(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 2021-06-08 View latest technical analysis
10 day averaged volume of Somi Convey is 6963
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Tue Jun 2021||48.35||49.65||49.65||47.50||0.315 times|
|07 Mon Jun 2021||48.50||53.10||53.10||47.10||0.642 times|
|04 Fri Jun 2021||48.30||48.20||49.25||47.05||0.558 times|
|03 Thu Jun 2021||47.80||48.80||48.80||46.10||0.467 times|
|02 Wed Jun 2021||46.75||49.75||49.75||46.00||1.882 times|
|01 Tue Jun 2021||47.85||50.15||50.85||47.40||0.506 times|
|31 Mon May 2021||49.05||49.55||49.55||47.20||1.039 times|
|28 Fri May 2021||47.90||48.50||49.95||47.00||0.9 times|
|27 Thu May 2021||48.65||50.40||50.40||48.15||0.522 times|
|26 Wed May 2021||48.15||48.70||50.85||47.05||2.414 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 47.5 as stoploss in an intra day buy trade for a target of 49.65. However, stock will show a bearish move below 47.5.
Share price targets for Somi Convey (SomiConvey)
Intraday share price targets for Somi Convey (SomiConvey)
|Downside Intraday Target||45.93|
|Downside Intraday Target||43.52|
|Upside Intraday Target||51.93|
|Upside Intraday Target||55.52|
|Upside Intraday Target||49.52|
Weekly technical analysis of Somi Convey (SomiConvey)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Tue Jun 2021||48.35||53.10||53.10||47.10||0.215 times|
|04 Fri Jun 2021||48.30||49.55||50.85||46.00||0.723 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|
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|
|08 Tue Jun 2021||48.35||50.15||53.10||46.00||0.125 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||27, 14, 31||Buy|
Price action analysis of Somi Convey ( (SomiConvey) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Somi Convey in short term but the sell signal is initial and weak.
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 weakening, and bulls 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 BUY signal in short term and the buying is gaining 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 47.98 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.