(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 2024-04-18 View latest technical analysis
10 day averaged volume of Somi Conveyor is 5205
Date | Daily Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 133.25 | 133.25 | 133.25 | 133.25 | 0.6 times |
16 Tue Apr 2024 | 130.65 | 130.00 | 130.65 | 130.00 | 0.876 times |
15 Mon Apr 2024 | 128.10 | 128.00 | 129.25 | 128.00 | 3.155 times |
12 Fri Apr 2024 | 128.10 | 131.70 | 131.70 | 128.10 | 0.612 times |
10 Wed Apr 2024 | 129.15 | 128.65 | 130.10 | 128.65 | 0.94 times |
09 Tue Apr 2024 | 131.05 | 132.65 | 133.00 | 131.05 | 0.949 times |
08 Mon Apr 2024 | 132.65 | 133.50 | 133.50 | 132.65 | 0.129 times |
05 Fri Apr 2024 | 135.35 | 135.35 | 135.35 | 135.35 | 0.426 times |
04 Thu Apr 2024 | 138.10 | 139.55 | 139.55 | 138.10 | 0.621 times |
03 Wed Apr 2024 | 139.50 | 138.40 | 139.50 | 138.20 | 0.832 times |
My analysis of stock is bearish for shortterm, and stock might move down till 129.2 or till 123.8. Use a stoploss of 133.8 and if the stock hits stoploss, then it can shoot up till 138.36
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 | 129.75 |
Downside Intraday Target | 126.25 |
Upside Intraday Target | 135 |
Upside Intraday Target | 136.75 |
Downside Intraday Target | 131.5 |
Weekly technical analysis of Somi Conveyor (SOMICONVEY_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 133.25 | 128.00 | 133.25 | 128.00 | 1.761 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Somi Conveyor (SOMICONVEY_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 133.25 | 133.65 | 139.55 | 128.00 | 0.153 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 up 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 neutral. A longer time frame might give a better analysis.
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 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 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 gaining 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 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 moving up
CCI has generated a buy signal for Somi Conveyor in short term and BUY 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
Although the stock is in the BUY zone, but buying 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 131.22 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 gaining 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 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 moving up
CCI has generated a buy signal for Somi Conveyor in short term and BUY 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
Although the stock is in the BUY zone, but buying 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 131.22 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 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.
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Daily charts
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