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(SomiConvey) Somi Convey complete technical analysis [charts+indicators] | Buy/Sell Somi Convey | (SomiConvey) share price targets

Complete technical analysis of Somi Convey (SomiConvey) by charts plus indicators, forecast predictions and share price targets for Somi Convey (SomiConvey)

10 day averaged volume of Somi Convey is 3115

Date Daily Closing Price Open High Low Volume
19 Tue Oct 2021 49.55 50.10 50.90 49.00 1.008 times
18 Mon Oct 2021 50.85 49.60 51.00 49.50 0.737 times
14 Thu Oct 2021 50.10 50.40 52.50 49.80 1.078 times
13 Wed Oct 2021 51.00 52.70 52.70 50.30 1.186 times
12 Tue Oct 2021 51.85 52.60 52.75 51.00 1.015 times
11 Mon Oct 2021 50.80 52.95 52.95 49.35 1.12 times
08 Fri Oct 2021 51.65 51.80 51.80 50.25 0.265 times
07 Thu Oct 2021 50.40 53.00 53.00 49.40 2.008 times
06 Wed Oct 2021 51.95 52.50 52.95 51.50 0.496 times
05 Tue Oct 2021 52.35 51.70 52.35 50.20 1.195 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.2, but if it comes above 50.2, then a intra day buy could be more profitable.
If you take a sell trade below 50.2, then use 50.2 as stoploss and 48.9 as target. However if you take a buy trade in stock , then use 50.2 as stoploss and 51.26 as target.

Share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Target 41.10
Downside Target 46.00
Downside Target 48.15
Upside Target 50.85
Upside Target 52.95
Upside Target 53.00
Upside Target 55.25
Upside Target 57.00
Upside Target 59.90
Upside Target 63.65
Upside Target 66.30
Upside Target 68.50

Intraday share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Intraday Target 48.7
Downside Intraday Target 47.85
Upside Intraday Target 50.7
Upside Intraday Target 51.85
Upside Intraday Target 49.85

Weekly technical analysis of Somi Convey (SomiConvey)

Date Weekly Closing Price Open High Low Volume
19 Tue Oct 2021 49.55 49.60 51.00 49.00 0.397 times
14 Thu Oct 2021 50.10 52.95 52.95 49.35 0.905 times
08 Fri Oct 2021 51.65 49.00 53.00 48.15 1.658 times
01 Fri Oct 2021 50.60 52.50 53.00 48.30 0.381 times
24 Fri Sep 2021 51.15 52.65 57.00 50.85 1.101 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Somi Convey (SomiConvey)

Date Monthly Closing Price Open High Low Volume
19 Tue Oct 2021 49.55 50.90 53.00 48.15 0.156 times
30 Thu Sep 2021 50.85 59.55 68.50 48.30 1.706 times
31 Tue Aug 2021 57.10 58.55 59.90 41.10 0.697 times
30 Fri Jul 2021 58.30 66.30 66.30 55.25 0.903 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Somi Convey (SomiConvey)

Indicator Name Indicator Value Indicator Signal
ADX 11, 17, 23 Sell
MACD -2, -2Sell
Stochastics 37None
CCI -169Sell
RSI 52Buy
OBV -20250Sell
VWAP 51Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Somi Convey ( (SomiConvey) ) based on a short term time period is

Price action analysis of Somi Convey ( (SomiConvey) ) based on a short term time period is

Price action analysis of Somi Convey ( (SomiConvey) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Somi Convey ( (SomiConvey) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Somi Convey stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Somi Convey in short term and the sell signal is strong.

Somi Convey Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Somi Convey in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Somi Convey is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 50.92 and Somi Convey (SomiConvey) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Somi Convey (SomiConvey) stock. Volume based technical analysis of Somi Convey (SomiConvey) stock is negative.

Somi Convey Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Somi Convey charts

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Daily charts

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Daily chart

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