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Sumitomo Corporation (JP:8053)
:8053
Japanese Market

Sumitomo (8053) Technical Analysis

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2 Followers

Summary of all the Indicators

Overall Consensus
Buy
14Bullish
3Neutral
5Bearish
Technical Analysis Consensus
Sell
3Bullish
3Neutral
4Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Sumitomo Corporation’s (8053) Moving Averages Convergence Divergence (MACD) indicator is 19.96, suggesting Sumitomo Corporation is a Sell.
Sumitomo Corporation’s (8053) 20-Day exponential moving average is 3323.99, while Sumitomo Corporation’s (8053) share price is ¥3,489, making it a Buy.
Sumitomo Corporation’s (8053) 50-Day exponential moving average is 3310.25, while Sumitomo Corporation’s (8053) share price is ¥3,489, making it a Buy.

Sumitomo (8053) Pivot Points

Feb 05, 2025, 11:53 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
3,232.67
3,253.33
3,279.67
3,300.33
3,326.67
3,347.33
3,373.67
Fibonacci
3,253.33
3,271.29
3,282.38
3,300.33
3,318.29
3,329.38
3,347.33
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Sumitomo (8053) Moving Averages

Feb 05, 2025, 11:53 PM
Period
Simple
Exponential
MA5
3,366.60Buy
3,380.31Buy
MA10
3,330.80Buy
3,345.88Buy
MA20
3,301.80Buy
3,323.99Buy
MA50
3,301.32Buy
3,310.25Buy
MA100
3,276.13Buy
3,333.27Buy
MA200
3,518.80Sell
3,464.60Buy
Sumitomo Corporation’s (8053) 10-Day exponential moving average is 3345.88, while Sumitomo Corporation’s (8053) share price is ¥3,489, making it a Buy.
Sumitomo Corporation’s (8053) 100-Day exponential moving average is 3333.27, while Sumitomo Corporation’s (8053) share price is ¥3,489, making it a Buy.
Sumitomo Corporation’s (8053) stock price is ¥3,489 and Sumitomo Corporation’s (8053) 50-day simple moving average is 3301.32, creating a Buy signal.
Sumitomo Corporation’s (8053) stock price is ¥3,489 and Sumitomo Corporation’s (8053) 100-day simple moving average is 3276.13, creating a Buy signal.
Sumitomo Corporation’s (8053) stock price is ¥3,489 and Sumitomo Corporation’s (8053) 200-day simple moving average is 3518.80, creating a Sell signal.

Sumitomo (8053) Technical Indicators

Feb 05, 2025, 11:53 PM
Name
Value
Implied Action
RSI (14)
68.36
Neutral
STOCH (9,6)
77.08
Neutral
STOCHRSI (14)
84.71
Sell
MACD (12,26)
19.96
Sell
ADX (14)
11.99
Buy
Williams %R
-7.06
Sell
CCI (14)
176.53
Sell
ATR (14)
68.04
-
Ultimate Oscillator
62.92
Neutral
ROC
8.12
Buy
Sumitomo Corporation’s (8053) Relative Strength Index (RSI) is 68.36, creating a Neutral signal.
Sumitomo Corporation’s (8053) Trend Strength Indicator (ADX) is 11.99, creating a Buy signal.
Sumitomo Corporation’s (8053) Commodity Channel Index (CCI) is 176.53, creating a Sell signal.
Sumitomo Corporation’s (8053) Price Rate of Change (ROC) is 8.12, creating a Buy signal.

FAQ

Is 8053 a Buy, Hold, or Sell?
Based on 8053’s technical indicators, 8053 is a Buy.
    What is 8053’s RSI (14)?
    8053’s RSI (14) is 68.36, which suggests 8053 is a Neutral.
      What is 8053’s MACD?
      8053’s MACD is 19.96, which suggests 8053 is a Sell.
        What is 8053’s 5-day moving average?
        8053’s 5-day moving average is 3366.60, which suggests 8053 is a Buy.
          What is 8053’s 20-day moving average?
          8053 20-day moving average is 3301.80, which suggests 8053 is a Buy.
            What is 8053’s 50-day moving average?
            8053’s 50-day moving average is 3301.32, which suggests 8053 is a Buy.
              What is 8053’s 200-day moving average?
              8053’s 200-day moving average is 3518.80, which suggests 8053 is a Sell.
                What is 8053’s Williams % R (14)?
                8053’s Williams % R (14) is -7.06, which suggests 8053 is a Sell.
                  What is 8053’s CCI (14)?
                  8053’s CCI (14) is 176.53, which suggests 8053 is a Sell.
                    What is the share price of Sumitomo Corporation?
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