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(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 2435

Date Daily Closing Price Open High Low Volume
06 Tue Dec 2022 43.00 42.25 43.55 41.25 4.388 times
05 Mon Dec 2022 41.50 40.60 42.80 40.50 0.491 times
02 Fri Dec 2022 41.20 41.15 41.20 41.05 0.872 times
30 Wed Nov 2022 39.25 39.00 40.70 39.00 0.629 times
29 Tue Nov 2022 39.45 37.70 39.50 37.70 0.258 times
28 Mon Nov 2022 38.55 38.00 38.85 37.65 0.681 times
25 Fri Nov 2022 37.95 38.60 38.65 36.45 1.162 times
24 Thu Nov 2022 37.10 37.15 37.15 36.60 0.066 times
23 Wed Nov 2022 36.55 37.50 38.25 36.00 3.853 times
22 Tue Nov 2022 37.50 39.35 39.35 37.30 1.226 times

Stock of Somi Convey (SomiConvey) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42, but if it comes below 42, then a intra day sell could be more profitable.
If you take a sell trade below 42, then use 42 as stoploss and 40.09 as target. However if you take a buy trade in stock , then use 42 as stoploss and 44.3 as target.

Share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Target 36.00
Downside Target 37.65
Downside Target 38.65
Downside Target 40.20
Downside Target 42.90
Upside Target 43.55
Upside Target 44.70
Upside Target 44.95
Upside Target 48.60
Upside Target 54.95
Upside Target 61.80

Intraday share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Intraday Target 41.15
Downside Intraday Target 39.3
Upside Intraday Target 44.2
Upside Intraday Target 45.4
Downside Intraday Target 42.35

Weekly technical analysis of Somi Convey (SomiConvey)

Date Weekly Closing Price Open High Low Volume
06 Tue Dec 2022 43.00 40.60 43.55 40.50 1.999 times
02 Fri Dec 2022 41.20 38.00 41.20 37.65 0.345 times
25 Fri Nov 2022 37.95 40.50 40.50 36.00 1.638 times
18 Fri Nov 2022 39.05 40.90 42.90 38.65 1.133 times
11 Fri Nov 2022 42.45 44.70 44.70 40.20 1.943 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
06 Tue Dec 2022 43.00 41.15 43.55 40.50 0.312 times
30 Wed Nov 2022 39.25 44.95 44.95 36.00 1.693 times
31 Mon Oct 2022 43.30 41.20 48.60 41.20 0.113 times
30 Fri Sep 2022 43.10 52.00 61.80 41.25 1.553 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 29, 14, 36 Buy
MACD -1, -2Buy
Stochastics 91Buy
CCI 138Buy
RSI 59Buy
OBV -15404Sell
VWAP 40Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

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 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 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 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 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 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 39.59 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.

Click here for Somi Convey charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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