(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 2023-05-26 View latest technical analysis
10 day averaged volume of Somi Conv is 33999
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri May 2023 | 48.40 | 49.25 | 49.40 | 48.00 | 0.758 times |
| 25 Thu May 2023 | 49.10 | 48.30 | 49.50 | 47.45 | 0.822 times |
| 24 Wed May 2023 | 48.50 | 48.35 | 49.70 | 48.10 | 0.413 times |
| 23 Tue May 2023 | 48.50 | 48.70 | 49.90 | 48.10 | 0.515 times |
| 22 Mon May 2023 | 48.90 | 47.30 | 54.90 | 47.30 | 6.513 times |
| 19 Fri May 2023 | 47.95 | 48.70 | 49.80 | 47.10 | 0.571 times |
| 18 Thu May 2023 | 48.45 | 48.55 | 49.15 | 48.05 | 0.192 times |
| 17 Wed May 2023 | 48.05 | 48.60 | 48.60 | 48.00 | 0.085 times |
| 16 Tue May 2023 | 48.60 | 51.00 | 51.00 | 48.00 | 0.372 times |
| 15 Mon May 2023 | 47.80 | 48.20 | 48.95 | 47.40 | 0.207 times |
My analysis of stock is bullish for shortterm, and stock might move up till 49 or till 50.3. Use a stoploss of 47.95 and if this stock hits its stoploss, then it can fall down till 46.9
Share price targets for Somi Conv (SOMICONVEY)
| Target Type | Value |
| Downside Target | 32.20 |
| Downside Target | 33.45 |
| Downside Target | 36.50 |
| Downside Target | 37.60 |
| Downside Target | 40.60 |
| Downside Target | 44.00 |
| Downside Target | 47.10 |
| Upside Target | 50.40 |
| Upside Target | 51.00 |
| Upside Target | 52.65 |
| Upside Target | 54.90 |
| Upside Target | 59.50 |
Intraday share price targets for Somi Conv (SOMICONVEY)
| Target Type | Value |
| Downside Intraday Target | 45.5 |
| Downside Intraday Target | 42.6 |
| Upside Intraday Target | 53.1 |
| Upside Intraday Target | 57.8 |
| Upside Intraday Target | 50.2 |
Weekly technical analysis of Somi Conv (SOMICONVEY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 05 Fri May 2023 | 46.60 | 46.95 | 50.40 | 44.60 | 1.74 times |
| 28 Fri Apr 2023 | 46.80 | 46.55 | 47.45 | 44.80 | 0.571 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 |
| 26 Fri May 2023 | 48.40 | 46.95 | 54.90 | 44.55 | 0.695 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 |
| 28 Tue Feb 2023 | 35.00 | 41.25 | 41.25 | 32.20 | 1.096 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)
Price action analysis of Somi Conv ( (SOMICONVEY) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Somi Conv ( (SOMICONVEY) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Somi Conv in short term but the sell signal is initial and weak.
Somi Conv Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down
CCI has generated a SELL signal for Somi Conv in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 48.74 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 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.
Price action analysis of Somi Conv ( (SOMICONVEY) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Somi Conv ( (SOMICONVEY) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Somi Conv in short term but the sell signal is initial and weak.
Somi Conv Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down
CCI has generated a SELL signal for Somi Conv in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 48.74 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 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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