(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 4689
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 163.01 | 162.42 | 165.53 | 162.42 | 0.268 times |
| 07 Thu Nov 2024 | 162.30 | 162.30 | 162.30 | 162.30 | 1.348 times |
| 06 Wed Nov 2024 | 159.12 | 156.00 | 159.12 | 156.00 | 1.353 times |
| 05 Tue Nov 2024 | 156.00 | 153.80 | 156.00 | 153.79 | 0.527 times |
| 04 Mon Nov 2024 | 153.80 | 155.00 | 155.00 | 152.00 | 0.308 times |
My analysis of stock is bearish for shortterm, and stock might move down till 154.5 or till 142. Use a stoploss of 164.86 and if the stock hits stoploss, then it can shoot up till 175.26
Share price targets for Somi Conveyor (SOMICONVEY_BE)
| Target Type | Value |
| Downside Target | 143.01 |
| Downside Target | 152.00 |
| Upside Target | 165.53 |
| Upside Target | 169.30 |
| Upside Target | 172.40 |
| Upside Target | 173.64 |
| 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 | 154.83 |
| Downside Intraday Target | 146.65 |
| Upside Intraday Target | 168.36 |
| Upside Intraday Target | 173.71 |
| Downside Intraday Target | 160.18 |
Weekly technical analysis of Somi Conveyor (SOMICONVEY_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 25 Fri Oct 2024 | 160.14 | 173.64 | 173.64 | 160.14 | 0.069 times |
| 18 Fri Oct 2024 | 177.19 | 175.00 | 188.40 | 166.00 | 0.439 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Somi Conveyor (SOMICONVEY_BE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 163.01 | 155.00 | 165.53 | 152.00 | 0.063 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 | 39, 31, 12 | Buy |
| MACD | -5, -6 | Buy |
| Stochastics | 90 | Buy |
| CCI | 176 | Buy |
| RSI | 60 | Buy |
| OBV | 31259 | Sell |
| VWAP | 157 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Somi Conveyor stock for short term is BUY. Signal strength is Weak 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 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 157.32 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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