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 2024-09-27 View latest technical analysis

10 day averaged volume of Somany Ceramics is 32752

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	701.10	704.00	711.05	695.55	0.355 times
26 Thu Sep 2024	704.85	724.15	724.15	701.00	0.386 times
25 Wed Sep 2024	720.50	717.20	724.00	710.10	0.512 times
24 Tue Sep 2024	713.60	689.20	725.00	683.30	2.595 times
23 Mon Sep 2024	700.15	727.80	729.45	676.95	1.462 times
20 Fri Sep 2024	727.80	729.80	730.85	716.05	0.55 times
19 Thu Sep 2024	722.80	724.00	724.45	713.45	1.069 times
18 Wed Sep 2024	716.00	720.00	722.45	711.90	0.615 times
17 Tue Sep 2024	717.30	728.00	728.00	710.25	0.505 times
16 Mon Sep 2024	724.60	729.45	730.00	721.00	0.706 times

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 697.9, for a target of 707.3 or 715.18

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	615.00
Downside Target	657.00
Downside Target	676.95
Upside Target	730.85
Upside Target	731.60
Upside Target	747.00
Upside Target	788.00
Upside Target	807.85
Upside Target	842.45
Upside Target	872.60

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	675.55
Downside Intraday Target	650
Upside Intraday Target	728.05
Upside Intraday Target	755
Upside Intraday Target	702.5

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	701.10	727.80	729.45	676.95	1.541 times
20 Fri Sep 2024	727.80	729.45	730.85	710.25	0.871 times
13 Fri Sep 2024	725.80	711.95	729.80	697.20	1.105 times
06 Fri Sep 2024	709.35	723.70	731.60	702.95	0.756 times
30 Fri Aug 2024	720.05	735.05	747.00	713.35	0.619 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	701.10	723.70	731.60	676.95	0.567 times
30 Fri Aug 2024	720.05	779.55	788.00	688.00	0.69 times
31 Wed Jul 2024	775.65	836.90	842.45	716.00	0.556 times
28 Fri Jun 2024	832.40	729.00	872.60	657.00	0.608 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 Somany Ceramics (SOMANYCERA)

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 term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Somany Ceramics in short term and the sell signal is strong.

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 tired and bears 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 SELL signal for Somany Ceramics in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 714.15 and Somany Ceramics (SOMANYCERA) 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 Somany Ceramics (SOMANYCERA) stock. Volume based technical analysis of Somany Ceramics (SOMANYCERA) stock is negative.

Somany Ceramics 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.