Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

SUMITOMO CORP S/ADR (NASDAQ:SSUMY)

Countertrend Up (+85) - SSUMY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
25.03 25.03 24.25 24.33 +0.16
Entry Signal

MarketClub’s Trade Triangles for SSUMY

long term up The long-term trend has been UP since Nov 14th, 2023 at 21.90

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 24.50

short term up The short-term trend has been UP since Apr 19th, 2024 at 24.95

Smart Scan Analysis for SSUMY

Based on our trend formula, SSUMY is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SSUMY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.03 25.03 24.25 24.33 +0.16
Prev. Close Volume Bid Ask Time
24.17 19603 2024-04-19 15:56:00
Year High18.5Year High Date2018-05-08
Year Low14.71Year Low Date2018-10-29
52wk High25.4252wk High Date2024-04-15
52wk Low17.620152wk Low Date2023-05-02
Year End Close12.86Average Volume45,156
Shares Outstanding1,250,134% Institutional0.1
Assets101,062,520MLiabilities632,673,400M
Beta0.67Volatility21.59
Get a free daily analysis and signals for SUMITOMO CORP S/ADR (SSUMY) - Request Your Free Report.