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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.

Showing technical analysis as on 2025-01-22 View latest technical analysis

10 day averaged volume of Somi Conv is 16423

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	194.35	190.00	198.21	188.00	1.278 times
21 Tue Jan 2025	192.61	194.58	198.51	189.00	0.734 times
20 Mon Jan 2025	194.58	187.20	204.45	187.20	1.057 times
17 Fri Jan 2025	186.79	191.70	191.70	186.00	0.272 times
16 Thu Jan 2025	190.06	189.99	192.96	187.00	1.028 times
15 Wed Jan 2025	187.09	192.92	193.97	184.00	0.793 times
14 Tue Jan 2025	187.06	180.15	196.40	180.15	0.758 times
13 Mon Jan 2025	189.23	206.00	207.20	186.10	1.689 times
10 Fri Jan 2025	204.95	202.77	208.01	195.52	2.183 times
09 Thu Jan 2025	201.93	201.57	204.79	200.96	0.756 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 191.1 as stoploss in an intra day buy trade for a target of 198.95. However, stock will show a bearish move below 191.1.

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	165.27
Downside Target	180.15
Downside Target	187.20
Downside Target	194.00
Upside Target	204.45
Upside Target	216.89
Upside Target	218.29
Upside Target	227.80
Upside Target	227.90
Upside Target	235.58

Intraday share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Intraday Target	186.22
Downside Intraday Target	178.08
Upside Intraday Target	203.47
Upside Intraday Target	212.58
Upside Intraday Target	195.33

Weekly technical analysis of Somi Conv (SOMICONVEY)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	194.35	187.20	204.45	187.20	0.676 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
27 Fri Dec 2024	212.90	209.95	227.80	188.50	0.462 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
22 Wed Jan 2025	194.35	215.00	216.89	180.15	0.643 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Somi Conv in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 194.49 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.