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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)

Showing technical analysis as on 2021-05-19 View latest technical analysis

10 day averaged volume of Somi Convey is 16184

Date Daily Closing Price Open High Low Volume
19 Wed May 2021 52.70 52.65 52.70 50.80 0.248 times
18 Tue May 2021 50.20 47.00 50.20 45.50 1.161 times
17 Mon May 2021 47.85 47.90 49.50 47.85 0.292 times
14 Fri May 2021 50.35 51.50 55.45 50.35 0.334 times
12 Wed May 2021 52.95 58.45 58.45 52.95 2.76 times
11 Tue May 2021 55.70 55.70 55.70 55.10 0.978 times
10 Mon May 2021 53.05 52.90 53.05 51.10 1.015 times
07 Fri May 2021 50.55 50.55 50.55 49.00 1.88 times
06 Thu May 2021 48.15 48.15 48.15 48.15 0.383 times
05 Wed May 2021 45.90 45.90 45.90 45.70 0.925 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 51.4, but if it comes below 51.4, then a intra day sell could be more profitable.
If you take a sell trade below 51.4, then use 51.4 as stoploss and 43.94 as target. However if you take a buy trade in stock , then use 51.4 as stoploss and 60.4 as target.

Share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Target 27.50
Downside Target 29.30
Downside Target 30.85
Downside Target 31.65
Downside Target 32.95
Downside Target 35.95
Downside Target 40.15
Downside Target 42.30
Downside Target 45.50
Downside Target 50.35
Downside Target 50.55
Downside Target 52.70
Upside Target 58.45

Intraday share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Intraday Target 47.9
Downside Intraday Target 43.1
Upside Intraday Target 55.1
Upside Intraday Target 57.5
Downside Intraday Target 50.3

Weekly technical analysis of Somi Convey (SomiConvey)

Date Weekly Closing Price Open High Low Volume
19 Wed May 2021 52.70 47.90 52.70 45.50 0.334 times
14 Fri May 2021 50.35 52.90 58.45 50.35 1.287 times
07 Fri May 2021 50.55 41.90 50.55 40.50 2.515 times
30 Fri Apr 2021 40.05 34.85 40.15 32.95 4.921 times
23 Fri Apr 2021 34.65 34.50 35.95 31.65 0.316 times

Price has moved up 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 Wed May 2021 52.70 41.90 58.45 40.50 2.914 times
30 Fri Apr 2021 40.05 31.85 40.15 29.65 0.963 times
31 Wed Mar 2021 31.40 31.05 33.35 29.30 1.162 times
26 Fri Feb 2021 31.85 34.00 36.20 30.85 0.137 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 46, 24, 31 Buy
MACD 8, 8Buy
Stochastics 47None
CCI 33Buy
RSI 58Buy
OBV 84913Sell
VWAP 51Buy
ADL 0Sell
ROC 20Buy
Force Index 0Sell

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 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 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 gaining momentum.

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

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. 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 moving up

CCI has generated a buy signal for Somi Convey in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 51.38 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 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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Daily charts

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Daily chart

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