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(SomiConvey) Somi Convey complete technical analysis [charts+indicators] | Buy/Sell Somi Convey | (SomiConvey) share price targets

Complete technical analysis of Somi Convey (SomiConvey) by charts plus indicators, forecast predictions and share price targets for Somi Convey (SomiConvey)

Showing technical analysis as on 2024-09-16 View latest technical analysis

10 day averaged volume of Somi Convey is 1149

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	176.90	171.00	176.90	171.00	0.03 times
13 Fri Sep 2024	170.95	171.50	173.00	170.00	0.93 times
12 Thu Sep 2024	171.50	171.50	171.50	171.50	1.045 times
11 Wed Sep 2024	173.00	174.00	174.00	170.70	0.029 times
10 Tue Sep 2024	178.00	175.50	181.60	175.00	0.86 times
09 Mon Sep 2024	178.00	185.00	185.00	178.00	1.42 times
06 Fri Sep 2024	185.65	181.95	187.00	178.55	1.742 times
05 Thu Sep 2024	181.00	172.40	181.00	172.00	2.167 times
04 Wed Sep 2024	172.40	173.15	173.15	170.00	0.46 times
03 Tue Sep 2024	173.15	179.75	179.75	172.50	0.914 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 173.3 as stoploss in an intra day buy trade for a target of 181.07. However, stock will show a bearish move below 173.3.

Share price targets for Somi Convey (SomiConvey)

Target Type	Value
Downside Target	113.35
Downside Target	116.55
Downside Target	156.00
Downside Target	167.55
Upside Target	182.50
Upside Target	187.00
Upside Target	195.45
Upside Target	199.90
Upside Target	228.10
Upside Target	236.20

Intraday share price targets for Somi Convey (SomiConvey)

Target Type	Value
Downside Intraday Target	172.97
Downside Intraday Target	169.03
Upside Intraday Target	178.87
Upside Intraday Target	180.83
Downside Intraday Target	174.93

Weekly technical analysis of Somi Convey (SomiConvey)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	176.90	171.00	176.90	171.00	0.007 times
13 Fri Sep 2024	170.95	185.00	185.00	170.00	0.749 times
06 Fri Sep 2024	185.65	179.85	187.00	170.00	0.772 times
30 Fri Aug 2024	177.90	199.40	199.90	174.10	1.044 times
23 Fri Aug 2024	195.45	183.00	195.45	182.50	1.268 times

Price has moved up 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 Convey (SomiConvey)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	176.90	179.85	187.00	170.00	0.378 times
30 Fri Aug 2024	177.90	188.65	199.90	172.00	0.201 times
31 Wed Jul 2024	192.45	191.90	228.10	167.55	0.507 times
28 Fri Jun 2024	202.00	140.00	236.20	116.55	0.923 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 Convey (SomiConvey)

Price action analysis of Somi Convey ( (SomiConvey) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Somi Convey ( (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 Convey ( (SomiConvey) ) 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 Convey ( (SomiConvey) ) based on a mid to longer 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.

ADX buy sell signal for Somi Convey stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Somi Convey in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Somi Convey 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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Somi Convey 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 negative zone. This is the SELL zone

Stock of Somi Convey is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 177.93 and Somi Convey (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 Convey (SomiConvey) stock. Volume based technical analysis of Somi Convey (SomiConvey) stock is negative.

Somi Convey Stock has given negative 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.