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Sumitomo Corporation SSUMY Price Prediction

$34.65   0.260417%
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Sentiment
BULLISH 61.76%     
     BEARISH 38.24%
SMA 50
$31.87
SMA 200
$27.59
RSI (14)
60.38
Momentum (10)
0.2
MACD (12, 26)
-0.06
Hull Moving Average (9)
$34.84
Price   Prediction

Sumitomo Corporation Price Prediction up to $40.21 by 2031

Year Min. Price Max. Price
2026 $33.92 $40.59
2027 $36.60 $42.14
2028 $30.89 $38.04
2029 $30.93 $34.87
2030 $32.67 $38.87
2031 $37.23 $40.21
2032 $39.52 $44.81
2033 $44.91 $51.60
2034 $50.23 $56.62
2035 $54.48 $64.95

Long-term Sumitomo Corporation price prediction for 2027, 2028, 2029, 2030, 2031, 2032 and 2037

Sumitomo Corporation price prediction 2026

The Sumitomo Corporation price forecast for 2026 suggests that the average price could range between $33.92 on the lower end and $40.59 on the high end. In the stock market, compared to today’s average price, Sumitomo Corporation could potentially gain 17.15% by 2026 if SSUMY reaches the forecast price target.

Sumitomo Corporation price prediction 2027-2032

The SSUMY price prediction for 2027-2032 is currently within a price range of $32.90 on the lower end and $42.16 on the high end. Considering the price volatility in the market, if Sumitomo Corporation reaches the upper price target, it could gain 21.7% by 2032 compared to today’s price.

Sumitomo Corporation Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2027 $36.60 $39.37 $42.14
2028 $30.89 $34.46 $38.04
2029 $30.93 $32.90 $34.87
2030 $32.67 $35.77 $38.87
2031 $37.23 $38.72 $40.21
2032 $39.52 $42.16 $44.81

Sumitomo Corporation price prediction 2032-2037

The Sumitomo Corporation price prediction for 2032-2037 is currently estimated to be between $42.16 on the lower end and $85.59 on the high end. Compared to the current price, Sumitomo Corporation could potentially gain 147.02% by 2037 if it reaches the upper price target. Please note that this information is for general purposes only and should not be considered long-term investment advice.

Sumitomo Corporation Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2032 $39.52 $42.16 $44.81
2033 $44.91 $48.26 $51.60
2034 $50.23 $53.42 $56.62
2035 $54.48 $59.71 $64.95
2036 $62.90 $71.50 $80.10
2037 $77.88 $85.59 $93.29

Sumitomo Corporation potential price histogram

Sumitomo Corporation Price Forecast Based on Technical Analysis

Market Sentiment Indicator
BULLISH 61.76%
BEARISH 38.24%

As of January 10, 2026, the overall price prediction sentiment for Sumitomo Corporation is BULLISH, with 21 technical indicators showing bullish signals and 13 indicating bearish signals. The SSUMY price prediction was last updated on January 10, 2026.

Sumitomo Corporation's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

According to our technical indicators, Sumitomo Corporation's 200-day SMA is projected to INCREASE over the next month, reaching $29.29 by Feb 8, 2026. The short-term 50-day SMA for Sumitomo Corporation is expected to reach $34.27 by Feb 8, 2026.

The Relative Strength Index (RSI) momentum oscillator is a commonly used tool to identify if a stock is oversold (below 30) or overbought (above 70). Right now, the RSI stands at 60.38, suggesting that the SSUMY market is in a NEUTRAL state.

Popular SSUMY Moving Averages and Oscillators for Sat, 10 Jan, 2026

Moving averages (MA) are widely used indicators across financial markets, designed to smooth out price movements over a set period. As lagging indicators, they are based on historical price data. The table below highlights two types: the simple moving average (SMA) and the exponential moving average (EMA).

Daily Simple Moving Average (SMA)

Period Value Action
SMA 3 $34.83 SELL
SMA 5 $34.80 SELL
SMA 10 $34.67 SELL
SMA 21 $33.80 BUY
SMA 50 $31.87 BUY
SMA 100 $30.37 BUY
SMA 200 $27.59 BUY

Daily Exponential Moving Average (EMA)

Period Value Action
EMA 3 $34.70 SELL
EMA 5 $34.73 SELL
EMA 10 $34.56 SELL
EMA 21 $33.83 BUY
EMA 50 $32.30 BUY
EMA 100 $30.59 BUY
EMA 200 $28.41 BUY

Weekly Simple Moving Average (SMA)

Period Value Action
SMA 21 $30.30 BUY
SMA 50 $26.59 BUY
SMA 100 $25.18 BUY
SMA 200 $21.41 BUY

Weekly Exponential Moving Average (EMA)

Period Value Action
EMA 21 $30.53 BUY
EMA 50 $27.82 BUY
EMA 100 $25.42 BUY
EMA 200 $22.48 BUY

Sumitomo Corporation Oscillators

An oscillator is a technical analysis tool that sets high and low boundaries between two extremes, creating a trend indicator that fluctuates within these limits. Traders use this indicator to identify short-term overbought or oversold conditions.

Period Value Action
RSI (14) 60.38 NEUTRAL
Stoch RSI (14) -0.36 BUY
Stochastic Fast (14) 44.54 NEUTRAL
Commodity Channel Index (20) 41.16 NEUTRAL
Average Directional Index (14) 29.07 BUY
Awesome Oscillator (5, 34) 2.14 NEUTRAL
Momentum (10) 0.2 BUY
MACD (12, 26) -0.06 SELL
Williams Percent Range (14) -55.46 NEUTRAL
Ultimate Oscillator (7, 14, 28) 52.72 NEUTRAL
VWMA (10) $34.70 SELL
Hull Moving Average (9) $34.84 SELL
Ichimoku Cloud B/L (9, 26, 52, 26) 0.33 BUY

Sumitomo Corporation forecast and prediction overview

You may ask questions like: "Should I invest in Sumitomo Corporation now?", "Should I buy SSUMY today?", "Will Sumitomo Corporation be a good or bad investment in short-term, long-term period?".

We update Sumitomo Corporation forecast projection regularly with fresh values. Look at our similar predictions. We making a forecast of future prices for huge amounts of assets like Sumitomo Corporation with technical analysis methods.

If you are trying to find stocks with good returns, you should explore the maximum of available sources of information about Sumitomo Corporation in order to make such a responsible decision about the investment by yourself.

Sumitomo Corporation price equal to 34.65 USD USD today, but the price can go both up and down and your investment may be at risk because stocks are subject to market volatility

Sumitomo Corporation short-term forecast

based on 4 hour price history

Sumitomo Corporation long-term forecast

based on 1 month price history

Frequently Asked Questions about Sumitomo Corporation

Is SSUMY a good investment?

The determination to procure Sumitomo Corporation is entirely contingent on your individualistic risk tolerance. As you may discern, Sumitomo Corporation's value has experienced an escalation of 0.26% during the preceding 24 hours, and Sumitomo Corporation has incurred a growth of 12.46% over the prior 30-day duration. Consequently, the determination of whether or not to invest in Sumitomo Corporation will hinge on whether such an investment aligns with your trading aspirations.

Can Sumitomo Corporation rise?

It appears that the mean value of Sumitomo Corporation may potentially surge to $40.59 by the end of this year. Looking at Sumitomo Corporation's prospects in a more extended five-year timeline, the stock could potentially growth to as much as $40.21. However, given the market's unpredictability, it is vital to conduct thorough research before investing any funds into a particular company or asset.

What will the price of Sumitomo Corporation be next week?

Based on the our new experimental Sumitomo Corporation forecast, the price of Sumitomo Corporation will fall by -0.77% over the next week and reach $34.38 by January 17, 2026.

What will the price of Sumitomo Corporation be next month?

Based on the our new experimental Sumitomo Corporation forecast, the price of Sumitomo Corporation will increase by 0.02% over the next month and reach $34.66 by February 9, 2026.

How high can Sumitomo Corporation’s price go this year in 2026?

As per our most recent prediction on Sumitomo Corporation's value in 2026, SSUMY is anticipated to fluctuate within the range of $33.92 and $40.59. However, it is crucial to bear in mind that the stock market is exceptionally unstable, and this projected Sumitomo Corporation price forecast fails to consider sudden and extreme price fluctuations.

Where will Sumitomo Corporation be in 5 years?

Sumitomo Corporation's future appears to be on an upward trend, with an maximum price of $40.21 projected after a period of five years. Based on the Sumitomo Corporation forecast for 2031, Sumitomo Corporation's value may potentially reach its highest peak of approximately $40.21, while its lowest peak is anticipated to be around $37.23.

How much will be Sumitomo Corporation in 2026?

Based on the our new experimental Sumitomo Corporation price prediction simulation, SSUMY’s value in 2026 expected to grow by 17.15% to $40.59 if the best happened. The price will be between $40.59 and $33.92 during 2026.

How much will be Sumitomo Corporation in 2027?

According to our latest experimental simulation for Sumitomo Corporation price prediction, SSUMY’s value could rise by 21.63% to $42.14 in 2027, assuming the most favorable conditions. The price is projected to fluctuate between $42.14 and $36.60 throughout the year.

How much will be Sumitomo Corporation in 2028?

Our new experimental Sumitomo Corporation price prediction model suggests that SSUMY’s value in 2028 could increase by 9.8% , reaching $38.04 in the best-case scenario. The price is expected to range between $38.04 and $30.89 during the year.

How much will be Sumitomo Corporation in 2029?

Based on our experimental forecast model, Sumitomo Corporation's value may experience a 0.65% growth in 2029, potentially reaching $34.87 under optimal conditions. The predicted price range for 2029 lies between $34.87 and $30.93.

How much will be Sumitomo Corporation in 2030?

Using our new experimental simulation for Sumitomo Corporation price predictions, SSUMY’s value in 2030 is expected to rise by 12.19% , reaching $38.87 in the best scenario. The price is forecasted to range between $38.87 and $32.67 over the course of 2030.

How much will be Sumitomo Corporation in 2031?

Our experimental simulation indicates that Sumitomo Corporation’s price could grow by 16.06% in 2031, potentially hitting $40.21 under ideal conditions. The price will likely fluctuate between $40.21 and $37.23 during the year.

How much will be Sumitomo Corporation in 2032?

Based on the findings from our latest experimental Sumitomo Corporation price prediction, SSUMY could see a 29.33% rise in value, reaching $44.81 if the most positive scenario plays out in 2032. The price is expected to stay within a range of $44.81 and $39.52 throughout the year.

How much will be Sumitomo Corporation in 2033?

According to our experimental Sumitomo Corporation price prediction, SSUMY’s value is anticipated to rise by 48.92% in 2033, with the highest potential price being $51.60. Throughout the year, SSUMY’s price could range from $51.60 and $44.91.

How much will be Sumitomo Corporation in 2034?

The results from our new Sumitomo Corporation price prediction simulation suggest that SSUMY may rise by 63.41% in 2034, potentially reaching $56.62 under the best circumstances. The predicted price range for the year is between $56.62 and $50.23.

How much will be Sumitomo Corporation in 2035?

Based on our experimental forecast for Sumitomo Corporation’s price, SSUMY could grow by 87.45% , with the value potentially hitting $64.95 in 2035. The expected price range for the year lies between $64.95 and $54.48.

How much will be Sumitomo Corporation in 2036?

Our recent Sumitomo Corporation price prediction simulation suggests that SSUMY’s value might rise by 131.19% in 2036, possibly reaching $80.10 if conditions are optimal. The expected price range for 2036 is between $80.10 and $62.90.

How much will be Sumitomo Corporation in 2037?

According to the experimental simulation, Sumitomo Corporation’s value could rise by 169.25% in 2037, with a high of $93.29 under favorable conditions. The price is expected to fall between $93.29 and $77.88 over the course of the year.

How to read and predict Sumitomo Corporation price movements?

Sumitomo Corporation traders use indicators and chart patterns to predict market direction. They also identify key support and resistance levels to gauge when a downtrend might slow or an uptrend might stall.

Sumitomo Corporation Price Prediction Indicators

Moving averages are popular tools for Sumitomo Corporation price prediction. A simple moving average (SMA) calculates the average closing price of SSUMY over a specific period, like a 12-day SMA. An exponential moving average (EMA) gives more weight to recent prices, reacting faster to price changes.

Commonly used moving averages in the stock market include the 50-day, 100-day, and 200-day averages, which help identify key resistance and support levels. A SSUMY price move above these averages is seen as bullish, while a drop below indicates weakness.

Traders also use RSI and Fibonacci retracement levels to gauge SSUMY's future direction.

How to read Sumitomo Corporation charts and predict price movements?

Most traders prefer candlestick charts over simple line charts because they provide more detailed information. Candlesticks can represent Sumitomo Corporation's price action in different time frames, such as 5-minute for short-term and weekly for long-term trends. Popular choices include 1-hour, 4-hour, and 1-day charts.

A 1-hour candlestick chart, for instance, shows SSUMY's opening, closing, highest, and lowest prices within each hour. The candle's color is crucial: green indicates the price closed higher than it opened, while red means the opposite. Some charts use hollow and filled candlesticks to convey the same information.

What affects the price of Sumitomo Corporation?

Sumitomo Corporation's price action is driven by supply and demand. Real-world events, such as regulations, company news, or global developments, also impact SSUMY's price. Sumitomo Corporation's market capitalization can change rapidly.

Traders often monitor the activity of SSUMY "whales," large holders of Sumitomo Corporation, as their actions can significantly influence price movements in the relatively small Sumitomo Corporation market.

Bullish and bearish price prediction patterns

Traders often identify candlestick patterns to gain an edge in stock price predictions. Certain formations indicate bullish trends, while others suggest bearish movements.

Commonly followed bullish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers

Common bearish candlestick patterns:

  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man
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