Technical analysis

Beta
Sumitomo Corporation8053.T
1,699.50 JPY
-1.02% Since previous close
As of Oct 8, 2026

Trend assessment

Neutral
SellScore 35

Overall assessment

Neutral
SellScore 28

Momentum assessment

Neutral
SellScore 21

AI analysis

Overall assessmentSell
Preparing AI analysis.

Trend

Buy and Sell describe the current technical assessment, not a new crossover or an instruction to trade.
IndicatorCurrent value or positionStatus
Moving-average structure
Moving-average mean spread0.89%Neutral
Close versus MA 200-54.03Sell
Trend direction and strength
MA 200 slope-7.61Sell
MACD zero-line position-13.59Sell
ADX strength and DI directionWeak
Distance from Ichimoku cloud center1.03Neutral
90-day linear regression0.36Moderate
Vortex oscillator-0.19Sell
Supertrend0.2Buy
Weekly structure
Weekly moving-average mean spread-35.15%Sell
Relative strength
3M relative-strength country large-cap percentile68.69Buy
Mansfield relative strength-65.51%Sell
RS line 52-week position3.61Sell

Momentum

Buy and Sell describe the current technical assessment, not a new crossover or an instruction to trade.
IndicatorCurrent value or positionStatus
Oscillators
RSI 1440.83Neutral
Weekly RSI 1429.88Oversold
Bollinger %B0.03Inside bands
CCI 20-164.63Sell
Rate of change
12–1M momentum country large-cap percentile0Sell
20-day return country large-cap percentile12.12Sell
MACD histogram-12.08Sell
Aroon oscillator-79.17Sell
Position
52-week position5.23Sell
Donchian 20 position14.89Sell
Volume
OBV 20-day slope-0.31Sell
Up-day/down-day volume ratio0.55Sell
Chaikin Money Flow 20-0.12Sell
Force Index 13-108248302.75Sell

Technical events

Last 60 trading days
EventOccurredCurrent condition
Break below prior 20-day lowMaintained
MACD / zero line Downward crossMaintained
Close / SMA 50 Downward crossMaintained
Bollinger lower-band reentryMaintained
Bollinger lower-band exitNo longer holds
Close / SMA 20 Downward crossMaintained

Pivot points

Reference prices calculated from the previous period’s high, low and close.

LevelPriceClose position
R31,793.17Below
R21,777.33Below
R11,747.17Below
P1,731.33Below
S11,701.17Below
S21,685.33Above
S31,655.17Above

Indicator chart

Indicator to chart

RSI

40.83
RSI

Hover over a chart, or focus it and use the arrow keys, to inspect values by date.

Frequently asked questions

Does the current technical analysis of Sumitomo Corporation indicate buy or sell?

The reference date is October 8, 2026. The composite score is 27.9/100, and the final technical assessment is Sell. This analysis is for reference only, not investment advice or a recommendation to buy or sell.

What signals do the moving averages of Sumitomo Corporation show?

Available directional ratings for SMA and EMA 5, 10, 20, 50, 100 and 200: 0 buy, 1 neutral, 11 sell.

How are the trend and momentum of Sumitomo Corporation assessed?

The trend score is 34.8/100 (Sell), and the momentum score is 20.9/100 (Sell). Available directional ratings of indicators included in the momentum score: 0 buy, 0 neutral, 11 sell.

What is the 14-day RSI of Sumitomo Corporation?

The 14-day RSI is 40.83. Observed condition: Outside the overbought and oversold ranges. Existing directional rating: The value is unavailable.

What is the current MACD condition of Sumitomo Corporation?

MACD is -13.59, the signal is -1.51, and the histogram is -12.08. MACD relative to the signal line: Below.

Is the price of Sumitomo Corporation above its main moving averages?

The close is 1,699.5 JPY. SMA 20 is 1,777.85 JPY; the close relative to it is Below; SMA 50 is 1,750.45 JPY; the close relative to it is Below; SMA 200 is 3,697.31 JPY; the close relative to it is Below.

Where is the price of Sumitomo Corporation within its Bollinger bands?

The upper band is 1,861.35 JPY, the lower band is 1,694.35 JPY, and the close is 1,699.5 JPY. Close position: Inside the bands.

What are the reference support and resistance levels for Sumitomo Corporation?

Daily traditional pivot levels are support S1 1,701.17 JPY, pivot P 1,731.33 JPY, and resistance R1 1,747.17 JPY. Currency: JPY. Source period: October 7, 2026.

What recent technical signal changes occurred for Sumitomo Corporation?

The most recent confirmed event in the last 60 trading days is Break below prior 20-day low on October 7, 2026. Current condition: Maintained.

When is the analysis of Sumitomo Corporation dated, and is it real time?

The analysis reference date is October 8, 2026. This is not a real-time price analysis.

The information on this page is for reference only and is not investment advice or a recommendation to buy or sell. Investors are responsible for their investment decisions and the resulting outcomes.