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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 2023-01-13 View latest technical analysis

10 day averaged volume of Somi Convey is 1506

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Jan 2023	40.70	40.70	40.70	40.70	0.058 times
12 Thu Jan 2023	41.15	42.85	42.85	40.90	1.837 times
11 Wed Jan 2023	42.65	42.80	42.85	41.65	0.994 times
10 Tue Jan 2023	41.30	40.70	41.55	40.70	0.087 times
09 Mon Jan 2023	42.00	41.75	42.80	41.55	2.707 times
06 Fri Jan 2023	40.90	41.75	42.15	40.70	2.367 times
05 Thu Jan 2023	41.65	41.10	42.00	40.20	0.398 times
04 Wed Jan 2023	42.20	42.25	43.25	41.70	1.135 times
03 Tue Jan 2023	43.65	44.05	44.05	42.20	0.145 times
02 Mon Jan 2023	42.60	42.40	42.60	42.40	0.199 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 40.3 as stoploss in an intra day buy trade for a target of 41.57. However, stock will show a bearish move below 40.3.

Share price targets for Somi Convey (SomiConvey)

Target Type	Value
Downside Target	36.00
Downside Target	37.90
Downside Target	40.20
Upside Target	42.25
Upside Target	43.85
Upside Target	44.05
Upside Target	44.95
Upside Target	46.25
Upside Target	48.60
Upside Target	49.60
Upside Target	61.80

Intraday share price targets for Somi Convey (SomiConvey)

Target Type	Value
Downside Intraday Target	39.98
Downside Intraday Target	39.27
Upside Intraday Target	42.13
Upside Intraday Target	43.57
Upside Intraday Target	41.42

Weekly technical analysis of Somi Convey (SomiConvey)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Jan 2023	40.70	41.75	42.85	40.70	1.339 times
06 Fri Jan 2023	40.90	42.40	44.05	40.20	1.61 times
30 Fri Dec 2022	42.35	36.20	42.90	36.20	0.383 times
23 Fri Dec 2022	38.00	43.35	43.85	37.90	1.361 times
16 Fri Dec 2022	44.00	46.25	46.25	42.25	0.326 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
13 Fri Jan 2023	40.70	42.40	44.05	40.20	0.315 times
30 Fri Dec 2022	42.35	41.15	49.60	36.20	1.055 times
30 Wed Nov 2022	39.25	44.95	44.95	36.00	1.634 times
31 Mon Oct 2022	43.30	41.20	48.60	41.20	0.117 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)

Price action analysis of Somi Convey ( (SomiConvey) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Somi Convey ( (SomiConvey) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Somi Convey ( (SomiConvey) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Somi Convey is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.68 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.