(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 2023-01-24 View latest technical analysis
10 day averaged volume of Somi Convey is 1148
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 40.10 | 41.10 | 41.10 | 40.10 | 0.215 times |
| 23 Mon Jan 2023 | 40.40 | 40.90 | 40.90 | 39.50 | 0.091 times |
| 20 Fri Jan 2023 | 39.80 | 40.90 | 40.95 | 39.80 | 0.506 times |
| 19 Thu Jan 2023 | 40.65 | 39.55 | 41.65 | 38.25 | 0.794 times |
| 18 Wed Jan 2023 | 40.20 | 40.80 | 41.00 | 40.20 | 1.108 times |
| 17 Tue Jan 2023 | 40.80 | 40.80 | 40.80 | 40.80 | 0.044 times |
| 13 Fri Jan 2023 | 40.70 | 40.70 | 40.70 | 40.70 | 0.076 times |
| 12 Thu Jan 2023 | 41.15 | 42.85 | 42.85 | 40.90 | 2.41 times |
| 11 Wed Jan 2023 | 42.65 | 42.80 | 42.85 | 41.65 | 1.304 times |
| 10 Tue Jan 2023 | 41.30 | 40.70 | 41.55 | 40.70 | 0.114 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.4, but if it comes above 40.4, then a intra day buy could be more profitable.
If you take a sell trade below 40.4, then use 40.4 as stoploss and 39.2 as target. However if you take a buy trade in stock , then use 40.4 as stoploss and 41.39 as target.
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 36.00 |
| Downside Target | 38.25 |
| Downside Target | 39.50 |
| Upside Target | 42.85 |
| Upside Target | 42.90 |
| Upside Target | 44.05 |
| Upside Target | 44.95 |
| 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 | 39.37 |
| Downside Intraday Target | 38.63 |
| Upside Intraday Target | 40.97 |
| Upside Intraday Target | 41.83 |
| Upside Intraday Target | 40.23 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 40.10 | 40.90 | 41.10 | 39.50 | 0.125 times |
| 20 Fri Jan 2023 | 39.80 | 40.80 | 41.65 | 38.25 | 0.329 times |
| 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 |
Price has moved up 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 |
| 24 Tue Jan 2023 | 40.10 | 42.40 | 44.05 | 38.25 | 0.382 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 | 1.693 times |
| 31 Mon Oct 2022 | 43.30 | 41.20 | 48.60 | 41.20 | 0.113 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 | 16, 29, 28 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 40 | None |
| CCI | -48 | Buy |
| RSI | 52 | Buy |
| OBV | -266 | Sell |
| VWAP | 41 | 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 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 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 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 buy signal for Somi Convey in short term but BUY signal is weak.
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 41.07 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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