(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.
Showing technical analysis as on 2022-08-05 View latest technical analysis
10 day averaged volume of Somi Conv is 16668
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Aug 2022 | 44.10 | 40.65 | 45.00 | 39.55 | 5.48 times |
| 04 Thu Aug 2022 | 39.25 | 41.50 | 41.50 | 38.00 | 0.713 times |
| 03 Wed Aug 2022 | 39.70 | 41.60 | 41.60 | 39.10 | 0.346 times |
| 02 Tue Aug 2022 | 40.35 | 43.70 | 44.75 | 38.60 | 3.163 times |
| 01 Mon Aug 2022 | 41.30 | 39.40 | 41.30 | 37.30 | 2.841 times |
| 29 Fri Jul 2022 | 37.55 | 39.50 | 40.00 | 37.15 | 0.852 times |
| 28 Thu Jul 2022 | 37.45 | 35.85 | 37.70 | 35.85 | 0.077 times |
| 27 Wed Jul 2022 | 37.45 | 35.85 | 37.70 | 35.85 | 0.077 times |
| 26 Tue Jul 2022 | 37.20 | 39.80 | 39.80 | 37.05 | 0.377 times |
| 25 Mon Jul 2022 | 37.40 | 39.30 | 40.00 | 37.25 | 1.222 times |
Stock of Somi Conv (SOMICONVEY) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 44.4, for a target of 40.2 or 36.67
Share price targets for Somi Conv (SOMICONVEY)
| Target Type | Value |
| Downside Target | 28.10 |
| Downside Target | 28.80 |
| Downside Target | 29.40 |
| Downside Target | 30.50 |
| Downside Target | 31.50 |
| Downside Target | 33.05 |
| Downside Target | 35.85 |
| Downside Target | 37.30 |
| Downside Target | 38.30 |
| Downside Target | 39.25 |
| Downside Target | 40.00 |
| Upside Target | 45.00 |
| Upside Target | 45.15 |
Intraday share price targets for Somi Conv (SOMICONVEY)
| Target Type | Value |
| Downside Intraday Target | 39.27 |
| Downside Intraday Target | 34.43 |
| Upside Intraday Target | 46.97 |
| Upside Intraday Target | 49.83 |
| Downside Intraday Target | 42.13 |
Weekly technical analysis of Somi Conv (SOMICONVEY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Aug 2022 | 44.10 | 39.40 | 45.00 | 37.30 | 4.815 times |
| 29 Fri Jul 2022 | 37.55 | 39.30 | 40.00 | 35.85 | 0.517 times |
| 22 Fri Jul 2022 | 38.50 | 32.00 | 39.25 | 30.50 | 4.326 times |
| 15 Fri Jul 2022 | 31.60 | 31.20 | 33.60 | 29.40 | 0.83 times |
| 08 Fri Jul 2022 | 32.55 | 31.45 | 34.25 | 28.80 | 0.74 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 |
| 05 Fri Aug 2022 | 44.10 | 39.40 | 45.00 | 37.30 | 1.089 times |
| 29 Fri Jul 2022 | 37.55 | 32.50 | 40.00 | 28.80 | 2.663 times |
| 30 Thu Jun 2022 | 32.70 | 35.30 | 38.30 | 28.10 | 0.986 times |
| 31 Tue May 2022 | 34.30 | 36.50 | 39.50 | 31.50 | 0.214 times |
Scroll below to view daily charts
Price has moved up 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 Conv (SOMICONVEY)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 34, 9, 59 | Buy |
| MACD | 3, 3 | Buy |
| Stochastics | 57 | None |
| CCI | 159 | Buy |
| RSI | 70 | Buy |
| OBV | 119542 | Sell |
| VWAP | 41 | Buy |
| ADL | 0 | Sell |
| ROC | 15 | Buy |
| Force Index | 0 | Sell |
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 gaining 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 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Somi Conv in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 41.31 and Somi Conv (SOMICONVEY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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.
Click here for Somi Conv charts
Click here for further forecast and predictions for tomorrow