(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 2021-07-28 View latest technical analysis
10 day averaged volume of Somi Convey is 4908
|Date||Daily Closing Price||Open||High||Low||Volume|
|28 Wed Jul 2021||57.45||60.70||60.70||57.00||0.526 times|
|27 Tue Jul 2021||57.95||58.05||59.55||57.65||0.216 times|
|26 Mon Jul 2021||58.90||60.15||61.25||58.50||0.884 times|
|23 Fri Jul 2021||60.10||60.80||61.85||59.70||0.398 times|
|22 Thu Jul 2021||59.10||60.00||60.00||57.20||1.508 times|
|20 Tue Jul 2021||58.95||60.40||60.40||58.00||1.182 times|
|19 Mon Jul 2021||59.85||60.75||62.25||59.00||0.628 times|
|16 Fri Jul 2021||60.40||57.15||60.95||57.15||0.864 times|
|15 Thu Jul 2021||60.05||64.30||64.30||59.50||1.829 times|
|14 Wed Jul 2021||61.25||60.65||62.05||60.10||1.142 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.9, but if it comes above 57.9, then a intra day buy could be more profitable.
If you take a sell trade below 57.9, then use 57.9 as stoploss and 55.5 as target. However if you take a buy trade in stock , then use 57.9 as stoploss and 59.89 as target.
Share price targets for Somi Convey (SomiConvey)
Intraday share price targets for Somi Convey (SomiConvey)
|Downside Intraday Target||55.88|
|Downside Intraday Target||54.32|
|Upside Intraday Target||60.13|
|Upside Intraday Target||62.82|
|Upside Intraday Target||58.57|
Weekly technical analysis of Somi Convey (SomiConvey)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|28 Wed Jul 2021||57.45||60.15||61.25||57.00||0.438 times|
|23 Fri Jul 2021||60.10||60.75||62.25||57.20||0.439 times|
|16 Fri Jul 2021||60.40||65.80||65.85||57.15||0.403 times|
|09 Fri Jul 2021||63.10||60.65||63.10||55.25||1.928 times|
|02 Fri Jul 2021||59.95||59.95||66.30||57.00||2.458 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|
|28 Wed Jul 2021||57.45||66.30||66.30||55.25||0.885 times|
|30 Wed Jun 2021||63.15||50.15||63.65||46.00||0.9 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|
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||26, 19, 14||Buy|
Price action analysis of Somi Convey ( (SomiConvey) ) based on a short term time period is
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 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 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 Weak 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 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 buy signal for Somi Convey in short term but BUY signal is weak.
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 59.61 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.