Stock analysis Somi Conv.Belt. SOMICONVEY
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Recent prices of SOMICONVEY Somi Conv.Belt. are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 27 Thu Jun 2024 | 212.02 | 212.02 to 226.00 | -10% | 1.52 times |
| 26 Wed Jun 2024 | 235.58 | 215.00 to 235.58 | 20% | 3.23 times |
| 25 Tue Jun 2024 | 196.32 | 164.11 to 196.32 | 20% | 1.76 times |
| 24 Mon Jun 2024 | 163.60 | 161.10 to 174.00 | -0.63% | 0.21 times |
| 21 Fri Jun 2024 | 164.64 | 156.40 to 176.88 | -4.2% | 0.89 times |
| 20 Thu Jun 2024 | 171.85 | 140.46 to 173.55 | 18.82% | 1.62 times |
| 19 Wed Jun 2024 | 144.63 | 142.81 to 150.00 | 0.31% | 0.15 times |
| 18 Tue Jun 2024 | 144.19 | 142.55 to 159.90 | -3.28% | 0.4 times |
| 14 Fri Jun 2024 | 149.08 | 145.10 to 154.30 | 0.74% | 0.25 times |
| 13 Thu Jun 2024 | 147.98 | 146.00 to 155.60 | 0.82% | 0.56 times |
| 12 Wed Jun 2024 | 146.77 | 130.04 to 149.25 | 12.29% | 0.93 times |
| 11 Tue Jun 2024 | 130.71 | 128.50 to 133.51 | 1.9% | 0.51 times |
Technical analysis forecast of Somi Conv.Belt. Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Somi Conv.Belt. SOMICONVEY at this time. Stock is rising and might rise more.
It appears as if Somi Conv.Belt. SOMICONVEY gave a large move recently.
Stock of Somi Conv.Belt. (SOMICONVEY) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Somi Conv.Belt. is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Somi Conv.Belt. stays above 189.6, but if it comes below 189.6, then a intra day sell could be more profitable.
If you take a sell trade below 189.6, then use 189.6 as stoploss and 159.7 as target. However if you take a buy trade in Somi Conv.Belt., then use 189.6 as stoploss and 225.6 as target.