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(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 29446

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 130.50 130.50 130.50 130.50 0.298 times
26 Tue Mar 2024 127.95 130.20 130.20 127.95 0.457 times
22 Fri Mar 2024 130.55 130.55 131.55 130.55 0.663 times
21 Thu Mar 2024 133.20 133.20 133.20 133.20 0.033 times
20 Wed Mar 2024 135.90 135.90 135.90 135.90 0.017 times
19 Tue Mar 2024 138.65 153.20 153.20 138.65 1.153 times
18 Mon Mar 2024 145.95 143.00 145.95 142.00 0.808 times
15 Fri Mar 2024 139.00 139.00 139.00 134.10 1.4 times
14 Thu Mar 2024 132.40 126.90 132.40 126.90 0.893 times
13 Wed Mar 2024 126.10 126.90 126.90 123.00 1.888 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 135.3 as stoploss in an intra day sell trade for a target of 121.04. However, stock will show a bullish move above 135.3.

Share price targets for Somi Conveyor (SOMICONVEY_BE)

Target Type Value
Downside Target 83.15
Downside Target 86.00
Downside Target 89.60
Downside Target 93.95
Downside Target 96.15
Downside Target 103.45
Downside Target 111.75
Downside Target 127.95
Downside Target 130.50
Upside Target 130.55
Upside Target 139.00
Upside Target 153.20

Intraday share price targets for Somi Conveyor (SOMICONVEY_BE)

Target Type Value
Downside Intraday Target 128.8
Downside Intraday Target 127.1
Upside Intraday Target 131.35
Upside Intraday Target 132.2
Downside Intraday Target 129.65

Weekly technical analysis of Somi Conveyor (SOMICONVEY_BE)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 130.50 130.20 130.50 127.95 0.282 times
22 Fri Mar 2024 130.55 143.00 153.20 130.55 0.309 times
15 Fri Mar 2024 139.00 114.95 139.00 109.40 9.465 times
07 Thu Mar 2024 109.70 107.60 111.75 107.55 0.978 times
02 Sat Mar 2024 105.50 100.95 105.50 97.55 1.744 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 Conveyor (SOMICONVEY_BE)

Date Monthly Closing Price Open High Low Volume
27 Wed Mar 2024 130.50 103.45 153.20 103.45 3.014 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
29 Fri Dec 2023 91.55 93.35 93.95 83.15 0.414 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 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 Strong 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 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 above 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 133.95 and Somi Conveyor (SOMICONVEY_BE) 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 Conveyor (SOMICONVEY_BE) stock. Volume based technical analysis of Somi Conveyor (SOMICONVEY_BE) stock is negative.

Somi Conveyor 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.

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 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 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 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 Strong 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 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 above 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 133.95 and Somi Conveyor (SOMICONVEY_BE) 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 Conveyor (SOMICONVEY_BE) stock. Volume based technical analysis of Somi Conveyor (SOMICONVEY_BE) stock is negative.

Somi Conveyor 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.

Click here for Somi Conveyor charts

Click here for further forecast and predictions for tomorrow

Daily charts

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