(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 2021-12-31 View latest technical analysis
10 day averaged volume of Somi Convey is 4761
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Dec 2021 | 40.25 | 39.60 | 40.90 | 38.55 | 0.341 times |
| 30 Thu Dec 2021 | 39.35 | 42.45 | 42.45 | 39.15 | 1.879 times |
| 29 Wed Dec 2021 | 40.65 | 40.65 | 40.65 | 40.65 | 0.002 times |
| 28 Tue Dec 2021 | 39.75 | 41.00 | 41.00 | 39.65 | 0.238 times |
| 27 Mon Dec 2021 | 39.15 | 37.75 | 40.80 | 37.75 | 0.567 times |
| 24 Fri Dec 2021 | 39.70 | 41.80 | 41.80 | 38.80 | 0.486 times |
| 23 Thu Dec 2021 | 40.00 | 41.75 | 41.75 | 40.00 | 0.938 times |
| 22 Wed Dec 2021 | 40.75 | 41.35 | 41.80 | 38.75 | 2.081 times |
| 21 Tue Dec 2021 | 40.75 | 41.05 | 43.55 | 40.60 | 1.059 times |
| 20 Mon Dec 2021 | 42.70 | 43.80 | 45.00 | 41.65 | 1.434 times |
My analysis of stock is bullish for shortterm, and stock might move up till 41.7 or till 43.8. Use a stoploss of 39.9 and if this stock hits its stoploss, then it can fall down till 38.15
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 32.05 |
| Downside Target | 35.25 |
| Downside Target | 36.10 |
| Downside Target | 37.30 |
| Downside Target | 38.75 |
| Upside Target | 41.10 |
| Upside Target | 42.30 |
| Upside Target | 44.45 |
| Upside Target | 45.00 |
| Upside Target | 48.20 |
| Upside Target | 48.30 |
| Upside Target | 53.00 |
| Upside Target | 59.90 |
| Upside Target | 68.50 |
Intraday share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Intraday Target | 37.85 |
| Downside Intraday Target | 35.45 |
| Upside Intraday Target | 42.55 |
| Upside Intraday Target | 44.85 |
| Downside Intraday Target | 40.15 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Dec 2021 | 40.25 | 37.75 | 42.45 | 37.75 | 0.505 times |
| 24 Fri Dec 2021 | 39.70 | 43.80 | 45.00 | 38.75 | 1.067 times |
| 17 Fri Dec 2021 | 43.80 | 38.80 | 44.45 | 36.10 | 0.459 times |
| 10 Fri Dec 2021 | 37.55 | 37.00 | 42.30 | 35.25 | 1.65 times |
| 03 Fri Dec 2021 | 35.35 | 39.30 | 39.30 | 32.05 | 1.45 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 |
| 31 Fri Dec 2021 | 40.25 | 35.65 | 45.00 | 32.05 | 2.185 times |
| 30 Tue Nov 2021 | 37.30 | 45.80 | 48.20 | 37.30 | 1.204 times |
| 29 Fri Oct 2021 | 45.80 | 50.90 | 53.00 | 44.70 | 0.253 times |
| 30 Thu Sep 2021 | 50.85 | 59.55 | 68.50 | 48.30 | 1.706 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 | 21, 21, 1 | Buy |
| MACD | -2, -2 | Buy |
| Stochastics | 32 | None |
| CCI | -66 | Sell |
| RSI | 55 | Buy |
| OBV | 13911 | Sell |
| VWAP | 40 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | Sell |
| Force Index | 0 | Sell |
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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 BUY signal for Somi Convey in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
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 but buying is losing 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 40.49 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.
Click here for Somi Convey charts
Click here for further forecast and predictions for tomorrow