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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 2025-05-09 View latest technical analysis

10 day averaged volume of Somi Conv is 19528

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri May 2025	176.67	175.67	179.00	175.01	0.721 times
08 Thu May 2025	181.95	185.00	189.00	181.02	1.139 times
07 Wed May 2025	187.27	187.20	189.00	177.42	0.923 times
06 Tue May 2025	178.74	189.85	189.85	177.01	0.681 times
05 Mon May 2025	186.77	185.00	187.90	182.60	1.359 times
02 Fri May 2025	175.66	179.04	182.39	169.22	0.442 times
30 Wed Apr 2025	177.93	184.50	187.42	175.15	0.814 times
29 Tue Apr 2025	186.01	191.60	192.19	184.41	0.423 times
28 Mon Apr 2025	187.97	189.90	194.00	185.41	1.626 times
25 Fri Apr 2025	188.29	191.08	194.00	184.35	1.581 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 174.8 as stoploss in an intra day buy trade for a target of 183.58. However, stock will show a bearish move below 174.8.

Share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Target	125.15
Downside Target	158.01
Downside Target	169.22
Downside Target	173.23
Upside Target	184.35
Upside Target	189.85
Upside Target	194.00
Upside Target	200.00
Upside Target	200.01
Upside Target	204.99
Upside Target	207.02
Upside Target	216.89

Intraday share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Intraday Target	171.17
Downside Intraday Target	165.67
Upside Intraday Target	186.01
Upside Intraday Target	195.35
Upside Intraday Target	180.51

Weekly technical analysis of Somi Conv (SOMICONVEY)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri May 2025	176.67	185.00	189.85	175.01	1.459 times
02 Fri May 2025	175.66	189.90	194.00	169.22	0.351 times
25 Fri Apr 2025	188.29	190.00	204.99	184.35	0.494 times
17 Thu Apr 2025	186.94	176.00	207.02	173.23	10.893 times
11 Fri Apr 2025	172.52	176.00	176.98	158.01	1.521 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
09 Fri May 2025	176.67	179.04	189.85	169.22	0.154 times
30 Wed Apr 2025	177.93	185.89	207.02	158.01	0.623 times
28 Fri Mar 2025	177.77	143.47	200.01	125.15	3.383 times
28 Fri Feb 2025	137.00	182.00	200.00	126.08	0.534 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 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 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 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 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 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 but buying is losing 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 184.11 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.