(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 2023-01-27 View latest technical analysis
10 day averaged volume of Somi Convey is 759
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 38.00 | 41.85 | 41.85 | 38.00 | 4.069 times |
| 25 Wed Jan 2023 | 39.95 | 41.25 | 41.25 | 39.20 | 0.091 times |
| 24 Tue Jan 2023 | 40.10 | 41.10 | 41.10 | 40.10 | 0.325 times |
| 23 Mon Jan 2023 | 40.40 | 40.90 | 40.90 | 39.50 | 0.138 times |
| 20 Fri Jan 2023 | 39.80 | 40.90 | 40.95 | 39.80 | 0.765 times |
| 19 Thu Jan 2023 | 40.65 | 39.55 | 41.65 | 38.25 | 1.202 times |
| 18 Wed Jan 2023 | 40.20 | 40.80 | 41.00 | 40.20 | 1.676 times |
| 17 Tue Jan 2023 | 40.80 | 40.80 | 40.80 | 40.80 | 0.066 times |
| 13 Fri Jan 2023 | 40.70 | 40.70 | 40.70 | 40.70 | 0.115 times |
| 12 Thu Jan 2023 | 41.15 | 42.85 | 42.85 | 40.90 | 3.646 times |
Stock of Somi Convey (SomiConvey) has showed a significant fall. This could be a good time to exit from this stock.
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 38.4, for a target of 39.9 or 41.11
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 36.00 |
| Downside Target | 38.00 |
| Upside Target | 40.20 |
| 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 | 36.72 |
| Downside Intraday Target | 35.43 |
| Upside Intraday Target | 40.57 |
| Upside Intraday Target | 43.13 |
| Upside Intraday Target | 39.28 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 38.00 | 40.90 | 41.85 | 38.00 | 1.247 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 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 |
| 27 Fri Jan 2023 | 38.00 | 42.40 | 44.05 | 38.00 | 0.449 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 | 12, 31, 45 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 26 | Sell |
| CCI | -188 | Sell |
| RSI | 51 | Buy |
| OBV | -6130 | Sell |
| VWAP | 40 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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 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 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 but buying is losing 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 39.77 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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