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Sumitomo Stock Price Chart

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and SSUMY is experiencing buying pressure, which is a positive indicator for future bullish movement.

Sumitomo Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 21.09 Sell
20-day SMA: 21.3 Sell
50-day SMA: 22.02 Sell
200-day SMA: 23.88 Sell
8-day EMA: 21.11 Sell
20-day EMA: 21.36 Sell
50-day EMA: 21.94 Sell
200-day EMA: 22.88 Sell

Sumitomo Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): -0.29 Sell
Relative Strength Index (14 RSI): 39.58 Sell
Chaikin Money Flow: 38519 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (21.01 - 21.77) Sell
Bollinger Bands (100): (21.42 - 24.4) Sell

Sumitomo Technical Analysis

Technical Analysis: Buy or Sell?
8-day SMA:
20-day SMA:
50-day SMA:
200-day SMA:
8-day EMA:
20-day EMA:
50-day EMA:
200-day EMA:
MACD (12, 26):
Relative Strength Index (14 RSI):
Bollinger Bands (25):
Bollinger Bands (100):

Technical Analysis for Sumitomo Stock

Is Sumitomo Stock a Buy?

  • Sumitomo share price is 20.93 while SSUMY 8-day simple moving average is 21.09, which is a Sell signal.
  • The stock price of SSUMY is 20.93 while Sumitomo 20-day SMA is 21.30, which makes it a Sell.
  • Sumitomo 50-day simple moving average is 22.02 while SSUMY share price is 20.93, making it a Sell technically.
  • SSUMY stock price is 20.93 and Sumitomo 200-day simple moving average is 23.88, creating a Sell signal.

SSUMY Technical Analysis vs Fundamental Analysis

Sell
31
Sumitomo (SSUMY) is a Sell

Is Sumitomo a Buy or a Sell?

  • Sumitomo stock is rated a Sell
    The current Sumitomo [SSUMY] share price is $20.93. The Score for SSUMY is 31, which is 38% below its historic median score of 50, and infers higher risk than normal.

Sumitomo Stock Info

Market Cap:
25.32B
Price in USD:
20.93
Share Volume:
38.52K

Sumitomo 52-Week Range

52-Week High:
28.90
52-Week Low:
19.00
Sell
31
Sumitomo (SSUMY) is a Sell

Sumitomo Share Price Forecast

  • What is the Sumitomo stock price today?
    The Sumitomo stock price is 20.93 USD today.
  • Will SSUMY stock go up or go down?
    Sumitomo> share price is forecast to RISE/FALL based on technical indicators
  • Is Sumitomo overvalued?
    According to simple moving average, exponential moving average, oscillators, and other technical indicators, Sumitomo is overvalued.

Is Sumitomo Stock a Buy?

  • Sumitomo share price is 20.93 while SSUMY 8-day exponential moving average is 21.11, which is a Sell signal.
  • The stock price of SSUMY is 20.93 while Sumitomo 20-day EMA is 21.36, which makes it a Sell.
  • Sumitomo 50-day exponential moving average is 21.94 while SSUMY share price is 20.93, making it a Sell technically.
  • SSUMY stock price is 20.93 and Sumitomo 200-day simple moving average is 22.88, creating a Sell signal.

Technical Analysis of Sumitomo

Should I short Sumitomo stock?

  • SSUMY Moving Average Covergence Divergence (MACD) indicator is -0.29, suggesting Sumitomo is a Sell
  • Sumitomo Relative Strength Index (RSI) is 39.58, which suggest Sumitomo is oversold
  • The Bollinger Bands (25) for Sumitomo is (21.01 - 21.77), which suggest Sumitomo is a Sell
  • The Bollinger Bands (100) for Sumitomo is (21.42 - 24.4), which suggest Sumitomo is a Sell

* Sumitomo stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.