(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 801
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 34.15 | 35.00 | 36.90 | 33.70 | 0.577 times |
| 23 Mon May 2022 | 35.15 | 35.00 | 36.15 | 35.00 | 0.594 times |
| 20 Fri May 2022 | 35.55 | 36.50 | 36.50 | 34.25 | 0.748 times |
| 19 Thu May 2022 | 34.85 | 35.05 | 35.05 | 34.85 | 0.132 times |
| 18 Wed May 2022 | 35.05 | 36.55 | 36.55 | 35.05 | 0.237 times |
| 17 Tue May 2022 | 35.00 | 33.80 | 35.10 | 33.25 | 4.295 times |
| 16 Mon May 2022 | 33.45 | 35.95 | 35.95 | 32.65 | 0.823 times |
| 13 Fri May 2022 | 34.25 | 32.95 | 34.50 | 32.35 | 0.652 times |
| 12 Thu May 2022 | 32.95 | 35.65 | 35.65 | 32.30 | 1.025 times |
| 11 Wed May 2022 | 34.00 | 37.20 | 37.20 | 33.75 | 1.312 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 34 as stoploss in an intra day buy trade for a target of 35.93. However, stock will show a bearish move below 34.
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 32.20 |
| Upside Target | 36.00 |
| Upside Target | 37.85 |
| Upside Target | 38.45 |
| Upside Target | 38.60 |
| Upside Target | 39.85 |
| Upside Target | 40.25 |
| Upside Target | 45.00 |
| Upside Target | 47.50 |
| Upside Target | 48.90 |
Intraday share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Intraday Target | 32.93 |
| Downside Intraday Target | 31.72 |
| Upside Intraday Target | 36.13 |
| Upside Intraday Target | 38.12 |
| Upside Intraday Target | 34.92 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 34.15 | 35.00 | 36.90 | 33.70 | 0.188 times |
| 20 Fri May 2022 | 35.55 | 35.95 | 36.55 | 32.65 | 1.823 times |
| 13 Fri May 2022 | 34.25 | 35.05 | 37.20 | 32.30 | 0.557 times |
| 06 Fri May 2022 | 36.05 | 38.00 | 38.60 | 36.00 | 0.586 times |
| 29 Fri Apr 2022 | 38.05 | 39.10 | 39.85 | 37.85 | 1.393 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 |
| 24 Tue May 2022 | 34.15 | 38.00 | 38.60 | 32.30 | 0.201 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 |
| 28 Mon Feb 2022 | 39.10 | 41.00 | 47.50 | 37.05 | 1.785 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 | 23, 19, 9 | Buy |
| MACD | -2, -2 | Buy |
| Stochastics | 54 | None |
| CCI | 24 | Sell |
| RSI | 55 | Buy |
| OBV | -6483 | Sell |
| VWAP | 35 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Somi Convey ( (SomiConvey) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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
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 BUY signal for Somi Convey in short term but the buy 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. 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 BUY signal in short term but buying is losing 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 34.5 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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