(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 2022-01-06 View latest technical analysis
10 day averaged volume of Somi Convey is 3798
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jan 2022 | 40.15 | 41.10 | 42.40 | 40.00 | 0.774 times |
| 05 Wed Jan 2022 | 41.10 | 41.30 | 43.35 | 39.35 | 1.887 times |
| 04 Tue Jan 2022 | 41.30 | 41.25 | 41.30 | 40.25 | 0.754 times |
| 03 Mon Jan 2022 | 39.40 | 40.25 | 41.75 | 39.10 | 1.78 times |
| 31 Fri Dec 2021 | 40.25 | 39.60 | 40.90 | 38.55 | 0.428 times |
| 30 Thu Dec 2021 | 39.35 | 42.45 | 42.45 | 39.15 | 2.355 times |
| 29 Wed Dec 2021 | 40.65 | 40.65 | 40.65 | 40.65 | 0.003 times |
| 28 Tue Dec 2021 | 39.75 | 41.00 | 41.00 | 39.65 | 0.298 times |
| 27 Mon Dec 2021 | 39.15 | 37.75 | 40.80 | 37.75 | 0.711 times |
| 24 Fri Dec 2021 | 39.70 | 41.80 | 41.80 | 38.80 | 0.609 times |
My analysis of stock is bearish for shortterm, and stock might move down till 38.6 or till 36.7. Use a stoploss of 40.21 and if the stock hits stoploss, then it can shoot up till 41.83
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 | 42.30 |
| Upside Target | 43.35 |
| Upside Target | 44.45 |
| Upside Target | 45.00 |
| Upside Target | 48.20 |
| Upside Target | 48.30 |
| Upside Target | 53.00 |
| Upside Target | 68.50 |
Intraday share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Intraday Target | 38.38 |
| Downside Intraday Target | 36.62 |
| Upside Intraday Target | 42.63 |
| Upside Intraday Target | 45.12 |
| Upside Intraday Target | 40.87 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jan 2022 | 40.15 | 40.25 | 43.35 | 39.10 | 1.369 times |
| 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 |
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 |
| 06 Thu Jan 2022 | 40.15 | 40.25 | 43.35 | 39.10 | 0.125 times |
| 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 |
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, 13, 27 | Buy |
| MACD | -1, -2 | Buy |
| Stochastics | 59 | None |
| CCI | 72 | Sell |
| RSI | 58 | Buy |
| OBV | -49614 | Sell |
| VWAP | 40 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
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 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 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 Strong 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. Bulls 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 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 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 39.98 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 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 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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