(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)
Showing technical analysis as on 2024-03-04 View latest technical analysis
10 day averaged volume of Somi Conveyor is 3704
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 107.60 | 107.60 | 107.60 | 107.60 | 1.067 times |
02 Sat Mar 2024 | 105.50 | 105.50 | 105.50 | 105.50 | 0.001 times |
01 Fri Mar 2024 | 103.45 | 103.45 | 103.45 | 103.45 | 2.53 times |
29 Thu Feb 2024 | 101.45 | 101.45 | 101.45 | 101.45 | 2.498 times |
28 Wed Feb 2024 | 99.50 | 97.55 | 99.50 | 97.55 | 1.471 times |
27 Tue Feb 2024 | 97.55 | 99.50 | 99.65 | 97.55 | 0.716 times |
26 Mon Feb 2024 | 99.50 | 100.95 | 100.95 | 99.00 | 0.216 times |
23 Fri Feb 2024 | 101.00 | 100.20 | 101.00 | 100.00 | 0.473 times |
22 Thu Feb 2024 | 100.60 | 101.50 | 101.80 | 100.60 | 0.825 times |
21 Wed Feb 2024 | 101.80 | 101.80 | 101.85 | 101.80 | 0.204 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 108.2, for a target of 104.9 or 102.2
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 | 100.00 |
Downside Target | 102.00 |
Downside Target | 107.60 |
Upside Target | 108.50 |
Upside Target | 113.00 |
Upside Target | 114.50 |
Intraday share price targets for Somi Conveyor (SOMICONVEY_BE)
Target Type | Value |
Downside Intraday Target | 107.6 |
Downside Intraday Target | 107.6 |
Downside Intraday Target | 107.6 |
Downside Intraday Target | 107.6 |
Downside Intraday Target | 107.6 |
Weekly technical analysis of Somi Conveyor (SOMICONVEY_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 107.60 | 107.60 | 107.60 | 107.60 | 0.144 times |
02 Sat Mar 2024 | 105.50 | 100.95 | 105.50 | 97.55 | 1.744 times |
23 Fri Feb 2024 | 101.00 | 104.00 | 106.00 | 100.00 | 0.344 times |
16 Fri Feb 2024 | 104.00 | 100.30 | 104.00 | 96.15 | 2.103 times |
09 Fri Feb 2024 | 102.00 | 108.45 | 108.50 | 102.00 | 0.208 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 Conveyor (SOMICONVEY_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 107.60 | 103.45 | 107.60 | 103.45 | 0.102 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, 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 neutral. A longer time frame might give a better analysis.
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 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 BUY signal for Somi Conveyor in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Somi Conveyor Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Somi Conveyor in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Somi Conveyor is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 101.92 and Somi Conveyor (SOMICONVEY_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 neutral. A longer time frame might give a better analysis.
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 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 BUY signal for Somi Conveyor in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Somi Conveyor Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Somi Conveyor in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Somi Conveyor is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 101.92 and Somi Conveyor (SOMICONVEY_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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