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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (NYSE:SMFG)

Sidelines Mode (-50) - SMFG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SMFG can gain momentum.

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

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

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

NYSE_SMFG
Open High Low SMFG Price Change
11.390 11.460 11.340 11.435 -0.105
Entry Signal

MarketClub’s Trade Triangles for SMFG

long term up The long-term trend has been UP since Nov 14th, 2022 at 6.450

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 11.465

short term down The short-term trend has been DOWN since May 8th, 2024 at 11.500

Smart Scan Analysis for SMFG

Based on our trend formula, SMFG is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for SMFG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.390 11.460 11.340 11.435 -0.105
Prev. Close Volume Bid Ask Time
11.540 711138 2024-05-08 15:59:36
Year High9.67Year High Date2018-01-16
Year Low7.23Year Low Date2018-11-23
52wk High12.45552wk High Date2024-03-08
52wk Low7.8852wk Low Date2023-05-26
Year End Close7.34Average Volume909,028
Shares Outstanding6,769,514Short Interest587,573
% Institutional1Market Cap47,548M
Assets269,691,834MLiabilities257,345,590M
Beta0.9Volatility27.48
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