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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 750

Date Daily Closing Price Open High Low Volume
30 Thu Jun 2022 32.25 32.25 32.25 31.50 0.071 times
29 Wed Jun 2022 33.60 33.60 33.60 33.60 0.013 times
28 Tue Jun 2022 32.55 33.10 33.10 32.30 2.497 times
27 Mon Jun 2022 32.80 36.00 36.00 30.10 1.823 times
24 Fri Jun 2022 32.75 33.75 33.75 31.50 1.147 times
23 Thu Jun 2022 31.55 30.45 31.55 30.20 0.383 times
22 Wed Jun 2022 31.25 32.00 32.25 31.25 0.319 times
21 Tue Jun 2022 30.80 30.80 30.80 30.80 0.08 times
20 Mon Jun 2022 30.30 31.20 31.20 29.25 0.368 times
17 Fri Jun 2022 31.45 32.70 32.70 31.00 1.677 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 31.6 as stoploss in an intra day buy trade for a target of 33.45. However, stock will show a bearish move below 31.6.

Share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Target 29.25
Downside Target 30.10
Downside Target 31.00
Downside Target 32.20
Upside Target 33.20
Upside Target 36.00
Upside Target 37.05
Upside Target 38.60
Upside Target 39.40
Upside Target 40.25
Upside Target 45.00
Upside Target 47.50

Intraday share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Intraday Target 29.57
Downside Intraday Target 26.88
Upside Intraday Target 35.47
Upside Intraday Target 38.68
Upside Intraday Target 32.78

Weekly technical analysis of Somi Convey (SomiConvey)

Date Weekly Closing Price Open High Low Volume
30 Thu Jun 2022 32.25 36.00 36.00 30.10 1.918 times
24 Fri Jun 2022 32.75 31.20 33.75 29.25 0.319 times
17 Fri Jun 2022 31.45 36.00 36.00 31.00 0.709 times
10 Fri Jun 2022 37.30 35.70 39.40 32.50 3.839 times
03 Fri Jun 2022 35.80 33.50 36.70 32.50 0.654 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Somi Convey (SomiConvey)

Date Monthly Closing Price Open High Low Volume
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
29 Fri Apr 2022 38.05 33.20 45.00 33.20 1.319 times
31 Thu Mar 2022 33.15 38.00 40.25 32.20 0.285 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 28, 28, 0 Sell
MACD -2, -2Buy
Stochastics 53None
CCI 5Sell
RSI 39Sell
OBV -1109Sell
VWAP 32Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Somi Convey ( (SomiConvey) ) based on a short 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 short 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 short to mid 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Somi Convey in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 32.2 and Somi Convey (SomiConvey) stock is trading above this level. This is a good sign for the stock and it could move higher. 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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