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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 2024-09-17 View latest technical analysis

10 day averaged volume of Somi Convey is 1103

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	170.00	179.95	179.95	169.00	0.478 times
16 Mon Sep 2024	176.90	171.00	176.90	171.00	0.032 times
13 Fri Sep 2024	170.95	171.50	173.00	170.00	0.968 times
12 Thu Sep 2024	171.50	171.50	171.50	171.50	1.089 times
11 Wed Sep 2024	173.00	174.00	174.00	170.70	0.03 times
10 Tue Sep 2024	178.00	175.50	181.60	175.00	0.896 times
09 Mon Sep 2024	178.00	185.00	185.00	178.00	1.48 times
06 Fri Sep 2024	185.65	181.95	187.00	178.55	1.814 times
05 Thu Sep 2024	181.00	172.40	181.00	172.00	2.257 times
04 Wed Sep 2024	172.40	173.15	173.15	170.00	0.479 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 172.2, but if it comes above 172.2, then a intra day buy could be more profitable.
If you take a sell trade below 172.2, then use 172.2 as stoploss and 162.6 as target. However if you take a buy trade in stock , then use 172.2 as stoploss and 180.23 as target.

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	179.95
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	166.02
Downside Intraday Target	162.03
Upside Intraday Target	176.97
Upside Intraday Target	183.93
Upside Intraday Target	172.98

Weekly technical analysis of Somi Convey (SomiConvey)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	170.00	171.00	179.95	169.00	0.114 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 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 Convey (SomiConvey)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	170.00	179.85	187.00	169.00	0.396 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 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 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 gaining momentum.

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

Somi Convey 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Somi Convey 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

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 178.01 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.