Sumitomo Mitsui Financial Group's 15min chart shows RSI Overbought, Bollinger Bands Narrowing.
ByAinvest
Friday, Feb 6, 2026 2:05 pm ET1min read
SMFG--
Sumitomo Mitsui Financial Group's 15-minute chart has triggered an overbought reading on the Relative Strength Index (RSI) and narrowing Bollinger Bands as of February 6, 2026 at 14:00. This suggests that the stock price has risen too quickly and is now above the level of fundamental support, indicating a potential reversal in the near term. Furthermore, the decreasing magnitude of stock price fluctuations may indicate a decrease in volatility.
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