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Stock Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

SUMITOMO CORP (NASDAQ:SSUMF)

Bull Market Weakness (+75) - SSUMF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SSUMF as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SSUMF?

MarketClub looks at technical strength and momentum to determine if the timing is right for SSUMF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SSUMF
Open High Low SSUMF Price Change
28.5000 28.5000 27.9345 27.9307 -0.0388
Entry Signal

MarketClub’s Trade Triangles for SSUMF

long term up The long-term trend has been UP since Jan 2nd, 2024 at 22.0000

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 25.0899

short term up The short-term trend has been UP since Apr 29th, 2024 at 24.5750

Smart Scan Analysis for SSUMF

Based on our trend formula, SSUMF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SSUMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.5000 28.5000 27.9345 27.9307 -0.0388
Prev. Close Volume Bid Ask Time
27.9307 7877 2024-05-03 15:55:00
Year High18.21Year High Date2018-01-11
Year Low14.86Year Low Date2018-10-25
52wk High28.12952wk High Date2024-05-02
52wk Low18.05552wk Low Date2023-05-04
Year End Close12.6Average Volume1,075
Shares Outstanding1,250,134% Institutional17.6
Assets101,062,520MLiabilities632,673,400M
Beta0.47Volatility34.52
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