(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 6572
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Aug 2022 | 43.00 | 44.15 | 44.15 | 43.00 | 0.418 times |
| 17 Wed Aug 2022 | 42.50 | 42.85 | 44.15 | 42.00 | 0.332 times |
| 16 Tue Aug 2022 | 42.95 | 43.00 | 43.90 | 42.50 | 0.114 times |
| 12 Fri Aug 2022 | 44.20 | 45.25 | 45.90 | 44.15 | 0.128 times |
| 11 Thu Aug 2022 | 44.85 | 44.65 | 46.15 | 44.15 | 0.381 times |
| 10 Wed Aug 2022 | 44.50 | 46.55 | 46.80 | 43.80 | 0.537 times |
| 08 Mon Aug 2022 | 46.15 | 48.50 | 48.50 | 45.60 | 2.15 times |
| 05 Fri Aug 2022 | 44.00 | 40.00 | 44.50 | 40.00 | 2.795 times |
| 04 Thu Aug 2022 | 40.00 | 41.45 | 41.45 | 39.05 | 0.062 times |
| 03 Wed Aug 2022 | 39.90 | 40.25 | 40.25 | 39.80 | 0.016 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 43.8 as stoploss in an intra day sell trade for a target of 40.75. However, stock will show a bullish move above 43.8.
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 29.25 |
| Downside Target | 30.25 |
| Downside Target | 32.20 |
| Downside Target | 33.20 |
| Downside Target | 36.50 |
| Downside Target | 38.60 |
| Downside Target | 42.00 |
| Upside Target | 43.80 |
| Upside Target | 44.15 |
| Upside Target | 44.50 |
| Upside Target | 45.00 |
| Upside Target | 48.50 |
Intraday share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Intraday Target | 41.95 |
| Downside Intraday Target | 40.9 |
| Upside Intraday Target | 44.1 |
| Upside Intraday Target | 45.2 |
| Upside Intraday Target | 43.05 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Aug 2022 | 43.00 | 43.00 | 44.15 | 42.00 | 0.27 times |
| 12 Fri Aug 2022 | 44.20 | 48.50 | 48.50 | 43.80 | 0.349 times |
| 05 Fri Aug 2022 | 44.00 | 39.00 | 44.50 | 38.75 | 13.486 times |
| 30 Sat Jul 2022 | 38.00 | 37.80 | 40.20 | 36.50 | 0.239 times |
| 22 Fri Jul 2022 | 39.00 | 32.20 | 39.65 | 32.20 | 7.268 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 |
| 18 Thu Aug 2022 | 43.00 | 39.00 | 48.50 | 38.75 | 2.821 times |
| 30 Sat Jul 2022 | 38.00 | 31.50 | 40.20 | 30.25 | 1.663 times |
| 30 Thu Jun 2022 | 32.25 | 35.40 | 39.40 | 29.25 | 1.079 times |
| 31 Tue May 2022 | 34.60 | 38.00 | 38.60 | 32.30 | 0.255 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Somi Convey (SomiConvey)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 32, 15, 38 | Buy |
| MACD | 4, 4 | Buy |
| Stochastics | 40 | None |
| CCI | -0 | Buy |
| RSI | 58 | Buy |
| OBV | 40822 | Sell |
| VWAP | 45 | Sell |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Somi Convey ( (SomiConvey) ) based on a short 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.
Price action analysis of Somi Convey ( (SomiConvey) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Somi Convey ( (SomiConvey) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Somi Convey ( (SomiConvey) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Somi Convey stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Somi Convey in short term and the buy 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Somi Convey in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Somi Convey is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 44.56 and Somi Convey (SomiConvey) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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