(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 2022-05-18 View latest technical analysis
10 day averaged volume of Somi Convey is 1091
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 35.05 | 36.55 | 36.55 | 35.05 | 0.174 times |
| 17 Tue May 2022 | 35.00 | 33.80 | 35.10 | 33.25 | 3.153 times |
| 16 Mon May 2022 | 33.45 | 35.95 | 35.95 | 32.65 | 0.604 times |
| 13 Fri May 2022 | 34.25 | 32.95 | 34.50 | 32.35 | 0.478 times |
| 12 Thu May 2022 | 32.95 | 35.65 | 35.65 | 32.30 | 0.753 times |
| 11 Wed May 2022 | 34.00 | 37.20 | 37.20 | 33.75 | 0.963 times |
| 10 Tue May 2022 | 35.45 | 35.40 | 35.45 | 35.25 | 0.133 times |
| 09 Mon May 2022 | 35.05 | 35.05 | 35.05 | 35.05 | 0.183 times |
| 06 Fri May 2022 | 36.05 | 37.50 | 37.50 | 36.00 | 1.65 times |
| 05 Thu May 2022 | 37.55 | 36.20 | 37.55 | 36.20 | 1.147 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 34.6 as stoploss in an intra day buy trade for a target of 36.84. However, stock will show a bearish move below 34.6.
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 32.20 |
| Upside Target | 36.00 |
| Upside Target | 38.60 |
| Upside Target | 39.00 |
| Upside Target | 39.85 |
| Upside Target | 40.25 |
| 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 | 32.95 |
| Downside Intraday Target | 30.85 |
| Upside Intraday Target | 36.85 |
| Upside Intraday Target | 38.65 |
| Downside Intraday Target | 34.75 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed May 2022 | 35.05 | 35.95 | 36.55 | 32.65 | 1.566 times |
| 13 Fri May 2022 | 34.25 | 35.05 | 37.20 | 32.30 | 0.557 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 |
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 |
| 18 Wed May 2022 | 35.05 | 38.00 | 38.60 | 32.30 | 0.177 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 | 25, 16, 20 | Buy |
| MACD | -2, -2 | Sell |
| Stochastics | 38 | None |
| CCI | 39 | Buy |
| RSI | 53 | Buy |
| OBV | -8592 | Sell |
| VWAP | 35 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Somi Convey ( (SomiConvey) ) based on a short 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 35.1 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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