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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 2024-10-08 View latest technical analysis

10 day averaged volume of Somany Ceramics is 35636

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	715.85	706.80	719.00	700.30	0.264 times
07 Mon Oct 2024	703.25	739.90	739.90	693.55	0.717 times
04 Fri Oct 2024	729.10	724.00	735.00	705.00	1.099 times
03 Thu Oct 2024	724.60	738.00	739.30	717.25	0.733 times
01 Tue Oct 2024	735.60	732.20	739.00	724.50	0.802 times
30 Mon Sep 2024	728.55	703.00	736.15	691.30	1.768 times
27 Fri Sep 2024	701.10	704.00	711.05	695.55	0.326 times
26 Thu Sep 2024	704.85	724.15	724.15	701.00	0.355 times
25 Wed Sep 2024	720.50	717.20	724.00	710.10	0.471 times
24 Tue Sep 2024	713.60	689.20	725.00	683.30	2.385 times

My analysis of stock is bearish for shortterm, and stock might move down till 707.9 or till 696.2. Use a stoploss of 717.62 and if the stock hits stoploss, then it can shoot up till 727.36

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	657.00
Downside Target	676.95
Upside Target	729.80
Upside Target	730.85
Upside Target	736.15
Upside Target	739.30
Upside Target	739.90
Upside Target	788.00
Upside Target	842.45
Upside Target	872.60

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	692.97
Downside Intraday Target	670.08
Upside Intraday Target	739.32
Upside Intraday Target	762.78
Upside Intraday Target	716.43

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	715.85	739.90	739.90	693.55	0.223 times
04 Fri Oct 2024	729.10	703.00	739.30	691.30	0.902 times
27 Fri Sep 2024	701.10	727.80	729.45	676.95	1.541 times
20 Fri Sep 2024	727.80	729.45	730.85	710.25	0.871 times
13 Fri Sep 2024	725.80	711.95	729.80	697.20	1.105 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
08 Tue Oct 2024	715.85	732.20	739.90	693.55	0.216 times
30 Mon Sep 2024	728.55	723.70	736.15	676.95	0.634 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

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 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 Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics ( (SOMANYCERA) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Somany Ceramics stock for short term is SELL. Signal strength is Strong and stock is losing 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Somany Ceramics in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 720.15 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.