Sumitomo Mitsui Trust Holdings Inc

Sumitomo Mitsui Trust Holdings Inc is a Japan-based company mainly engaged in the financial-related business. The stock is listed on the Tokyo Stock Exchange.

Over the past 7 months, price has formed a rectangle with the horizontal boundary acting as strong resistance around the ¥4,350.00 level. A daily close above ¥4,430.00 will confirm the breakout from the 7-month-long rectangle with a possible chart pattern price target around the ¥4,900.00 level.