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(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 2024-11-29 View latest technical analysis

10 day averaged volume of Somi Conveyor is 5608

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	167.54	162.15	171.69	162.15	0.274 times
28 Thu Nov 2024	168.55	163.81	168.98	160.20	0.271 times
27 Wed Nov 2024	163.81	167.07	170.00	163.65	1.009 times
26 Tue Nov 2024	171.35	175.00	180.40	171.35	1.853 times
25 Mon Nov 2024	180.37	183.20	183.20	176.20	2.145 times
22 Fri Nov 2024	174.48	174.48	174.48	174.48	0.582 times
21 Thu Nov 2024	171.06	170.75	171.06	166.99	0.737 times
19 Tue Nov 2024	167.71	167.71	167.71	167.71	0.58 times
18 Mon Nov 2024	164.43	164.43	164.43	164.43	0.689 times
14 Thu Nov 2024	161.21	158.00	161.21	158.00	0.511 times

My analysis of stock is bullish for shortterm, and stock might move up till 171 or till 179.1. Use a stoploss of 164.32 and if this stock hits its stoploss, then it can fall down till 157.6

Share price targets for Somi Conveyor (SOMICONVEY_BE)

Target Type	Value
Downside Target	143.01
Downside Target	152.00
Downside Target	164.43
Upside Target	172.40
Upside Target	174.48
Upside Target	183.20
Upside Target	186.67
Upside Target	188.40
Upside Target	202.00
Upside Target	227.78

Intraday share price targets for Somi Conveyor (SOMICONVEY_BE)

Target Type	Value
Downside Intraday Target	157.43
Downside Intraday Target	147.31
Upside Intraday Target	180.43
Upside Intraday Target	193.31
Upside Intraday Target	170.31

Weekly technical analysis of Somi Conveyor (SOMICONVEY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	167.54	183.20	183.20	160.20	2.145 times
22 Fri Nov 2024	174.48	164.43	174.48	164.43	0.881 times
14 Thu Nov 2024	161.21	163.01	166.95	158.00	0.923 times
08 Fri Nov 2024	163.01	155.00	165.53	152.00	0.698 times
01 Fri Nov 2024	155.00	156.95	158.10	154.93	8.276 times

Price has moved down 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
29 Fri Nov 2024	167.54	155.00	183.20	152.00	0.283 times
31 Thu Oct 2024	155.01	150.60	188.40	143.01	1.829 times
30 Mon Sep 2024	158.53	180.70	186.67	157.20	1.787 times
30 Fri Aug 2024	178.67	189.90	202.00	172.40	0.206 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 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 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 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 BUY signal for Somi Conveyor in short term and the buy signal is strong.

Somi Conveyor 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 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 buy signal for Somi Conveyor in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 171.29 and Somi Conveyor (SOMICONVEY_BE) 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.