Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-17 View latest technical analysis

10 day averaged volume of Somany Ceramics is 19442

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	703.55	700.00	717.00	695.05	1.083 times
16 Wed Oct 2024	700.85	703.30	706.85	695.00	0.461 times
15 Tue Oct 2024	703.30	712.15	712.15	700.00	0.831 times
14 Mon Oct 2024	708.60	723.90	723.90	705.05	0.672 times
11 Fri Oct 2024	720.25	720.45	724.80	702.10	1.063 times
10 Thu Oct 2024	716.85	714.60	726.00	709.55	0.499 times
09 Wed Oct 2024	710.90	709.00	718.45	703.60	1.318 times
08 Tue Oct 2024	715.85	706.80	719.00	700.30	0.484 times
07 Mon Oct 2024	703.25	739.90	739.90	693.55	1.314 times
04 Fri Oct 2024	729.10	724.00	735.00	705.00	2.015 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 703.7, but if it comes above 703.7, then a intra day buy could be more profitable.
If you take a sell trade below 703.7, then use 703.7 as stoploss and 690.7 as target. However if you take a buy trade in stock , then use 703.7 as stoploss and 714.6 as target.

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	657.00
Downside Target	676.95
Upside Target	710.25
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	691.07
Downside Intraday Target	678.58
Upside Intraday Target	719.97
Upside Intraday Target	736.38
Upside Intraday Target	707.48

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	703.55	723.90	723.90	695.00	0.651 times
11 Fri Oct 2024	720.25	739.90	739.90	693.55	0.58 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

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
17 Thu Oct 2024	703.55	732.20	739.90	693.55	0.409 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 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 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 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 SELL signal for Somany Ceramics in short term and the sell signal is strong.

Somany Ceramics 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 moving up

CCI has generated a buy signal for Somany Ceramics in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 713.1 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.