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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 2025-02-19 View latest technical analysis

10 day averaged volume of Somi Conv is 21302

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	137.19	130.00	141.89	130.00	1.09 times
18 Tue Feb 2025	130.57	133.25	139.95	126.08	1.185 times
17 Mon Feb 2025	135.89	161.27	161.27	133.60	5.594 times
14 Fri Feb 2025	165.84	168.35	171.89	161.00	0.121 times
13 Thu Feb 2025	168.39	169.07	178.69	165.50	0.337 times
12 Wed Feb 2025	172.61	179.60	179.60	163.00	0.332 times
11 Tue Feb 2025	176.07	182.85	191.52	175.50	0.475 times
10 Mon Feb 2025	183.90	199.00	200.00	179.99	0.837 times
07 Fri Feb 2025	191.39	181.04	200.00	180.47	0.408 times
06 Thu Feb 2025	182.83	183.41	184.78	181.09	0.18 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 134.1, for a target of 154.5 or 171.58

Share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Target	116.05
Downside Target	126.08
Downside Target	130.15
Upside Target	148.75
Upside Target	158.02
Upside Target	165.05
Upside Target	187.20
Upside Target	192.97
Upside Target	200.00
Upside Target	204.45
Upside Target	216.89
Upside Target	227.90
Upside Target	235.58

Intraday share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Intraday Target	121.76
Downside Intraday Target	106.32
Upside Intraday Target	156.95
Upside Intraday Target	176.7
Upside Intraday Target	141.51

Weekly technical analysis of Somi Conv (SOMICONVEY)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	137.19	161.27	161.27	126.08	3.745 times
14 Fri Feb 2025	165.84	199.00	200.00	161.00	0.965 times
07 Fri Feb 2025	191.39	182.00	200.00	165.05	0.685 times
31 Fri Jan 2025	180.48	183.00	192.97	158.02	0.996 times
24 Fri Jan 2025	188.55	187.20	204.45	187.20	0.911 times

Price has moved down 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
19 Wed Feb 2025	137.19	182.00	200.00	126.08	0.436 times
31 Fri Jan 2025	180.48	215.00	216.89	158.02	0.751 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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Somi Conv stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Somi Conv in short term and the sell signal is strong.

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 red color and prices are below the red 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 SELL signal in short term but selling 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 146.52 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.