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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 2025-02-28 View latest technical analysis

10 day averaged volume of Somi Conv is 22521

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	137.00	133.49	141.80	126.21	0.456 times
27 Thu Feb 2025	130.86	139.90	142.49	129.10	0.608 times
25 Tue Feb 2025	133.70	138.77	144.87	131.80	0.308 times
24 Mon Feb 2025	139.01	134.00	144.38	132.06	0.223 times
21 Fri Feb 2025	136.03	147.92	147.92	133.20	0.617 times
20 Thu Feb 2025	138.98	140.00	141.28	132.91	0.367 times
19 Wed Feb 2025	137.19	130.00	141.89	130.00	1.031 times
18 Tue Feb 2025	130.57	133.25	139.95	126.08	1.121 times
17 Mon Feb 2025	135.89	161.27	161.27	133.60	5.292 times
14 Fri Feb 2025	165.84	168.35	171.89	161.00	0.114 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 136.9 as stoploss in an intra day buy trade for a target of 158.56. However, stock will show a bearish move below 136.9.

Share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Target	116.05
Downside Target	126.08
Downside Target	130.15
Upside Target	144.87
Upside Target	148.75
Upside Target	158.02
Upside Target	165.05
Upside Target	192.97
Upside Target	200.00
Upside Target	216.89
Upside Target	227.90
Upside Target	235.58

Intraday share price targets for Somi Conv (SOMICONVEY)

Target Type	Value
Downside Intraday Target	127.18
Downside Intraday Target	117.37
Upside Intraday Target	145.84
Upside Intraday Target	154.69
Downside Intraday Target	136.03

Weekly technical analysis of Somi Conv (SOMICONVEY)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	137.00	134.00	144.87	126.21	0.189 times
21 Fri Feb 2025	136.03	161.27	161.27	126.08	4.24 times
14 Fri Feb 2025	165.84	199.00	200.00	161.00	0.965 times
07 Fri Feb 2025	191.39	182.00	200.00	165.05	0.685 times
31 Fri Jan 2025	180.48	183.00	192.97	158.02	0.996 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
28 Fri Feb 2025	137.00	182.00	200.00	126.08	0.534 times
31 Fri Jan 2025	180.48	215.00	216.89	158.02	0.751 times
31 Tue Dec 2024	204.09	187.00	227.90	165.27	0.584 times
27 Thu Jun 2024	212.02	137.05	235.58	116.05	4.009 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 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 Somi Conv ( (SOMICONVEY) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Somi Conv ( (SOMICONVEY) ) based on a short to mid 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 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 Somi Conv stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Somi Conv in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Somi Conv in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 135.64 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 falling down

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 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.