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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.

Showing technical analysis as on 2024-12-09 View latest technical analysis

10 day averaged volume of Somi Conv is 107001

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	174.86	187.00	187.00	173.00	0.255 times
27 Thu Jun 2024	212.02	225.00	226.00	212.02	1.438 times
26 Wed Jun 2024	235.58	215.00	235.58	215.00	3.054 times
25 Tue Jun 2024	196.32	168.68	196.32	164.11	1.665 times
24 Mon Jun 2024	163.60	173.70	174.00	161.10	0.196 times
21 Fri Jun 2024	164.64	174.45	176.88	156.40	0.841 times
20 Thu Jun 2024	171.85	146.00	173.55	140.46	1.529 times
19 Wed Jun 2024	144.63	147.70	150.00	142.81	0.143 times
18 Tue Jun 2024	144.19	149.48	159.90	142.55	0.373 times
14 Fri Jun 2024	149.08	151.94	154.30	145.10	0.233 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 184.5 as stoploss in an intra day sell trade for a target of 154.4. However, stock will show a bullish move above 184.5.

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	126.25
Downside Target	130.15
Downside Target	140.46
Downside Target	148.75
Downside Target	155.60
Downside Target	161.10
Downside Target	173.00
Upside Target	176.88
Upside Target	187.00
Upside Target	235.58

Intraday share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Intraday Target	169.57
Downside Intraday Target	164.29
Upside Intraday Target	183.57
Upside Intraday Target	192.29
Upside Intraday Target	178.29

Weekly technical analysis of Somi Conv (SOMICONVEY)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	174.86	187.00	187.00	173.00	0.04 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
14 Fri Jun 2024	149.08	137.95	155.60	126.25	2.649 times
07 Fri Jun 2024	134.20	137.05	141.30	116.05	2.62 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 Somi Conv (SOMICONVEY)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	174.86	187.00	187.00	173.00	0.02 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 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 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.

Somi Conv Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 199.27 and Somi Conv (SOMICONVEY) 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 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.