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(SOMICONVEY) Somi Conv complete technical analysis [charts+indicators] | Buy/Sell Somi Conv | (SOMICONVEY) share price targets

Complete technical analysis of Somi Conv (SOMICONVEY) by charts plus indicators, forecast predictions and share price targets for Somi Conv (SOMICONVEY)

Somi Conv trades in NSE in Industrial Machinery sector.

10 day averaged volume of Somi Conv is 64090

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	212.90	206.98	217.92	200.43	0.288 times
26 Thu Dec 2024	205.38	227.80	227.80	204.00	1.104 times
24 Tue Dec 2024	218.36	205.00	218.36	198.41	1.151 times
23 Mon Dec 2024	198.51	209.95	214.49	188.50	0.534 times
20 Fri Dec 2024	199.11	219.70	224.99	193.00	1.365 times
19 Thu Dec 2024	209.15	190.15	209.15	187.54	0.869 times
18 Wed Dec 2024	190.14	215.00	227.90	186.49	2.369 times
17 Tue Dec 2024	207.22	192.95	207.22	192.95	1.193 times
16 Mon Dec 2024	188.39	178.87	188.39	170.10	0.866 times
13 Fri Dec 2024	171.27	170.04	177.09	170.00	0.317 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 212, but if it comes below 212, then a intra day sell could be more profitable.
If you take a sell trade below 212, then use 212 as stoploss and 192.31 as target. However if you take a buy trade in stock , then use 212 as stoploss and 235.7 as target.

Share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Target	67.10
Downside Target	99.50
Downside Target	104.95
Downside Target	116.05
Downside Target	130.15
Downside Target	140.46
Downside Target	148.75
Downside Target	161.10
Downside Target	165.27
Downside Target	170.10
Downside Target	176.88
Downside Target	187.00
Upside Target	227.80
Upside Target	227.90
Upside Target	235.58

Intraday share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Intraday Target	191.67
Downside Intraday Target	170.43
Upside Intraday Target	230.97
Upside Intraday Target	249.03
Downside Intraday Target	209.73

Weekly technical analysis of Somi Conv (SOMICONVEY)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	212.90	209.95	227.80	188.50	0.462 times
20 Fri Dec 2024	199.11	178.87	227.90	170.10	3.82 times
13 Fri Dec 2024	171.27	187.00	187.00	165.27	0.164 times
27 Thu Jun 2024	212.02	173.70	235.58	161.10	2.201 times
21 Fri Jun 2024	164.64	149.48	176.88	140.46	1.166 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 Somi Conv (SOMICONVEY)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	212.90	187.00	227.90	165.27	0.544 times
27 Thu Jun 2024	212.02	137.05	235.58	116.05	4.009 times
31 Fri May 2024	136.10	135.25	148.75	130.15	2.756 times
01 Wed Nov 2023	100.25	104.95	104.95	99.50	0.036 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 Somi Conv (SOMICONVEY)

Price action analysis of Somi Conv ( (SOMICONVEY) ) based on a short 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 Somi Conv ( (SOMICONVEY) ) 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 Somi Conv ( (SOMICONVEY) ) 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 Somi Conv stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Somi Conv in short term and the buy signal is strong.

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

Somi Conv Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Somi Conv in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Somi Conv is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 200.28 and Somi Conv (SOMICONVEY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Somi Conv (SOMICONVEY) stock. Volume based technical analysis of Somi Conv (SOMICONVEY) stock is negative.

Somi Conv Stock is giving positive 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.