(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 2022-05-12 View latest technical analysis
10 day averaged volume of Somi Convey is 818
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu May 2022 | 32.95 | 35.65 | 35.65 | 32.30 | 1.004 times |
| 11 Wed May 2022 | 34.00 | 37.20 | 37.20 | 33.75 | 1.285 times |
| 10 Tue May 2022 | 35.45 | 35.40 | 35.45 | 35.25 | 0.177 times |
| 09 Mon May 2022 | 35.05 | 35.05 | 35.05 | 35.05 | 0.244 times |
| 06 Fri May 2022 | 36.05 | 37.50 | 37.50 | 36.00 | 2.2 times |
| 05 Thu May 2022 | 37.55 | 36.20 | 37.55 | 36.20 | 1.529 times |
| 04 Wed May 2022 | 36.85 | 36.40 | 38.60 | 36.40 | 1.243 times |
| 02 Mon May 2022 | 38.20 | 38.00 | 38.50 | 37.25 | 1.042 times |
| 29 Fri Apr 2022 | 38.05 | 38.15 | 38.15 | 38.00 | 0.034 times |
| 28 Thu Apr 2022 | 38.20 | 38.10 | 38.70 | 38.00 | 0.477 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 33.1, for a target of 35.8 or 37.99
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 32.20 |
| Upside Target | 33.20 |
| Upside Target | 36.00 |
| Upside Target | 37.05 |
| Upside Target | 39.00 |
| 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 | 31.1 |
| Downside Intraday Target | 29.25 |
| Upside Intraday Target | 36 |
| Upside Intraday Target | 39.05 |
| Upside Intraday Target | 34.15 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu May 2022 | 32.95 | 35.05 | 37.20 | 32.30 | 0.451 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 |
| 12 Thu May 2022 | 32.95 | 38.00 | 38.60 | 32.30 | 0.106 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 | 17, 27, 21 | Sell |
| MACD | -2, -1 | Sell |
| Stochastics | 8 | Sell |
| CCI | -140 | Sell |
| RSI | 54 | Buy |
| OBV | -13736 | Sell |
| VWAP | 36 | Sell |
| ADL | 0 | Sell |
| ROC | -16 | 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 gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Somi Convey in short term and SELL signal is strong!
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 36.11 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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