(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 8108
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Aug 2022 | 44.85 | 44.65 | 46.15 | 44.15 | 0.308 times |
| 10 Wed Aug 2022 | 44.50 | 46.55 | 46.80 | 43.80 | 0.436 times |
| 08 Mon Aug 2022 | 46.15 | 48.50 | 48.50 | 45.60 | 1.743 times |
| 05 Fri Aug 2022 | 44.00 | 40.00 | 44.50 | 40.00 | 2.266 times |
| 04 Thu Aug 2022 | 40.00 | 41.45 | 41.45 | 39.05 | 0.05 times |
| 03 Wed Aug 2022 | 39.90 | 40.25 | 40.25 | 39.80 | 0.013 times |
| 02 Tue Aug 2022 | 40.30 | 41.85 | 44.40 | 39.50 | 2.824 times |
| 01 Mon Aug 2022 | 41.80 | 39.00 | 41.80 | 38.75 | 2.279 times |
| 30 Sat Jul 2022 | 38.00 | 39.85 | 39.85 | 38.00 | 0.025 times |
| 28 Thu Jul 2022 | 37.05 | 38.25 | 38.40 | 36.65 | 0.349 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.8, but if it comes below 42.8, then a intra day sell could be more profitable.
If you take a sell trade below 42.8, then use 42.8 as stoploss and 38.65 as target. However if you take a buy trade in stock , then use 42.8 as stoploss and 47.7 as target.
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 29.25 |
| Downside Target | 30.25 |
| Downside Target | 31.10 |
| Downside Target | 32.20 |
| Downside Target | 33.20 |
| Downside Target | 36.50 |
| Downside Target | 38.60 |
| Downside Target | 40.20 |
| Downside Target | 43.80 |
| Downside Target | 44.50 |
| Upside Target | 45.00 |
| Upside Target | 48.50 |
Intraday share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Intraday Target | 42.93 |
| Downside Intraday Target | 41.02 |
| Upside Intraday Target | 47.63 |
| Upside Intraday Target | 50.42 |
| Upside Intraday Target | 45.72 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Aug 2022 | 44.85 | 48.50 | 48.50 | 43.80 | 0.335 times |
| 05 Fri Aug 2022 | 44.00 | 39.00 | 44.50 | 38.75 | 13.486 times |
| 30 Sat Jul 2022 | 38.00 | 37.80 | 40.20 | 36.50 | 0.239 times |
| 22 Fri Jul 2022 | 39.00 | 32.20 | 39.65 | 32.20 | 7.268 times |
| 14 Thu Jul 2022 | 31.10 | 32.00 | 33.85 | 31.10 | 0.508 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 |
| 11 Thu Aug 2022 | 44.85 | 39.00 | 48.50 | 38.75 | 2.609 times |
| 30 Sat Jul 2022 | 38.00 | 31.50 | 40.20 | 30.25 | 1.663 times |
| 30 Thu Jun 2022 | 32.25 | 35.40 | 39.40 | 29.25 | 1.079 times |
| 31 Tue May 2022 | 34.60 | 38.00 | 38.60 | 32.30 | 0.255 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 | 44, 10, 63 | Buy |
| MACD | 5, 4 | Buy |
| Stochastics | 72 | Buy |
| CCI | 87 | Buy |
| RSI | 58 | Buy |
| OBV | 39956 | Sell |
| VWAP | 43 | Buy |
| ADL | 0 | Sell |
| ROC | 19 | Buy |
| Force Index | 0 | Sell |
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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 42.63 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.
Click here for Somi Convey charts
Click here for further forecast and predictions for tomorrow