Sumitomo Mitsui Trust Stock Technical Analysis

SUTNY Stock  USD 4.17  0.01  0.24%   
As of the 19th of April, Sumitomo Mitsui has the Semi Deviation of 1.6, risk adjusted performance of 0.0349, and Coefficient Of Variation of 2160.87. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sumitomo Mitsui Trust, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Sumitomo Mitsui Trust, which can be compared to its competition. Please validate Sumitomo Mitsui Trust value at risk, and the relationship between the jensen alpha and semi variance to decide if Sumitomo Mitsui is priced more or less accurately, providing market reflects its prevalent price of 4.17 per share. Given that Sumitomo Mitsui Trust has jensen alpha of 0.047, we advise you to double-check Sumitomo Mitsui Trust's current market performance to make sure the company can sustain itself at a future point.

Sumitomo Mitsui Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sumitomo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Sumitomo
  
Sumitomo Mitsui's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Sumitomo Mitsui technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Sumitomo Mitsui technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sumitomo Mitsui trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Sumitomo Mitsui Trust Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Sumitomo Mitsui Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sumitomo Mitsui Trust Trend Analysis

Use this graph to draw trend lines for Sumitomo Mitsui Trust. You can use it to identify possible trend reversals for Sumitomo Mitsui as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Sumitomo Mitsui price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Sumitomo Mitsui Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sumitomo Mitsui Trust applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Sumitomo Mitsui Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.63, which is the sum of squared deviations for the predicted Sumitomo Mitsui price change compared to its average price change.

About Sumitomo Mitsui Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Sumitomo Mitsui Trust on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Sumitomo Mitsui Trust based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sumitomo Mitsui Trust price pattern first instead of the macroeconomic environment surrounding Sumitomo Mitsui Trust. By analyzing Sumitomo Mitsui's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Sumitomo Mitsui's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Sumitomo Mitsui specific price patterns or momentum indicators. Please read more on our technical analysis page.

Sumitomo Mitsui April 19, 2024 Technical Indicators

Most technical analysis of Sumitomo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Sumitomo from various momentum indicators to cycle indicators. When you analyze Sumitomo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Mitsui Trust. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Sumitomo Pink Sheet analysis

When running Sumitomo Mitsui's price analysis, check to measure Sumitomo Mitsui's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sumitomo Mitsui is operating at the current time. Most of Sumitomo Mitsui's value examination focuses on studying past and present price action to predict the probability of Sumitomo Mitsui's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumitomo Mitsui's price. Additionally, you may evaluate how the addition of Sumitomo Mitsui to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Sumitomo Mitsui's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sumitomo Mitsui is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sumitomo Mitsui's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.