(SOMICONVEY) Somi Conv complete technical analysis [charts+indicators] | Buy/Sell Somi Conv | (SOMICONVEY) share price targets
Complete technical analysis of Somi Conv (SOMICONVEY) by charts plus indicators, forecast predictions and share price targets for Somi Conv (SOMICONVEY)
Somi Conv trades in NSE in Industrial Machinery sector.
10 day averaged volume of Somi Conv is 196516
Date | Daily Closing Price | Open | High | Low | Volume |
07 Wed Jun 2023 | 56.70 | 62.00 | 62.00 | 55.55 | 0.976 times |
06 Tue Jun 2023 | 61.65 | 62.05 | 64.20 | 60.00 | 2.29 times |
05 Mon Jun 2023 | 60.55 | 52.50 | 61.10 | 50.80 | 5.833 times |
02 Fri Jun 2023 | 50.95 | 51.65 | 51.80 | 50.65 | 0.181 times |
01 Thu Jun 2023 | 50.60 | 51.50 | 52.70 | 49.55 | 0.26 times |
31 Wed May 2023 | 51.50 | 52.00 | 54.90 | 50.25 | 0.972 times |
30 Tue May 2023 | 46.15 | 48.05 | 48.10 | 46.10 | 0.05 times |
29 Mon May 2023 | 48.00 | 48.40 | 49.75 | 47.55 | 0.07 times |
26 Fri May 2023 | 48.40 | 49.25 | 49.40 | 48.00 | 0.131 times |
25 Thu May 2023 | 49.10 | 48.30 | 49.50 | 47.45 | 0.142 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.5, but if it comes below 54.5, then a intra day sell could be more profitable.
If you take a sell trade below 54.5, then use 54.5 as stoploss and 50.41 as target. However if you take a buy trade in stock , then use 54.5 as stoploss and 59.5 as target.
Share price targets for Somi Conv (SOMICONVEY)
Target Type | Value |
Downside Target | 32.20 |
Downside Target | 33.45 |
Downside Target | 36.50 |
Downside Target | 40.60 |
Downside Target | 44.55 |
Downside Target | 46.10 |
Downside Target | 47.10 |
Downside Target | 49.55 |
Downside Target | 50.80 |
Downside Target | 52.65 |
Downside Target | 54.90 |
Upside Target | 59.50 |
Upside Target | 64.20 |
Intraday share price targets for Somi Conv (SOMICONVEY)
Target Type | Value |
Downside Intraday Target | 50.27 |
Downside Intraday Target | 43.83 |
Upside Intraday Target | 63.67 |
Upside Intraday Target | 70.63 |
Upside Intraday Target | 57.23 |
Weekly technical analysis of Somi Conv (SOMICONVEY)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Wed Jun 2023 | 56.70 | 52.50 | 64.20 | 50.80 | 5.939 times |
02 Fri Jun 2023 | 50.95 | 48.40 | 54.90 | 46.10 | 0.982 times |
26 Fri May 2023 | 48.40 | 47.30 | 54.90 | 47.30 | 6.322 times |
19 Fri May 2023 | 47.95 | 48.20 | 51.00 | 47.10 | 0.358 times |
12 Fri May 2023 | 49.05 | 47.70 | 52.65 | 44.55 | 1.666 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Somi Conv (SOMICONVEY)
Date | Monthly Closing Price | Open | High | Low | Volume |
07 Wed Jun 2023 | 56.70 | 51.50 | 64.20 | 49.55 | 2.383 times |
31 Wed May 2023 | 51.50 | 46.95 | 54.90 | 44.55 | 0.955 times |
28 Fri Apr 2023 | 46.80 | 38.30 | 59.50 | 36.50 | 8.163 times |
31 Fri Mar 2023 | 36.00 | 36.00 | 40.60 | 33.45 | 1.513 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 Somi Conv (SOMICONVEY)
Price action analysis of Somi Conv ( (SOMICONVEY) ) based on a short 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 Somi Conv ( (SOMICONVEY) ) based on a short 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 Somi Conv ( (SOMICONVEY) ) 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 Somi Conv ( (SOMICONVEY) ) 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 Somi Conv stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Somi Conv 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.
Somi Conv Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Somi Conv in short term but SELL signal is weak.
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 Conv is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 58.79 and Somi Conv (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 Conv (SOMICONVEY) stock. Volume based technical analysis of Somi Conv (SOMICONVEY) stock is negative.
Somi Conv 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.
Price action analysis of Somi Conv ( (SOMICONVEY) ) based on a short 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 Somi Conv ( (SOMICONVEY) ) based on a short 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 Somi Conv ( (SOMICONVEY) ) 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 Somi Conv ( (SOMICONVEY) ) 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 Somi Conv stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Somi Conv 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.
Somi Conv Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Somi Conv in short term but SELL signal is weak.
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 Conv is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 58.79 and Somi Conv (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 Conv (SOMICONVEY) stock. Volume based technical analysis of Somi Conv (SOMICONVEY) stock is negative.
Somi Conv 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.
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