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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)

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, -2Sell
Stochastics 38None
CCI 39Buy
RSI 53Buy
OBV -8592Sell
VWAP 35Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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.

Click here for Somi Convey charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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