(SOMICONVEY_BE) Somi Conveyor complete technical analysis [charts+indicators] | Buy/Sell Somi Conveyor | (SOMICONVEY_BE) share price targets
Complete technical analysis of Somi Conveyor (SOMICONVEY_BE) by charts plus indicators, forecast predictions and share price targets for Somi Conveyor (SOMICONVEY_BE)
10 day averaged volume of Somi Conveyor is 5400
Date | Daily Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 130.65 | 130.00 | 130.65 | 130.00 | 0.844 times |
15 Mon Apr 2024 | 128.10 | 128.00 | 129.25 | 128.00 | 3.041 times |
12 Fri Apr 2024 | 128.10 | 131.70 | 131.70 | 128.10 | 0.59 times |
10 Wed Apr 2024 | 129.15 | 128.65 | 130.10 | 128.65 | 0.906 times |
09 Tue Apr 2024 | 131.05 | 132.65 | 133.00 | 131.05 | 0.915 times |
08 Mon Apr 2024 | 132.65 | 133.50 | 133.50 | 132.65 | 0.124 times |
05 Fri Apr 2024 | 135.35 | 135.35 | 135.35 | 135.35 | 0.411 times |
04 Thu Apr 2024 | 138.10 | 139.55 | 139.55 | 138.10 | 0.598 times |
03 Wed Apr 2024 | 139.50 | 138.40 | 139.50 | 138.20 | 0.802 times |
02 Tue Apr 2024 | 138.45 | 136.00 | 138.45 | 136.00 | 1.407 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 129.4 as stoploss in an intra day buy trade for a target of 134.08. However, stock will show a bearish move below 129.4.
Share price targets for Somi Conveyor (SOMICONVEY_BE)
Target Type | Value |
Downside Target | 83.15 |
Downside Target | 89.60 |
Downside Target | 93.95 |
Downside Target | 96.15 |
Downside Target | 103.45 |
Downside Target | 113.00 |
Downside Target | 127.95 |
Upside Target | 133.50 |
Upside Target | 133.65 |
Upside Target | 139.55 |
Upside Target | 153.20 |
Intraday share price targets for Somi Conveyor (SOMICONVEY_BE)
Target Type | Value |
Downside Intraday Target | 128.88 |
Downside Intraday Target | 127.12 |
Upside Intraday Target | 131.53 |
Upside Intraday Target | 132.42 |
Downside Intraday Target | 129.77 |
Weekly technical analysis of Somi Conveyor (SOMICONVEY_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 130.65 | 128.00 | 130.65 | 128.00 | 1.532 times |
12 Fri Apr 2024 | 128.10 | 133.50 | 133.50 | 128.10 | 0.573 times |
05 Fri Apr 2024 | 135.35 | 133.65 | 139.55 | 133.65 | 0.702 times |
28 Thu Mar 2024 | 133.10 | 130.20 | 133.10 | 127.95 | 0.432 times |
22 Fri Mar 2024 | 130.55 | 143.00 | 153.20 | 130.55 | 0.309 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Somi Conveyor (SOMICONVEY_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 130.65 | 133.65 | 139.55 | 128.00 | 0.145 times |
28 Thu Mar 2024 | 133.10 | 103.45 | 153.20 | 103.45 | 3.104 times |
29 Thu Feb 2024 | 101.45 | 113.00 | 114.50 | 96.15 | 0.394 times |
31 Wed Jan 2024 | 113.00 | 89.60 | 113.00 | 89.60 | 1.501 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 Conveyor (SOMICONVEY_BE)
Price action analysis of Somi Conveyor ( (SOMICONVEY_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Somi Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor ( (SOMICONVEY_BE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Somi Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Somi Conveyor in short term but the sell signal is initial and weak.
Somi Conveyor 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Somi Conveyor in short term but BUY 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 Conveyor is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 132.15 and Somi Conveyor (SOMICONVEY_BE) 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 Somi Conveyor (SOMICONVEY_BE) stock. Volume based technical analysis of Somi Conveyor (SOMICONVEY_BE) stock is negative.
Somi Conveyor 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.
Price action analysis of Somi Conveyor ( (SOMICONVEY_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Somi Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor ( (SOMICONVEY_BE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Somi Conveyor ( (SOMICONVEY_BE) ) 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 Conveyor stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Somi Conveyor in short term but the sell signal is initial and weak.
Somi Conveyor 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Somi Conveyor in short term but BUY 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 Conveyor is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 132.15 and Somi Conveyor (SOMICONVEY_BE) 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 Somi Conveyor (SOMICONVEY_BE) stock. Volume based technical analysis of Somi Conveyor (SOMICONVEY_BE) stock is negative.
Somi Conveyor 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.
Click here for Somi Conveyor charts
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Daily charts
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