logo munafa.org

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 11335

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 35.75 36.60 36.60 34.50 0.71 times
13 Tue Apr 2021 36.25 36.50 36.50 33.30 1.13 times
12 Mon Apr 2021 34.95 38.55 38.55 34.95 2.758 times
09 Fri Apr 2021 36.75 36.10 36.75 36.00 1.357 times
08 Thu Apr 2021 35.00 34.60 35.00 33.75 1.824 times
07 Wed Apr 2021 33.35 33.30 33.35 33.00 0.953 times
06 Tue Apr 2021 31.80 30.85 31.80 30.10 0.707 times
05 Mon Apr 2021 30.30 30.90 32.15 30.20 0.176 times
01 Thu Apr 2021 30.90 31.90 31.90 30.50 0.262 times
31 Wed Mar 2021 30.75 30.75 31.75 30.75 0.208 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 34.6, but if it comes below 34.6, then a intra day sell could be more profitable.
If you take a sell trade below 34.6, then use 34.6 as stoploss and 32.68 as target. However if you take a buy trade in stock , then use 34.6 as stoploss and 36.9 as target.

Share price targets for Somi Conveyor (SOMICONVEY_BE)

Target Type Value
Downside Target 30.00
Downside Target 32.25
Downside Target 33.00
Downside Target 33.60
Upside Target 36.00
Upside Target 36.75
Upside Target 38.55

Intraday share price targets for Somi Conveyor (SOMICONVEY_BE)

Target Type Value
Downside Intraday Target 33.18
Downside Intraday Target 30.62
Upside Intraday Target 38.43
Upside Intraday Target 41.12
Upside Intraday Target 35.87

Weekly technical analysis of Somi Conveyor (SOMICONVEY_BE)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 35.75 38.55 38.55 33.30 0.917 times
09 Fri Apr 2021 36.75 30.90 36.75 30.10 4.578 times
01 Thu Apr 2021 30.90 32.25 32.25 30.50 0.51 times
26 Fri Mar 2021 31.00 32.20 33.60 30.60 0.786 times
19 Fri Mar 2021 32.20 31.15 33.00 30.20 1.25 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
15 Thu Apr 2021 35.75 31.90 38.55 30.10 0.79 times
31 Wed Mar 2021 30.75 32.80 33.60 30.00 0.962 times
25 Thu Feb 2021 31.90 35.00 36.00 31.00 0 times
01 Thu Jan 1970 0 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)

Indicator Name Indicator Value Indicator Signal
ADX 28, 13, 37 Buy
MACD 1, 0Buy
Stochastics 66None
CCI 66Buy
RSI 60Buy
OBV 29803Sell
VWAP 35Buy
ADL 0Sell
ROC 16Buy
Force Index 0Sell

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 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

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 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 red color and prices are in or above the red cloud Prices appear to be coming down

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 34.76 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme