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

(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 2024-12-12 View latest technical analysis

10 day averaged volume of Somi Conv is 102519

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	172.00	178.03	178.35	166.41	0.146 times
11 Wed Dec 2024	175.29	182.60	182.60	173.00	0.09 times
10 Tue Dec 2024	179.58	177.80	180.00	165.27	0.391 times
09 Mon Dec 2024	174.86	187.00	187.00	173.00	0.266 times
27 Thu Jun 2024	212.02	225.00	226.00	212.02	1.5 times
26 Wed Jun 2024	235.58	215.00	235.58	215.00	3.187 times
25 Tue Jun 2024	196.32	168.68	196.32	164.11	1.738 times
24 Mon Jun 2024	163.60	173.70	174.00	161.10	0.205 times
21 Fri Jun 2024	164.64	174.45	176.88	156.40	0.878 times
20 Thu Jun 2024	171.85	146.00	173.55	140.46	1.595 times

My analysis of stock is bullish for shortterm, and stock might move up till 190 or till 224.7. Use a stoploss of 161.17 and if this stock hits its stoploss, then it can fall down till 132.3

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	165.27
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	162.51
Downside Intraday Target	153.03
Upside Intraday Target	184.24
Upside Intraday Target	196.49
Upside Intraday Target	174.76

Weekly technical analysis of Somi Conv (SOMICONVEY)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	172.00	187.00	187.00	165.27	0.135 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
12 Thu Dec 2024	172.00	187.00	187.00	165.27	0.068 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 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 Somi Conv ( (SOMICONVEY) ) 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 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 Weak and stock is losing momentum.

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

Somi Conv 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. 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 Somi Conv in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 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 202.07 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.