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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 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, -3Sell
Stochastics 17Sell
CCI -67Buy
RSI 57Buy
OBV -36045Sell
VWAP 38Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

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.

Click here for Somi Convey charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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