.
What is the trend direction for SMFG stock?
The current trend direction for SUMITOMO MITSUI-SPONS ADR (SMFG) is Bullish.
What is the RSI signal for SUMITOMO MITSUI-SPONS ADR (SMFG) stock?
SUMITOMO MITSUI-SPONS ADR (SMFG) has an RSI value of 66.9998. This indicates that the stock is currently neutral.
What is the MACD signal for SUMITOMO MITSUI-SPONS ADR (SMFG) stock?
The MACD indicator for SUMITOMO MITSUI-SPONS ADR (SMFG) has a value of 0.0109429, indicating a bearish trend.
What are the support and resistance levels for SUMITOMO MITSUI-SPONS ADR (SMFG) stock?
SUMITOMO MITSUI-SPONS ADR (SMFG) has a support level at 22.91 and a resistance level at 23.81. Check the full technical report for our detailed analysis of SMFG support and resistance levels.