(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 2022-05-10 View latest technical analysis
10 day averaged volume of Somi Convey is 1352
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue May 2022 | 35.45 | 35.40 | 35.45 | 35.25 | 0.107 times |
| 09 Mon May 2022 | 35.05 | 35.05 | 35.05 | 35.05 | 0.148 times |
| 06 Fri May 2022 | 36.05 | 37.50 | 37.50 | 36.00 | 1.331 times |
| 05 Thu May 2022 | 37.55 | 36.20 | 37.55 | 36.20 | 0.925 times |
| 04 Wed May 2022 | 36.85 | 36.40 | 38.60 | 36.40 | 0.752 times |
| 02 Mon May 2022 | 38.20 | 38.00 | 38.50 | 37.25 | 0.63 times |
| 29 Fri Apr 2022 | 38.05 | 38.15 | 38.15 | 38.00 | 0.021 times |
| 28 Thu Apr 2022 | 38.20 | 38.10 | 38.70 | 38.00 | 0.288 times |
| 27 Wed Apr 2022 | 39.00 | 39.85 | 39.85 | 38.10 | 1.067 times |
| 26 Tue Apr 2022 | 39.85 | 39.80 | 39.85 | 38.60 | 0.559 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 34.9, for a target of 37 or 38.75
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 32.20 |
| Downside Target | 33.20 |
| Downside Target | 35.05 |
| Upside Target | 37.05 |
| Upside Target | 37.85 |
| Upside Target | 39.85 |
| Upside Target | 40.25 |
| Upside Target | 41.65 |
| Upside Target | 41.80 |
| Upside Target | 45.00 |
| Upside Target | 47.50 |
| Upside Target | 48.90 |
Intraday share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Intraday Target | 35.18 |
| Downside Intraday Target | 34.92 |
| Upside Intraday Target | 35.58 |
| Upside Intraday Target | 35.72 |
| Downside Intraday Target | 35.32 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue May 2022 | 35.45 | 35.05 | 35.45 | 35.05 | 0.07 times |
| 06 Fri May 2022 | 36.05 | 38.00 | 38.60 | 36.00 | 0.586 times |
| 29 Fri Apr 2022 | 38.05 | 39.10 | 39.85 | 37.85 | 1.393 times |
| 22 Fri Apr 2022 | 39.80 | 40.45 | 41.80 | 39.00 | 2.129 times |
| 13 Wed Apr 2022 | 40.15 | 41.50 | 41.65 | 38.30 | 0.057 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 |
| 10 Tue May 2022 | 35.45 | 38.00 | 38.60 | 35.05 | 0.078 times |
| 29 Fri Apr 2022 | 38.05 | 33.20 | 45.00 | 33.20 | 1.319 times |
| 31 Thu Mar 2022 | 33.15 | 38.00 | 40.25 | 32.20 | 0.285 times |
| 28 Mon Feb 2022 | 39.10 | 41.00 | 47.50 | 37.05 | 1.785 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 | 14, 29, 33 | Sell |
| MACD | -2, -1 | Sell |
| Stochastics | 3 | Sell |
| CCI | -118 | Buy |
| RSI | 55 | Buy |
| OBV | -22508 | Sell |
| VWAP | 38 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | 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.
Somi Convey Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 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 37.61 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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