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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
Sell
6Bullish
2Neutral
14Bearish
Technical Analysis Consensus
Buy
6Bullish
2Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Sumitomo Corporation’s (8053) Moving Averages Convergence Divergence (MACD) indicator is -9.11, suggesting Sumitomo Corporation is a Buy.
Sumitomo Corporation’s (8053) 20-Day exponential moving average is 3318.28, while Sumitomo Corporation’s (8053) share price is ¥3,306, making it a Sell.
Sumitomo Corporation’s (8053) 50-Day exponential moving average is 3315.90, while Sumitomo Corporation’s (8053) share price is ¥3,306, making it a Sell.

Sumitomo (8053) Pivot Points

Feb 21, 2025, 09:11 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
3,183.00
3,227.00
3,249.00
3,293.00
3,315.00
3,359.00
3,381.00
Fibonacci
3,227.00
3,252.21
3,267.79
3,293.00
3,318.21
3,333.79
3,359.00
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 21, 2025, 09:11 AM
Period
Simple
Exponential
MA5
3,286.20Sell
3,278.09Sell
MA10
3,319.60Sell
3,304.76Sell
MA20
3,335.65Sell
3,318.28Sell
MA50
3,319.74Sell
3,315.90Sell
MA100
3,298.47Sell
3,333.71Sell
MA200
3,497.07Sell
3,466.92Sell
Sumitomo Corporation’s (8053) 10-Day exponential moving average is 3304.76, while Sumitomo Corporation’s (8053) share price is ¥3,306, making it a Sell.
Sumitomo Corporation’s (8053) 100-Day exponential moving average is 3333.71, while Sumitomo Corporation’s (8053) share price is ¥3,306, making it a Sell.
Sumitomo Corporation’s (8053) stock price is ¥3,306 and Sumitomo Corporation’s (8053) 50-day simple moving average is 3319.74, creating a Sell signal.
Sumitomo Corporation’s (8053) stock price is ¥3,306 and Sumitomo Corporation’s (8053) 100-day simple moving average is 3298.47, creating a Sell signal.
Sumitomo Corporation’s (8053) stock price is ¥3,306 and Sumitomo Corporation’s (8053) 200-day simple moving average is 3497.07, creating a Sell signal.

Sumitomo (8053) Technical Indicators

Feb 21, 2025, 09:11 AM
Name
Value
Implied Action
RSI (14)
41.09
Neutral
STOCH (9,6)
12.20
Buy
STOCHRSI (14)
9.57
Buy
MACD (12,26)
-9.11
Buy
ADX (14)
11.65
Buy
Williams %R
-94.19
Buy
CCI (14)
-154.63
Buy
ATR (14)
71.97
-
Ultimate Oscillator
38.34
Neutral
ROC
-3.99
Sell
Sumitomo Corporation’s (8053) Relative Strength Index (RSI) is 41.09, creating a Neutral signal.
Sumitomo Corporation’s (8053) Trend Strength Indicator (ADX) is 11.65, creating a Buy signal.
Sumitomo Corporation’s (8053) Commodity Channel Index (CCI) is -154.63, creating a Buy signal.
Sumitomo Corporation’s (8053) Price Rate of Change (ROC) is -3.99, creating a Sell signal.

FAQ

Is 8053 a Buy, Hold, or Sell?
Based on 8053’s technical indicators, 8053 is a Sell.
    What is 8053’s RSI (14)?
    8053’s RSI (14) is 41.09, which suggests 8053 is a Neutral.
      What is 8053’s MACD?
      8053’s MACD is -9.11, which suggests 8053 is a Buy.
        What is 8053’s 5-day moving average?
        8053’s 5-day moving average is 3286.20, which suggests 8053 is a Sell.
          What is 8053’s 20-day moving average?
          8053 20-day moving average is 3335.65, which suggests 8053 is a Sell.
            What is 8053’s 50-day moving average?
            8053’s 50-day moving average is 3319.74, which suggests 8053 is a Sell.
              What is 8053’s 200-day moving average?
              8053’s 200-day moving average is 3497.07, which suggests 8053 is a Sell.
                What is 8053’s Williams % R (14)?
                8053’s Williams % R (14) is -94.19, which suggests 8053 is a Buy.
                  What is 8053’s CCI (14)?
                  8053’s CCI (14) is -154.63, which suggests 8053 is a Buy.
                    What is the share price of Sumitomo Corporation?
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