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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 2025-03-07 View latest technical analysis

10 day averaged volume of Somi Conv is 33550

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	184.31	154.25	185.10	145.15	10.177 times
06 Thu Mar 2025	154.25	154.97	158.48	139.39	6.325 times
05 Wed Mar 2025	132.07	136.00	137.63	129.98	0.916 times
04 Tue Mar 2025	129.32	129.00	138.73	125.15	0.295 times
03 Mon Mar 2025	130.72	143.47	143.47	127.00	0.733 times
28 Fri Feb 2025	137.00	133.49	141.80	126.21	0.306 times
27 Thu Feb 2025	130.86	139.90	142.49	129.10	0.408 times
25 Tue Feb 2025	133.70	138.77	144.87	131.80	0.207 times
24 Mon Feb 2025	139.01	134.00	144.38	132.06	0.149 times
21 Fri Feb 2025	136.03	147.92	147.92	133.20	0.414 times

Stock of Somi Conv (SOMICONVEY) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 171.5, but if it comes below 171.5, then a intra day sell could be more profitable.
If you take a sell trade below 171.5, then use 171.5 as stoploss and 150.41 as target. However if you take a buy trade in stock , then use 171.5 as stoploss and 196.9 as target.

Share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Target	116.05
Downside Target	125.15
Downside Target	144.87
Downside Target	158.02
Downside Target	165.05
Upside Target	185.10
Upside Target	200.00
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	144.61
Downside Intraday Target	104.9
Upside Intraday Target	204.56
Upside Intraday Target	224.8
Downside Intraday Target	164.85

Weekly technical analysis of Somi Conv (SOMICONVEY)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	184.31	143.47	185.10	125.15	17.231 times
28 Fri Feb 2025	137.00	134.00	144.87	126.21	0.189 times
21 Fri Feb 2025	136.03	161.27	161.27	126.08	4.24 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

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
07 Fri Mar 2025	184.31	143.47	185.10	125.15	1.953 times
28 Fri Feb 2025	137.00	182.00	200.00	126.08	0.534 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

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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Somi Conv in short term but the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 165.9 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 negative.

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