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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 2021-06-02 View latest technical analysis

10 day averaged volume of Somi Convey is 7808

Date Daily Closing Price Open High Low Volume
02 Wed Jun 2021 46.75 49.75 49.75 46.00 1.679 times
01 Tue Jun 2021 47.85 50.15 50.85 47.40 0.451 times
31 Mon May 2021 49.05 49.55 49.55 47.20 0.926 times
28 Fri May 2021 47.90 48.50 49.95 47.00 0.802 times
27 Thu May 2021 48.65 50.40 50.40 48.15 0.466 times
26 Wed May 2021 48.15 48.70 50.85 47.05 2.152 times
25 Tue May 2021 48.70 50.80 50.80 47.75 0.955 times
24 Mon May 2021 50.25 49.00 52.00 49.00 1.116 times
21 Fri May 2021 51.20 51.00 51.95 49.55 0.606 times
20 Thu May 2021 51.85 55.00 55.00 51.00 2.01 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.5, but if it comes above 47.5, then a intra day buy could be more profitable.
If you take a sell trade below 47.5, then use 47.5 as stoploss and 44.6 as target. However if you take a buy trade in stock , then use 47.5 as stoploss and 49.89 as target.

Share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Target 29.30
Downside Target 30.85
Downside Target 33.35
Downside Target 36.20
Downside Target 40.15
Downside Target 45.50
Upside Target 47.00
Upside Target 50.35
Upside Target 50.85
Upside Target 52.00
Upside Target 55.00
Upside Target 58.45

Intraday share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Intraday Target 44.88
Downside Intraday Target 43.02
Upside Intraday Target 49.73
Upside Intraday Target 52.72
Upside Intraday Target 47.87

Weekly technical analysis of Somi Convey (SomiConvey)

Date Weekly Closing Price Open High Low Volume
02 Wed Jun 2021 46.75 49.55 50.85 46.00 0.557 times
28 Fri May 2021 47.90 49.00 52.00 47.00 0.894 times
21 Fri May 2021 51.20 47.90 55.00 45.50 0.583 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

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
02 Wed Jun 2021 46.75 50.15 50.85 46.00 0.068 times
31 Mon May 2021 49.05 41.90 58.45 40.50 4.096 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

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 22, 22, 1 Buy
MACD 4, 6Sell
Stochastics 19Sell
CCI -109Sell
RSI 60Buy
OBV -9159Sell
VWAP 49Sell
ADL 0Sell
ROC -11Sell
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Somi Convey stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Somi Convey Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 49.09 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 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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