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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 2024-09-05 View latest technical analysis

10 day averaged volume of Somany Ceramics is 40570

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	727.95	719.90	730.95	713.10	0.544 times
04 Wed Sep 2024	716.30	711.00	723.40	705.55	0.522 times
03 Tue Sep 2024	710.05	713.35	726.90	702.95	0.534 times
02 Mon Sep 2024	712.65	723.70	723.80	707.00	0.791 times
30 Fri Aug 2024	720.05	721.05	734.80	715.05	0.446 times
29 Thu Aug 2024	717.45	733.25	733.25	713.35	0.378 times
28 Wed Aug 2024	729.60	741.90	747.00	727.00	0.394 times
27 Tue Aug 2024	740.05	739.00	743.15	727.05	1.518 times
26 Mon Aug 2024	735.30	735.05	741.25	731.50	1.089 times
23 Fri Aug 2024	734.25	745.75	745.75	730.10	3.564 times

My analysis of stock is bullish for shortterm, and stock might move up till 735.2 or till 749.5. Use a stoploss of 723.28 and if this stock hits its stoploss, then it can fall down till 711.37

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	615.00
Downside Target	657.00
Downside Target	688.00
Upside Target	730.95
Upside Target	744.65
Upside Target	746.05
Upside Target	747.00
Upside Target	753.00
Upside Target	788.00
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	710.28
Downside Intraday Target	692.62
Upside Intraday Target	738.28
Upside Intraday Target	748.62
Downside Intraday Target	720.62

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	727.95	723.70	730.95	702.95	0.625 times
30 Fri Aug 2024	720.05	735.05	747.00	713.35	0.619 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

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 Somany Ceramics (SOMANYCERA)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	727.95	723.70	730.95	702.95	0.103 times
30 Fri Aug 2024	720.05	779.55	788.00	688.00	0.69 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

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 Somany Ceramics (SOMANYCERA)

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 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 Somany Ceramics ( (SOMANYCERA) ) based on a short to mid 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 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 Somany Ceramics stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

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. Bears are weakening, and bulls 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 buy signal for Somany Ceramics 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Somany Ceramics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 729.41 and Somany Ceramics (SOMANYCERA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 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.