Login or Join
 Learn then Earn

(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)

10 day averaged volume of Somi Convey is 720

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 146.00 144.65 146.00 142.65 2.668 times
29 Mon Apr 2024 145.55 148.50 148.50 145.55 0.1 times
26 Fri Apr 2024 148.50 148.55 148.55 144.00 3.306 times
25 Thu Apr 2024 145.65 145.65 145.65 145.00 1.007 times
24 Wed Apr 2024 142.80 142.80 142.80 142.80 0.181 times

Stock of Somi Convey (SomiConvey) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 143.2, but if it comes below 143.2, then a intra day sell could be more profitable.
If you take a sell trade below 143.2, then use 143.2 as stoploss and 137.19 as target. However if you take a buy trade in stock , then use 143.2 as stoploss and 150.3 as target.

Share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Target 85.00
Downside Target 91.00
Downside Target 94.93
Downside Target 103.80
Downside Target 113.12
Downside Target 126.70
Downside Target 133.00
Downside Target 139.60
Downside Target 142.65
Upside Target 148.50
Upside Target 148.55
Upside Target 151.95

Intraday share price targets for Somi Convey (SomiConvey)

Target Type Value
Downside Intraday Target 142.93
Downside Intraday Target 139.87
Upside Intraday Target 148.78
Upside Intraday Target 151.57
Downside Intraday Target 145.72

Weekly technical analysis of Somi Convey (SomiConvey)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 146.00 148.50 148.50 142.65 0.575 times
26 Fri Apr 2024 148.50 137.30 148.55 137.30 0.583 times
19 Fri Apr 2024 134.65 126.70 134.65 126.70 0.957 times
12 Fri Apr 2024 129.25 131.65 136.50 129.00 0.984 times
05 Fri Apr 2024 134.20 135.40 139.60 133.00 0.578 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
30 Tue Apr 2024 146.00 135.40 148.55 126.70 0.165 times
28 Thu Mar 2024 132.75 103.85 151.95 103.80 3.332 times
29 Thu Feb 2024 101.85 115.00 115.00 96.00 0.445 times
31 Wed Jan 2024 113.12 91.55 113.12 91.00 1.418 times

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 Convey (SomiConvey)

Indicator Name Indicator Value Indicator Signal
ADX 47, 23, 35 Buy
MACD 12, 11Buy
Stochastics 91Buy
CCI 61Sell
RSI 53Buy
OBV 5470Sell
VWAP 143Buy
ADL 0Sell
ROC 15Buy
Force Index 0Sell

Price action analysis of Somi Convey ( (SomiConvey) ) based on a short 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 Convey ( (SomiConvey) ) based on a short 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 Convey ( (SomiConvey) ) 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 Convey ( (SomiConvey) ) 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 Convey stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Somi Convey in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Somi Convey in short term but SELL signal is weak.

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 143.35 and Somi Convey (SomiConvey) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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 Convey charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme