(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 2024-03-21 View latest technical analysis
10 day averaged volume of Somi Conveyor is 33129
Date | Daily Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 133.20 | 133.20 | 133.20 | 133.20 | 0.03 times |
20 Wed Mar 2024 | 135.90 | 135.90 | 135.90 | 135.90 | 0.015 times |
19 Tue Mar 2024 | 138.65 | 153.20 | 153.20 | 138.65 | 1.025 times |
18 Mon Mar 2024 | 145.95 | 143.00 | 145.95 | 142.00 | 0.718 times |
15 Fri Mar 2024 | 139.00 | 139.00 | 139.00 | 134.10 | 1.244 times |
14 Thu Mar 2024 | 132.40 | 126.90 | 132.40 | 126.90 | 0.794 times |
13 Wed Mar 2024 | 126.10 | 126.90 | 126.90 | 123.00 | 1.678 times |
12 Tue Mar 2024 | 120.90 | 118.50 | 120.90 | 109.40 | 2.388 times |
11 Mon Mar 2024 | 115.15 | 114.95 | 115.15 | 112.10 | 1.589 times |
07 Thu Mar 2024 | 109.70 | 109.65 | 109.70 | 109.65 | 0.12 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 132, but if it comes below 132, then a intra day sell could be more profitable.
If you take a sell trade below 132, then use 132 as stoploss and 116.49 as target. However if you take a buy trade in stock , then use 132 as stoploss and 150.7 as target.
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 | 103.45 |
Downside Target | 111.75 |
Downside Target | 113.00 |
Downside Target | 114.50 |
Downside Target | 133.20 |
Upside Target | 139.00 |
Upside Target | 153.20 |
Intraday share price targets for Somi Conveyor (SOMICONVEY_BE)
Target Type | Value |
Downside Intraday Target | 126.53 |
Downside Intraday Target | 119.87 |
Upside Intraday Target | 146.53 |
Upside Intraday Target | 159.87 |
Upside Intraday Target | 139.87 |
Weekly technical analysis of Somi Conveyor (SOMICONVEY_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 133.20 | 143.00 | 153.20 | 133.20 | 0.232 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 |
23 Fri Feb 2024 | 101.00 | 104.00 | 106.00 | 100.00 | 0.344 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 |
21 Thu Mar 2024 | 133.20 | 103.45 | 153.20 | 103.45 | 2.693 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 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 Conveyor ( (SOMICONVEY_BE) ) based on a short 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 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 losing momentum.
MACD generated a BUY signal for Somi Conveyor in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
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 Conveyor in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 127.84 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 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 Conveyor ( (SOMICONVEY_BE) ) based on a short 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 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 losing momentum.
MACD generated a BUY signal for Somi Conveyor in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
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 Conveyor in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 127.84 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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