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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 2024-12-17 View latest technical analysis

10 day averaged volume of Somany Ceramics is 23801

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	668.20	683.70	686.35	667.00	0.854 times
16 Mon Dec 2024	683.70	703.10	703.10	679.95	0.303 times
13 Fri Dec 2024	692.75	706.00	706.00	688.90	0.409 times
12 Thu Dec 2024	701.90	703.00	705.00	694.45	0.942 times
11 Wed Dec 2024	699.25	701.50	707.95	683.40	0.489 times
10 Tue Dec 2024	698.00	694.00	703.30	694.00	0.544 times
09 Mon Dec 2024	697.85	710.00	714.15	690.00	1.067 times
06 Fri Dec 2024	702.75	717.85	717.85	662.65	2.484 times
05 Thu Dec 2024	710.75	721.50	721.50	705.00	0.732 times
04 Wed Dec 2024	721.50	699.40	737.00	690.10	2.536 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 658.4 as stoploss in an intra day buy trade for a target of 683.49. However, stock will show a bearish move below 658.4.

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Target	621.75
Downside Target	637.05
Downside Target	662.65
Upside Target	702.00
Upside Target	703.10
Upside Target	708.40
Upside Target	714.15
Upside Target	736.15
Upside Target	737.00
Upside Target	739.90
Upside Target	788.00

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type	Value
Downside Intraday Target	655.77
Downside Intraday Target	643.33
Upside Intraday Target	691.87
Upside Intraday Target	715.53
Upside Intraday Target	679.43

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	668.20	703.10	703.10	667.00	0.335 times
13 Fri Dec 2024	692.75	710.00	714.15	683.40	0.492 times
06 Fri Dec 2024	702.75	702.00	737.00	662.65	1.135 times
29 Fri Nov 2024	695.65	641.25	702.00	641.25	2.23 times
22 Fri Nov 2024	641.25	649.00	663.85	621.75	0.653 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 Tue Dec 2024	668.20	702.00	737.00	662.65	0.537 times
29 Fri Nov 2024	695.65	650.95	708.40	621.75	1.047 times
31 Thu Oct 2024	648.15	732.20	739.90	637.05	0.824 times
30 Mon Sep 2024	728.55	723.70	736.15	676.95	0.634 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 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 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 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 Strong and stock is gaining momentum.

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

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 green color and prices are in or below the green cloud Prices appear to be coming down

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 and selling is picking up 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 703.11 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.