(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 4165
Date | Daily Closing Price | Open | High | Low | Volume |
21 Thu Nov 2024 | 171.06 | 170.75 | 171.06 | 166.99 | 0.993 times |
19 Tue Nov 2024 | 167.71 | 167.71 | 167.71 | 167.71 | 0.781 times |
18 Mon Nov 2024 | 164.43 | 164.43 | 164.43 | 164.43 | 0.928 times |
14 Thu Nov 2024 | 161.21 | 158.00 | 161.21 | 158.00 | 0.687 times |
13 Wed Nov 2024 | 161.21 | 161.11 | 161.21 | 161.11 | 2.184 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 170.7, for a target of 165.2 or 160.6
Share price targets for Somi Conveyor (SOMICONVEY_BE)
Target Type | Value |
Downside Target | 143.01 |
Downside Target | 152.00 |
Downside Target | 164.43 |
Downside Target | 169.30 |
Downside Target | 171.06 |
Upside Target | 172.40 |
Upside Target | 186.67 |
Upside Target | 188.40 |
Upside Target | 202.00 |
Upside Target | 227.78 |
Intraday share price targets for Somi Conveyor (SOMICONVEY_BE)
Target Type | Value |
Downside Intraday Target | 166.64 |
Downside Intraday Target | 162.22 |
Upside Intraday Target | 173.27 |
Upside Intraday Target | 175.48 |
Downside Intraday Target | 168.85 |
Weekly technical analysis of Somi Conveyor (SOMICONVEY_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Thu Nov 2024 | 171.06 | 164.43 | 171.06 | 164.43 | 0.683 times |
14 Thu Nov 2024 | 161.21 | 163.01 | 166.95 | 158.00 | 0.923 times |
08 Fri Nov 2024 | 163.01 | 155.00 | 165.53 | 152.00 | 3.359 times |
01 Fri Nov 2024 | 155.00 | 155.10 | 158.10 | 154.93 | 0.218 times |
30 Wed Oct 2024 | 158.10 | 156.95 | 158.10 | 155.00 | 7.902 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 |
21 Thu Nov 2024 | 171.06 | 155.00 | 171.06 | 152.00 | 0.159 times |
31 Thu Oct 2024 | 155.01 | 150.60 | 188.40 | 143.01 | 1.855 times |
30 Mon Sep 2024 | 158.53 | 180.70 | 186.67 | 157.20 | 1.787 times |
30 Fri Aug 2024 | 178.67 | 189.90 | 202.00 | 172.40 | 0.206 times |
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 | 47, 28, 26 | Buy |
MACD | -0, -2 | Buy |
Stochastics | 94 | Buy |
CCI | 148 | Buy |
RSI | 58 | Buy |
OBV | -903 | Sell |
VWAP | 163 | Buy |
ADL | 0 | Sell |
ROC | 10 | Buy |
Force Index | 0 | Sell |
Price action analysis of Somi Conveyor ( (SOMICONVEY_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 but the buy signal is initial and weak.
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 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 163.37 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.
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