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(SOMANYCERA) Somany Ceramics complete technical analysis [charts+indicators] | Buy/Sell Somany Ceramics | (SOMANYCERA) share price targets

Complete technical analysis of Somany Ceramics (SOMANYCERA) by charts plus indicators, forecast predictions and share price targets for Somany Ceramics (SOMANYCERA)

Somany Ceramics trades in NSE in Furniture-Furnishing-Paints sector.

Showing technical analysis as on 2024-08-28 View latest technical analysis

10 day averaged volume of Somany Ceramics is 41726

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	729.60	741.90	747.00	727.00	0.383 times
27 Tue Aug 2024	740.05	739.00	743.15	727.05	1.476 times
26 Mon Aug 2024	735.30	735.05	741.25	731.50	1.059 times
23 Fri Aug 2024	734.25	745.75	745.75	730.10	3.465 times
22 Thu Aug 2024	745.75	731.00	753.00	728.85	0.744 times
21 Wed Aug 2024	731.10	738.45	745.00	725.00	0.52 times
20 Tue Aug 2024	731.15	740.05	753.00	724.00	0.723 times
19 Mon Aug 2024	734.90	714.00	740.35	714.00	0.552 times
16 Fri Aug 2024	712.45	710.50	730.00	705.00	0.507 times
14 Wed Aug 2024	703.25	715.20	715.20	700.00	0.43 times

My analysis of stock is bullish for shortterm, and stock might move up till 750 or till 775.9. Use a stoploss of 728.36 and if this stock hits its stoploss, then it can fall down till 706.75

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	583.00
Downside Target	615.00
Downside Target	653.40
Downside Target	688.00
Downside Target	714.00
Upside Target	744.65
Upside Target	747.00
Upside Target	753.00
Upside Target	788.00
Upside Target	794.15
Upside Target	807.85
Upside Target	842.45
Upside Target	872.60

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	722.07
Downside Intraday Target	714.53
Upside Intraday Target	742.07
Upside Intraday Target	754.53
Upside Intraday Target	734.53

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	729.60	735.05	747.00	727.00	0.486 times
23 Fri Aug 2024	734.25	714.00	753.00	714.00	2.669 times
16 Fri Aug 2024	712.45	735.80	744.65	700.00	0.325 times
09 Fri Aug 2024	730.40	719.00	746.05	688.00	0.857 times
02 Fri Aug 2024	748.20	755.85	794.15	728.30	1.142 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 Somany Ceramics (SOMANYCERA)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	729.60	779.55	788.00	688.00	0.666 times
31 Wed Jul 2024	775.65	836.90	842.45	716.00	0.556 times
28 Fri Jun 2024	832.40	729.00	872.60	657.00	0.608 times
31 Fri May 2024	714.90	630.90	807.85	615.00	6.521 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 Somany Ceramics (SOMANYCERA)

Price action analysis of Somany Ceramics ( (SOMANYCERA) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics ( (SOMANYCERA) ) based on a short to mid 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.

Price action analysis of Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Somany Ceramics in short term but the buy signal is initial and weak.

Somany Ceramics 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. Bulls are getting tired and bears are picking up momentum.

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 Somany Ceramics in short term but SELL 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 Somany Ceramics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 733.09 and Somany Ceramics (SOMANYCERA) 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 Somany Ceramics (SOMANYCERA) stock. Volume based technical analysis of Somany Ceramics (SOMANYCERA) stock is negative.

Somany Ceramics 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.