(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 2023-06-05 View latest technical analysis
10 day averaged volume of Somi Conv is 60780
Date | Daily Closing Price | Open | High | Low | Volume |
05 Mon Jun 2023 | 60.55 | 52.50 | 61.10 | 50.80 | 18.858 times |
02 Fri Jun 2023 | 50.95 | 51.65 | 51.80 | 50.65 | 0.584 times |
01 Thu Jun 2023 | 50.60 | 51.50 | 52.70 | 49.55 | 0.84 times |
31 Wed May 2023 | 51.50 | 52.00 | 54.90 | 50.25 | 3.143 times |
30 Tue May 2023 | 46.15 | 48.05 | 48.10 | 46.10 | 0.161 times |
29 Mon May 2023 | 48.00 | 48.40 | 49.75 | 47.55 | 0.225 times |
26 Fri May 2023 | 48.40 | 49.25 | 49.40 | 48.00 | 0.424 times |
25 Thu May 2023 | 49.10 | 48.30 | 49.50 | 47.45 | 0.46 times |
24 Wed May 2023 | 48.50 | 48.35 | 49.70 | 48.10 | 0.231 times |
23 Tue May 2023 | 48.50 | 48.70 | 49.90 | 48.10 | 0.288 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 55.7, for a target of 52.1 or 49.18
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 |
Downside Target | 59.50 |
Upside Target | 61.10 |
Intraday share price targets for Somi Conv (SOMICONVEY)
Target Type | Value |
Downside Intraday Target | 53.87 |
Downside Intraday Target | 47.18 |
Upside Intraday Target | 64.17 |
Upside Intraday Target | 67.78 |
Downside Intraday Target | 57.48 |
Weekly technical analysis of Somi Conv (SOMICONVEY)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Mon Jun 2023 | 60.55 | 52.50 | 61.10 | 50.80 | 3.807 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 |
05 Mon Jun 2023 | 60.55 | 51.50 | 61.10 | 49.55 | 1.567 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 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 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Somi Conv is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 58 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 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 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 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Somi Conv is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 58 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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