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Sumitomo Corporation (JP:8053)
:8053
Japanese Market

Sumitomo (8053) Technical Analysis

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11 Followers

Summary of all the Indicators

Overall Consensus
Buy
15Bullish
2Neutral
5Bearish
Technical Analysis Consensus
Sell
3Bullish
2Neutral
5Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Sumitomo Corporation’s (8053) Moving Averages Convergence Divergence (MACD) indicator is 63.98, suggesting Sumitomo Corporation is a Sell.
Sumitomo Corporation’s (8053) 20-Day exponential moving average is 3395.86, while Sumitomo Corporation’s (8053) share price is ¥3,627, making it a Buy.
Sumitomo Corporation’s (8053) 50-Day exponential moving average is 3350.90, while Sumitomo Corporation’s (8053) share price is ¥3,627, making it a Buy.

Sumitomo (8053) Pivot Points

May 09, 2025, 10:40 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
3,377.00
3,435.00
3,469.00
3,527.00
3,561.00
3,619.00
3,653.00
Fibonacci
3,435.00
3,470.14
3,491.86
3,527.00
3,562.14
3,583.86
3,619.00
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

May 09, 2025, 10:40 AM
Period
Simple
Exponential
MA5
3,537.80Buy
3,535.60Buy
MA10
3,441.50Buy
3,463.97Buy
MA20
3,296.77Buy
3,395.86Buy
MA50
3,359.23Buy
3,350.90Buy
MA100
3,310.53Buy
3,339.66Buy
MA200
3,300.92Buy
3,399.68Buy
Sumitomo Corporation’s (8053) 10-Day exponential moving average is 3463.97, while Sumitomo Corporation’s (8053) share price is ¥3,627, making it a Buy.
Sumitomo Corporation’s (8053) 100-Day exponential moving average is 3339.66, while Sumitomo Corporation’s (8053) share price is ¥3,627, making it a Buy.
Sumitomo Corporation’s (8053) stock price is ¥3,627 and Sumitomo Corporation’s (8053) 50-day simple moving average is 3359.23, creating a Buy signal.
Sumitomo Corporation’s (8053) stock price is ¥3,627 and Sumitomo Corporation’s (8053) 100-day simple moving average is 3310.53, creating a Buy signal.
Sumitomo Corporation’s (8053) stock price is ¥3,627 and Sumitomo Corporation’s (8053) 200-day simple moving average is 3300.92, creating a Buy signal.

Sumitomo (8053) Technical Indicators

May 09, 2025, 10:40 AM
Name
Value
Implied Action
RSI (14)
64.00
Neutral
STOCH (9,6)
88.00
Sell
STOCHRSI (14)
88.44
Sell
MACD (12,26)
63.98
Sell
ADX (14)
17.65
Buy
Williams %R
-1.31
Sell
CCI (14)
136.38
Sell
ATR (14)
107.97
-
Ultimate Oscillator
63.80
Neutral
ROC
12.67
Buy
Sumitomo Corporation’s (8053) Relative Strength Index (RSI) is 64.00, creating a Neutral signal.
Sumitomo Corporation’s (8053) Trend Strength Indicator (ADX) is 17.65, creating a Buy signal.
Sumitomo Corporation’s (8053) Commodity Channel Index (CCI) is 136.38, creating a Sell signal.
Sumitomo Corporation’s (8053) Price Rate of Change (ROC) is 12.67, 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 64.00, which suggests 8053 is a Neutral.
      What is 8053’s MACD?
      8053’s MACD is 63.98, which suggests 8053 is a Sell.
        What is 8053’s 5-day moving average?
        8053’s 5-day moving average is 3537.80, which suggests 8053 is a Buy.
          What is 8053’s 20-day moving average?
          8053 20-day moving average is 3296.77, which suggests 8053 is a Buy.
            What is 8053’s 50-day moving average?
            8053’s 50-day moving average is 3359.23, which suggests 8053 is a Buy.
              What is 8053’s 200-day moving average?
              8053’s 200-day moving average is 3300.92, which suggests 8053 is a Buy.
                What is 8053’s Williams % R (14)?
                8053’s Williams % R (14) is -1.31, which suggests 8053 is a Sell.
                  What is 8053’s CCI (14)?
                  8053’s CCI (14) is 136.38, which suggests 8053 is a Sell.
                    What is the share price of Sumitomo Corporation?
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