(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 2023-05-31 View latest technical analysis
10 day averaged volume of Somi Conv is 35903
Date | Daily Closing Price | Open | High | Low | Volume |
31 Wed May 2023 | 51.50 | 52.00 | 54.90 | 50.25 | 5.321 times |
30 Tue May 2023 | 46.15 | 48.05 | 48.10 | 46.10 | 0.273 times |
29 Mon May 2023 | 48.00 | 48.40 | 49.75 | 47.55 | 0.381 times |
26 Fri May 2023 | 48.40 | 49.25 | 49.40 | 48.00 | 0.718 times |
25 Thu May 2023 | 49.10 | 48.30 | 49.50 | 47.45 | 0.779 times |
24 Wed May 2023 | 48.50 | 48.35 | 49.70 | 48.10 | 0.391 times |
23 Tue May 2023 | 48.50 | 48.70 | 49.90 | 48.10 | 0.488 times |
22 Mon May 2023 | 48.90 | 47.30 | 54.90 | 47.30 | 6.168 times |
19 Fri May 2023 | 47.95 | 48.70 | 49.80 | 47.10 | 0.541 times |
18 Thu May 2023 | 48.45 | 48.55 | 49.15 | 48.05 | 0.182 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 51, for a target of 49.4 or 48.17
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 | 46.10 |
Downside Target | 47.10 |
Downside Target | 50.40 |
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 | 46.77 |
Downside Intraday Target | 42.03 |
Upside Intraday Target | 55.57 |
Upside Intraday Target | 59.63 |
Downside Intraday Target | 50.83 |
Weekly technical analysis of Somi Conv (SOMICONVEY)
Date | Weekly Closing Price | Open | High | Low | Volume |
31 Wed May 2023 | 51.50 | 48.40 | 54.90 | 46.10 | 0.699 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 |
05 Fri May 2023 | 46.60 | 46.95 | 50.40 | 44.60 | 1.74 times |
Price has moved up 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 Somi Conv (SOMICONVEY)
Date | Monthly Closing Price | Open | High | Low | Volume |
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 |
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 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 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 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 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 SELL signal for Somi Conv in short term but the sell signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 49.66 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.
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 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 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 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 SELL signal for Somi Conv in short term but the sell signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 49.66 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.
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