SMFG Technical Signal Analysis

SMFG have 2 buy signals and 2 sell signals now. The current trend is consolidation starting from 2025-03-11. The total price change during this trend is +3.96%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of SMFG over last 5 trading day is $13,616,552.53

2 Bullish Signal

vs

2 Bearish Signal

Name

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

0.02

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

0.08

Bullish

Name

Signal

Value

Meaning

Momentum (10 days)

MOM_10 < 0

-0.03

Bearish

Williams %R (14 days)

WILLR_14 > -20

-18.09

Bearish

SMFG Support and Resistance Level

The support levels for SMFG are at 14.85, 14.63, and 14.27, while the resistance levels are at 15.57, 15.79, and 16.15. With the current stock price at 15.48, it is leaning more toward the resistance levels.

SMFG Technical Analysis

Technical Analysis of SMFG Stock

Price Overview:

  • Close: $15.38
  • High: $15.39
  • Low: $15.1211
  • Volume: 999,484

Technical Indicators:

  • RSI: 52.78 (RSI_6), 54.49 (RSI_12), 54.70 (RSI_14)
  • Stochastic Oscillator: %K = 55.19, %D = 57.08
  • MACD: 0.14, MACD Histogram = -0.02, MACD Signal = 0.16
  • Fibonacci Levels:
    • Resistance 1: $15.59
    • Support 1: $15.04
  • Bollinger Bands:
    • BB Lower: $14.22
    • BB Middle: $15.23
    • BB Upper: $16.23
    • BBP: 0.58

Analysis:

The stock is currently trading near the Fibonacci support level of $15.04, with resistance at $15.59. The RSI and Stochastic Oscillator are neutral, indicating no strong momentum. The MACD suggests a weak bullish signal, but the histogram indicates some bearish influence. The stock is near the lower Bollinger Band, which could signal oversold conditions, but the BBP is not extreme.

Recommendation:

Sell at the current price of $15.38, with a target to exit if the stock breaks below the Fibonacci support level of $15.04.

SMFG FAQs

Which bull technical signals does SMFG have?

Bullish technical signals of SMFG include: AO_5_34 > 0, MACD_12_26_9 > 0.

Which bearish technical signals does SMFG have?

How reliable is technical analysis?

How can I use moving averages to set entry and exit points for SMFG stock?

Is SMFG a buy based on overall technical signals summary?

SMFG Buy or Sell

SMFG has 2 buy signals and 2 sell signals now. Overall the technical rating for SMFG is Neutral.

StrongSellSellNeutralBuyStrongBuy
Neutral
Sell
2
Buy
2

SMFG Moving Average

This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 15.48 above the SMA_5. In the short term, the stock shows a negative trend with the 15.19 below the SMA_20. In the mid term, the stock shows a positive trend with the 15.32 above the SMA_60. In the long term, the stock shows a positive trend with the 14.86 above the SMA_200.

Swing

Positive

Stock Price Above SMA_5

Short Term

Negative

SMA_5 Below SMA_20

Mid Term

Positive

SMA_20 Above SMA_60

Long Term

Positive

SMA_60 Above SMA_200

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What do technical indicators suggest about SMFG's current trend?What are SMFG's key support and resistance levels?