(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)
Intraday share price targets for Somi Conveyor (SOMICONVEY_BE)
|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|
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.