(SOMICONVEY_BE) Somi Conveyor complete technical analysis [charts+indicators] | Buy/Sell Somi Conveyor | (SOMICONVEY_BE) share price targets
Complete technical analysis of Somi Conveyor (SOMICONVEY_BE) by charts plus indicators, forecast predictions and share price targets for Somi Conveyor (SOMICONVEY_BE)
Showing technical analysis as on 2024-03-20 View latest technical analysis
10 day averaged volume of Somi Conveyor is 33560
Date | Daily Closing Price | Open | High | Low | Volume |
20 Wed Mar 2024 | 135.90 | 135.90 | 135.90 | 135.90 | 0.015 times |
19 Tue Mar 2024 | 138.65 | 153.20 | 153.20 | 138.65 | 1.012 times |
18 Mon Mar 2024 | 145.95 | 143.00 | 145.95 | 142.00 | 0.709 times |
15 Fri Mar 2024 | 139.00 | 139.00 | 139.00 | 134.10 | 1.228 times |
14 Thu Mar 2024 | 132.40 | 126.90 | 132.40 | 126.90 | 0.783 times |
13 Wed Mar 2024 | 126.10 | 126.90 | 126.90 | 123.00 | 1.656 times |
12 Tue Mar 2024 | 120.90 | 118.50 | 120.90 | 109.40 | 2.358 times |
11 Mon Mar 2024 | 115.15 | 114.95 | 115.15 | 112.10 | 1.569 times |
07 Thu Mar 2024 | 109.70 | 109.65 | 109.70 | 109.65 | 0.119 times |
06 Wed Mar 2024 | 107.55 | 111.75 | 111.75 | 107.55 | 0.422 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 130.3, but if it comes below 130.3, then a intra day sell could be more profitable.
If you take a sell trade below 130.3, then use 130.3 as stoploss and 114.86 as target. However if you take a buy trade in stock , then use 130.3 as stoploss and 148.8 as target.
Share price targets for Somi Conveyor (SOMICONVEY_BE)
Target Type | Value |
Downside Target | 83.15 |
Downside Target | 86.00 |
Downside Target | 89.60 |
Downside Target | 93.95 |
Downside Target | 96.15 |
Downside Target | 100.00 |
Downside Target | 103.45 |
Downside Target | 111.75 |
Downside Target | 113.00 |
Downside Target | 114.50 |
Downside Target | 135.90 |
Upside Target | 139.00 |
Upside Target | 153.20 |
Intraday share price targets for Somi Conveyor (SOMICONVEY_BE)
Target Type | Value |
Downside Intraday Target | 130.13 |
Downside Intraday Target | 124.37 |
Upside Intraday Target | 147.43 |
Upside Intraday Target | 158.97 |
Upside Intraday Target | 141.67 |
Weekly technical analysis of Somi Conveyor (SOMICONVEY_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Wed Mar 2024 | 135.90 | 143.00 | 153.20 | 135.90 | 0.229 times |
15 Fri Mar 2024 | 139.00 | 114.95 | 139.00 | 109.40 | 9.465 times |
07 Thu Mar 2024 | 109.70 | 107.60 | 111.75 | 107.55 | 0.978 times |
02 Sat Mar 2024 | 105.50 | 100.95 | 105.50 | 97.55 | 1.744 times |
23 Fri Feb 2024 | 101.00 | 104.00 | 106.00 | 100.00 | 0.344 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 Conveyor (SOMICONVEY_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
20 Wed Mar 2024 | 135.90 | 103.45 | 153.20 | 103.45 | 2.685 times |
29 Thu Feb 2024 | 101.45 | 113.00 | 114.50 | 96.15 | 0.394 times |
31 Wed Jan 2024 | 113.00 | 89.60 | 113.00 | 89.60 | 1.501 times |
29 Fri Dec 2023 | 91.55 | 93.35 | 93.95 | 83.15 | 0.414 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 Conveyor (SOMICONVEY_BE)
Price action analysis of Somi Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Somi Conveyor in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Somi Conveyor Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Somi Conveyor in short term but SELL 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
Stock of Somi Conveyor is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 126.96 and Somi Conveyor (SOMICONVEY_BE) 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 Conveyor (SOMICONVEY_BE) stock. Volume based technical analysis of Somi Conveyor (SOMICONVEY_BE) stock is negative.
Somi Conveyor 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.
Price action analysis of Somi Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Somi Conveyor in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Somi Conveyor Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Somi Conveyor in short term but SELL 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
Stock of Somi Conveyor is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 126.96 and Somi Conveyor (SOMICONVEY_BE) 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 Conveyor (SOMICONVEY_BE) stock. Volume based technical analysis of Somi Conveyor (SOMICONVEY_BE) stock is negative.
Somi Conveyor 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.
Click here for Somi Conveyor charts
Click here for further forecast and predictions for tomorrow
Daily charts
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