(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.
10 day averaged volume of Somi Conv is 38591
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Aug 2022 | 42.95 | 42.20 | 43.90 | 42.20 | 0.494 times |
| 16 Tue Aug 2022 | 42.80 | 44.40 | 45.50 | 42.15 | 0.708 times |
| 12 Fri Aug 2022 | 44.40 | 45.55 | 46.70 | 44.00 | 0.565 times |
| 11 Thu Aug 2022 | 45.20 | 44.45 | 47.00 | 41.30 | 0.86 times |
| 10 Wed Aug 2022 | 43.80 | 46.50 | 46.70 | 43.50 | 0.429 times |
| 08 Mon Aug 2022 | 45.90 | 45.70 | 47.40 | 45.05 | 2.02 times |
| 05 Fri Aug 2022 | 44.10 | 40.65 | 45.00 | 39.55 | 2.367 times |
| 04 Thu Aug 2022 | 39.25 | 41.50 | 41.50 | 38.00 | 0.308 times |
| 03 Wed Aug 2022 | 39.70 | 41.60 | 41.60 | 39.10 | 0.15 times |
| 02 Tue Aug 2022 | 40.35 | 43.70 | 44.75 | 38.60 | 1.366 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 43.4 as stoploss in an intra day sell trade for a target of 40.32. However, stock will show a bullish move above 43.4.
Share price targets for Somi Conv (SOMICONVEY)
| Target Type | Value |
| Downside Target | 28.10 |
| Downside Target | 28.80 |
| Downside Target | 30.50 |
| Downside Target | 31.50 |
| Downside Target | 33.05 |
| Downside Target | 35.85 |
| Downside Target | 37.30 |
| Downside Target | 38.30 |
| Downside Target | 39.25 |
| Downside Target | 41.30 |
| Downside Target | 42.15 |
| Upside Target | 45.00 |
| Upside Target | 45.15 |
| Upside Target | 45.50 |
| Upside Target | 47.40 |
Intraday share price targets for Somi Conv (SOMICONVEY)
| Target Type | Value |
| Downside Intraday Target | 41.57 |
| Downside Intraday Target | 40.18 |
| Upside Intraday Target | 44.92 |
| Upside Intraday Target | 46.88 |
| Upside Intraday Target | 43.53 |
Weekly technical analysis of Somi Conv (SOMICONVEY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Aug 2022 | 42.95 | 44.40 | 45.50 | 42.15 | 0.31 times |
| 12 Fri Aug 2022 | 44.40 | 45.70 | 47.40 | 41.30 | 0.715 times |
| 05 Fri Aug 2022 | 44.10 | 39.40 | 45.00 | 37.30 | 4.815 times |
| 30 Sat Jul 2022 | 37.55 | 39.30 | 40.00 | 35.85 | 0.517 times |
| 22 Fri Jul 2022 | 38.50 | 32.00 | 39.25 | 30.50 | 4.326 times |
Price has moved down 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 |
| 17 Wed Aug 2022 | 42.95 | 39.40 | 47.40 | 37.30 | 2.109 times |
| 30 Sat Jul 2022 | 37.55 | 32.50 | 40.00 | 28.80 | 2.663 times |
| 30 Thu Jun 2022 | 32.70 | 35.30 | 38.30 | 28.10 | 0.986 times |
| 31 Tue May 2022 | 34.30 | 36.50 | 39.50 | 31.50 | 0.214 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 18, 13 | Buy |
| MACD | 4, 4 | Buy |
| Stochastics | 59 | None |
| CCI | -2 | Sell |
| RSI | 62 | Buy |
| OBV | 182522 | Sell |
| VWAP | 44 | Sell |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Somi Conv ( (SOMICONVEY) ) based on a short to mid 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 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 BUY signal for Somi Conv in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 positive zone. This is a BUY 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 43.65 and Somi Conv (SOMICONVEY) stock is trading below this level. This means that stock is falling with high volumes. 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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