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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

SUMITOMO CORP S/ADR (NASDAQ:SSUMY)

Long-Term Downtrend (-90) - SSUMY is in a strong downtrend that is likely to continue. While SSUMY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_SSUMY
Open High Low SSUMY Price Change
20.40 21.09 20.40 21.02 -0.15
Entry Signal

MarketClub’s Trade Triangles for SSUMY

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 23.64

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 22.11

short term down The short-term trend has been DOWN since Nov 11th, 2024 at 21.48

Smart Scan Analysis for SSUMY

Based on our trend formula, SSUMY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SSUMY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.40 21.09 20.40 21.02 -0.15
Prev. Close Volume Bid Ask Time
21.02 77753 2024-11-19 15:51:00
Year High18.5Year High Date2018-05-08
Year Low14.71Year Low Date2018-10-29
52wk High28.952wk High Date2024-05-06
52wk Low1952wk Low Date2024-08-05
Year End Close12.86Average Volume72,199
Shares Outstanding1,250,134% Institutional0.1
Assets110,325,830MLiabilities658,708,900M
Beta0.67Volatility21.59
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