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(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 13376

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	170.58	172.00	179.53	158.02	1.555 times
27 Mon Jan 2025	175.58	183.00	192.97	169.69	1.421 times
24 Fri Jan 2025	188.55	196.00	198.80	188.31	0.733 times
23 Thu Jan 2025	190.95	197.10	200.10	190.00	0.577 times
22 Wed Jan 2025	194.35	190.00	198.21	188.00	1.57 times
21 Tue Jan 2025	192.61	194.58	198.51	189.00	0.902 times
20 Mon Jan 2025	194.58	187.20	204.45	187.20	1.298 times
17 Fri Jan 2025	186.79	191.70	191.70	186.00	0.334 times
16 Thu Jan 2025	190.06	189.99	192.96	187.00	1.262 times
15 Wed Jan 2025	187.09	192.92	193.97	184.00	0.974 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 172.5, for a target of 184.1 or 193.72

Share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Target	99.50
Downside Target	104.95
Downside Target	116.05
Downside Target	130.15
Downside Target	148.75
Downside Target	158.02
Downside Target	165.27
Upside Target	180.15
Upside Target	187.20
Upside Target	192.97
Upside Target	204.45
Upside Target	216.89
Upside Target	218.29
Upside Target	227.90
Upside Target	235.58

Intraday share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Intraday Target	154.74
Downside Intraday Target	138.91
Upside Intraday Target	189.69
Upside Intraday Target	208.81
Upside Intraday Target	173.86

Weekly technical analysis of Somi Conv (SOMICONVEY)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	170.58	183.00	192.97	158.02	0.586 times
24 Fri Jan 2025	188.55	187.20	204.45	187.20	0.911 times
17 Fri Jan 2025	186.79	206.00	207.20	180.15	0.492 times
10 Fri Jan 2025	204.95	212.88	216.89	194.00	0.529 times
03 Fri Jan 2025	208.03	217.16	218.29	197.23	1.452 times

Price has moved down 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
28 Tue Jan 2025	170.58	215.00	216.89	158.02	0.716 times
31 Tue Dec 2024	204.09	187.00	227.90	165.27	0.584 times
27 Thu Jun 2024	212.02	137.05	235.58	116.05	4.009 times
31 Fri May 2024	136.10	135.25	148.75	130.15	2.756 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 Somi Conv (SOMICONVEY)

Price action analysis of Somi Conv ( (SOMICONVEY) ) based on a short 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.

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 to mid 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.

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 SELL. 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.

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 red color and prices are below the red 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 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 186.24 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.