(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 2526
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Nov 2022 | 37.95 | 38.60 | 38.65 | 36.45 | 1.12 times |
| 24 Thu Nov 2022 | 37.10 | 37.15 | 37.15 | 36.60 | 0.064 times |
| 23 Wed Nov 2022 | 36.55 | 37.50 | 38.25 | 36.00 | 3.714 times |
| 22 Tue Nov 2022 | 37.50 | 39.35 | 39.35 | 37.30 | 1.182 times |
| 21 Mon Nov 2022 | 38.15 | 40.50 | 40.50 | 37.75 | 0.735 times |
| 18 Fri Nov 2022 | 39.05 | 40.45 | 40.55 | 38.65 | 1.253 times |
| 17 Thu Nov 2022 | 40.45 | 40.45 | 40.65 | 40.00 | 0.768 times |
| 16 Wed Nov 2022 | 40.60 | 41.35 | 41.75 | 40.50 | 0.533 times |
| 15 Tue Nov 2022 | 41.35 | 41.40 | 41.45 | 40.20 | 0.735 times |
| 14 Mon Nov 2022 | 41.45 | 40.90 | 42.90 | 40.90 | 0.872 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.6, but if it comes above 38.6, then a intra day buy could be more profitable.
If you take a sell trade below 38.6, then use 38.6 as stoploss and 35.7 as target. However if you take a buy trade in stock , then use 38.6 as stoploss and 40.97 as target.
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 30.25 |
| Downside Target | 36.00 |
| Upside Target | 38.65 |
| Upside Target | 40.20 |
| Upside Target | 42.90 |
| 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 | 35.8 |
| Downside Intraday Target | 33.65 |
| Upside Intraday Target | 40.3 |
| Upside Intraday Target | 42.65 |
| Upside Intraday Target | 38.15 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 04 Fri Nov 2022 | 43.15 | 43.05 | 44.95 | 41.75 | 0.739 times |
| 28 Fri Oct 2022 | 44.70 | 44.45 | 44.95 | 42.50 | 1.026 times |
Price has moved down 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 |
| 25 Fri Nov 2022 | 37.95 | 44.95 | 44.95 | 36.00 | 1.549 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 |
| 30 Tue Aug 2022 | 48.80 | 39.00 | 54.95 | 38.75 | 4.926 times |
Scroll below to view daily charts
Price has moved down 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 | 15, 26, 26 | Sell |
| MACD | -3, -3 | Sell |
| Stochastics | 17 | Sell |
| CCI | -67 | Buy |
| RSI | 57 | Buy |
| OBV | -36045 | Sell |
| VWAP | 38 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Somi Convey ( (SomiConvey) ) based on a short 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 short 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Somi Convey in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Somi Convey in short term but BUY signal is weak.
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 38.37 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.
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