(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 2023-02-01 View latest technical analysis
10 day averaged volume of Somi Convey is 699
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 39.00 | 39.80 | 40.15 | 39.00 | 1.894 times |
| 31 Tue Jan 2023 | 39.00 | 38.25 | 39.65 | 38.05 | 0.615 times |
| 30 Mon Jan 2023 | 39.05 | 39.70 | 39.70 | 38.10 | 0.343 times |
| 27 Fri Jan 2023 | 38.00 | 41.85 | 41.85 | 38.00 | 4.418 times |
| 25 Wed Jan 2023 | 39.95 | 41.25 | 41.25 | 39.20 | 0.099 times |
| 24 Tue Jan 2023 | 40.10 | 41.10 | 41.10 | 40.10 | 0.353 times |
| 23 Mon Jan 2023 | 40.40 | 40.90 | 40.90 | 39.50 | 0.15 times |
| 20 Fri Jan 2023 | 39.80 | 40.90 | 40.95 | 39.80 | 0.831 times |
| 19 Thu Jan 2023 | 40.65 | 39.55 | 41.65 | 38.25 | 1.305 times |
| 18 Wed Jan 2023 | 40.20 | 40.80 | 41.00 | 40.20 | 1.82 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.3, but if it comes above 39.3, then a intra day buy could be more profitable.
If you take a sell trade below 39.3, then use 39.3 as stoploss and 37.7 as target. However if you take a buy trade in stock , then use 39.3 as stoploss and 40.66 as target.
Share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Target | 36.00 |
| Downside Target | 38.00 |
| Upside Target | 40.15 |
| Upside Target | 41.65 |
| Upside Target | 41.85 |
| Upside Target | 42.85 |
| Upside Target | 44.05 |
| Upside Target | 44.95 |
| Upside Target | 48.60 |
| Upside Target | 49.60 |
Intraday share price targets for Somi Convey (SomiConvey)
| Target Type | Value |
| Downside Intraday Target | 37.98 |
| Downside Intraday Target | 36.97 |
| Upside Intraday Target | 40.08 |
| Upside Intraday Target | 41.17 |
| Upside Intraday Target | 39.07 |
Weekly technical analysis of Somi Convey (SomiConvey)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 39.00 | 39.70 | 40.15 | 38.05 | 0.568 times |
| 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 |
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 |
| 01 Wed Feb 2023 | 39.00 | 39.80 | 40.15 | 39.00 | 0.06 times |
| 31 Tue Jan 2023 | 39.00 | 42.40 | 44.05 | 38.00 | 0.463 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 |
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, 24, 34 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 26 | Sell |
| CCI | -53 | Buy |
| RSI | 54 | Buy |
| OBV | -7147 | Sell |
| VWAP | 39 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 39.11 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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