(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 2022-01-12 View latest technical analysis
10 day averaged volume of Somi Convey is 5436
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jan 2022 | 45.05 | 41.70 | 45.40 | 41.70 | 2.581 times |
| 11 Tue Jan 2022 | 43.25 | 41.60 | 43.35 | 41.45 | 1.977 times |
| 10 Mon Jan 2022 | 41.30 | 41.85 | 41.85 | 40.05 | 2.229 times |
| 07 Fri Jan 2022 | 40.55 | 41.15 | 41.15 | 40.30 | 0.218 times |
| 06 Thu Jan 2022 | 40.15 | 41.10 | 42.40 | 40.00 | 0.54 times |
| 05 Wed Jan 2022 | 41.10 | 41.30 | 43.35 | 39.35 | 1.318 times |
| 04 Tue Jan 2022 | 41.30 | 41.25 | 41.30 | 40.25 | 0.527 times |
| 03 Mon Jan 2022 | 39.40 | 40.25 | 41.75 | 39.10 | 1.244 times |
| 31 Fri Dec 2021 | 40.25 | 39.60 | 40.90 | 38.55 | 0.299 times |
| 30 Thu Dec 2021 | 39.35 | 42.45 | 42.45 | 39.15 | 1.645 times |
Stock of Somi Convey (SomiConvey) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 44.5, for a target of 42.6 or 41.07
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 32.05 |
| Downside Target | 36.10 |
| Downside Target | 37.30 |
| Downside Target | 38.75 |
| Downside Target | 40.05 |
| Downside Target | 42.45 |
| Downside Target | 43.35 |
| Downside Target | 44.45 |
| Upside Target | 45.40 |
| 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 | 41.6 |
| Downside Intraday Target | 38.15 |
| Upside Intraday Target | 46.95 |
| Upside Intraday Target | 48.85 |
| Downside Intraday Target | 43.5 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jan 2022 | 45.05 | 41.85 | 45.40 | 40.05 | 1.764 times |
| 07 Fri Jan 2022 | 40.55 | 40.25 | 43.35 | 39.10 | 1.451 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Somi Convey (SomiConvey)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Wed Jan 2022 | 45.05 | 40.25 | 45.40 | 39.10 | 0.367 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 up 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 | 32, 9, 55 | Buy |
| MACD | 0, -1 | Buy |
| Stochastics | 83 | Buy |
| CCI | 215 | Buy |
| RSI | 58 | Buy |
| OBV | 15226 | Sell |
| VWAP | 42 | Buy |
| ADL | 0 | Sell |
| ROC | 11 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Somi Convey ( (SomiConvey) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 stronger in this stock.
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 buy signal for Somi Convey in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 41.82 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.
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