Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SOMANYCERA) Somany Ceramics complete technical analysis [charts+indicators] | Buy/Sell Somany Ceramics | (SOMANYCERA) share price targets

Complete technical analysis of Somany Ceramics (SOMANYCERA) by charts plus indicators, forecast predictions and share price targets for Somany Ceramics (SOMANYCERA)

Somany Ceramics trades in NSE in Furniture-Furnishing-Paints sector.

Showing technical analysis as on 2024-05-24 View latest technical analysis

10 day averaged volume of Somany Ceramics is 355795

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	719.35	720.05	734.25	711.25	0.138 times
23 Thu May 2024	716.50	730.30	732.45	714.00	0.159 times
22 Wed May 2024	728.60	719.95	744.75	714.10	0.265 times
21 Tue May 2024	718.70	768.60	768.60	712.95	0.561 times
18 Sat May 2024	772.90	781.95	789.20	765.10	0.088 times
17 Fri May 2024	771.00	723.50	807.85	719.75	3.716 times
16 Thu May 2024	719.75	725.05	745.30	692.00	5.061 times
15 Wed May 2024	621.10	625.00	634.95	619.00	0.03 times
14 Tue May 2024	618.90	622.55	628.95	615.10	0.054 times
13 Mon May 2024	621.15	630.00	630.00	615.00	0.033 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 719, but if it comes below 719, then a intra day sell could be more profitable.
If you take a sell trade below 719, then use 719 as stoploss and 666.07 as target. However if you take a buy trade in stock , then use 719 as stoploss and 782.5 as target.

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	561.20
Downside Target	583.00
Downside Target	601.00
Downside Target	615.00
Downside Target	646.95
Downside Target	688.40
Downside Target	711.25
Upside Target	739.00
Upside Target	755.00
Upside Target	768.60
Upside Target	807.85

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	697.53
Downside Intraday Target	675.72
Upside Intraday Target	754.88
Upside Intraday Target	790.42
Upside Intraday Target	733.07

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	719.35	768.60	768.60	711.25	0.125 times
18 Sat May 2024	772.90	630.00	807.85	615.00	48.984 times
10 Fri May 2024	626.15	639.90	646.95	619.95	0.534 times
03 Fri May 2024	635.90	648.00	648.00	621.95	0.962 times
26 Fri Apr 2024	641.90	602.05	653.40	601.00	1.532 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 Somany Ceramics (SOMANYCERA)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri May 2024	719.35	630.90	807.85	615.00	5.979 times
30 Tue Apr 2024	630.90	584.00	653.40	583.00	0.64 times
28 Thu Mar 2024	577.35	657.05	688.40	561.20	0.733 times
29 Thu Feb 2024	655.10	712.00	755.00	649.05	1.474 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Somany Ceramics (SOMANYCERA)

Price action analysis of Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics ( (SOMANYCERA) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Somany Ceramics ( (SOMANYCERA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Somany Ceramics stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Somany Ceramics in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Somany Ceramics 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Somany Ceramics 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Somany Ceramics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 738.03 and Somany Ceramics (SOMANYCERA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Somany Ceramics (SOMANYCERA) stock. Volume based technical analysis of Somany Ceramics (SOMANYCERA) stock is negative.

Somany Ceramics Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.