Login or Join
Learn then Earn

(SOMANYCERA) Somany Ceramics complete technical analysis [charts+indicators] | Buy/Sell Somany Ceramics | (SOMANYCERA) share price targets

Complete technical analysis of Somany Ceramics (SOMANYCERA) by charts plus indicators, forecast predictions and share price targets for Somany Ceramics (SOMANYCERA)

10 day averaged volume of Somany Ceramics is 324636

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 772.90 781.95 789.20 765.10 0.097 times
17 Fri May 2024 771.00 723.50 807.85 719.75 4.072 times
16 Thu May 2024 719.75 725.05 745.30 692.00 5.546 times
15 Wed May 2024 621.10 625.00 634.95 619.00 0.033 times
14 Tue May 2024 618.90 622.55 628.95 615.10 0.059 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 750.2, for a target of 694.5 or 648.04

Share price targets for Somany Ceramics (SOMANYCERA)

Target Type Value
Downside Target 561.20
Downside Target 583.00
Downside Target 601.00
Downside Target 615.00
Downside Target 646.95
Downside Target 688.40
Downside Target 739.00
Downside Target 755.00
Downside Target 765.10
Upside Target 789.20
Upside Target 807.85

Intraday share price targets for Somany Ceramics (SOMANYCERA)

Target Type Value
Downside Intraday Target 762.27
Downside Intraday Target 751.63
Upside Intraday Target 786.37
Upside Intraday Target 799.83
Upside Intraday Target 775.73

Weekly technical analysis of Somany Ceramics (SOMANYCERA)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 772.90 781.95 789.20 765.10 0.01 times
17 Fri May 2024 771.00 630.00 807.85 615.00 48.502 times
10 Fri May 2024 626.15 639.90 646.95 619.95 0.534 times
03 Fri May 2024 635.90 648.00 648.00 621.95 0.962 times
26 Fri Apr 2024 641.90 602.05 653.40 601.00 1.532 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 Somany Ceramics (SOMANYCERA)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 772.90 630.90 807.85 615.00 5.334 times
30 Tue Apr 2024 630.90 584.00 653.40 583.00 0.64 times
28 Thu Mar 2024 577.35 657.05 688.40 561.20 0.733 times
29 Thu Feb 2024 655.10 712.00 755.00 649.05 1.474 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Somany Ceramics (SOMANYCERA)

Indicator Name Indicator Value Indicator Signal
ADX 50, 6, 78 Buy
MACD 40, 15Buy
Stochastics 81Buy
CCI 138Buy
RSI 77Buy
OBV 3071340Sell
VWAP 738Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

Price action analysis of Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics ( (SOMANYCERA) ) 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 Somany Ceramics stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Somany Ceramics 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.

Somany Ceramics 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 Somany Ceramics 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Somany Ceramics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 738.4 and Somany Ceramics (SOMANYCERA) 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 Somany Ceramics (SOMANYCERA) stock. Volume based technical analysis of Somany Ceramics (SOMANYCERA) stock is negative.

Somany Ceramics 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 Somany Ceramics charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme