(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 2024-04-15 View latest technical analysis
10 day averaged volume of Somi Conveyor is 4934
Date | Daily Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 128.10 | 128.00 | 129.25 | 128.00 | 3.329 times |
12 Fri Apr 2024 | 128.10 | 131.70 | 131.70 | 128.10 | 0.646 times |
10 Wed Apr 2024 | 129.15 | 128.65 | 130.10 | 128.65 | 0.992 times |
09 Tue Apr 2024 | 131.05 | 132.65 | 133.00 | 131.05 | 1.001 times |
08 Mon Apr 2024 | 132.65 | 133.50 | 133.50 | 132.65 | 0.136 times |
05 Fri Apr 2024 | 135.35 | 135.35 | 135.35 | 135.35 | 0.449 times |
04 Thu Apr 2024 | 138.10 | 139.55 | 139.55 | 138.10 | 0.655 times |
03 Wed Apr 2024 | 139.50 | 138.40 | 139.50 | 138.20 | 0.878 times |
02 Tue Apr 2024 | 138.45 | 136.00 | 138.45 | 136.00 | 1.54 times |
01 Mon Apr 2024 | 135.75 | 133.65 | 135.75 | 133.65 | 1.319 times |
Stock of Somi Conveyor (SOMICONVEY_BE) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 129.5, but if it comes above 129.5, then a intra day buy could be more profitable.
If you take a sell trade below 129.5, then use 129.5 as stoploss and 123.9 as target. However if you take a buy trade in stock , then use 129.5 as stoploss and 134.17 as target.
Share price targets for Somi Conveyor (SOMICONVEY_BE)
Target Type | Value |
Downside Target | 83.15 |
Downside Target | 89.60 |
Downside Target | 93.95 |
Downside Target | 96.15 |
Downside Target | 103.45 |
Downside Target | 113.00 |
Downside Target | 127.95 |
Upside Target | 133.50 |
Upside Target | 133.65 |
Upside Target | 139.55 |
Upside Target | 153.20 |
Intraday share price targets for Somi Conveyor (SOMICONVEY_BE)
Target Type | Value |
Downside Intraday Target | 127.65 |
Downside Intraday Target | 127.2 |
Upside Intraday Target | 128.9 |
Upside Intraday Target | 129.7 |
Upside Intraday Target | 128.45 |
Weekly technical analysis of Somi Conveyor (SOMICONVEY_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Mon Apr 2024 | 128.10 | 128.00 | 129.25 | 128.00 | 1.2 times |
12 Fri Apr 2024 | 128.10 | 133.50 | 133.50 | 128.10 | 0.573 times |
05 Fri Apr 2024 | 135.35 | 133.65 | 139.55 | 133.65 | 0.702 times |
28 Thu Mar 2024 | 133.10 | 130.20 | 133.10 | 127.95 | 0.432 times |
22 Fri Mar 2024 | 130.55 | 143.00 | 153.20 | 130.55 | 0.309 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 |
15 Mon Apr 2024 | 128.10 | 133.65 | 139.55 | 128.00 | 0.134 times |
28 Thu Mar 2024 | 133.10 | 103.45 | 153.20 | 103.45 | 3.104 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 |
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 Conveyor (SOMICONVEY_BE)
Price action analysis of Somi Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor ( (SOMICONVEY_BE) ) based on a short to mid 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Somi Conveyor in short term but the sell signal is initial and weak.
Somi Conveyor Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 Conveyor 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Somi Conveyor is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 132.71 and Somi Conveyor (SOMICONVEY_BE) 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 Conveyor (SOMICONVEY_BE) stock. Volume based technical analysis of Somi Conveyor (SOMICONVEY_BE) stock is negative.
Somi Conveyor Stock has given negative 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 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 Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor ( (SOMICONVEY_BE) ) based on a short to mid 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Somi Conveyor in short term but the sell signal is initial and weak.
Somi Conveyor Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 Conveyor 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Somi Conveyor is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 132.71 and Somi Conveyor (SOMICONVEY_BE) 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 Conveyor (SOMICONVEY_BE) stock. Volume based technical analysis of Somi Conveyor (SOMICONVEY_BE) stock is negative.
Somi Conveyor Stock has given negative 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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