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SOMICONVEY NEWS why is Somi Conv.belt. price falling or rising

SOMICONVEY NEWS reasons for why stock price of Somi Conv.belt. is falling or rising

SOMICONVEY Somi Conv is falling or rising technical reasons

Technical analysis forecast for Somi Conv Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Somi Conv SOMICONVEY at this time. Stock is falling and might fall more.

It appears as if Somi Conv SOMICONVEY gave a large move recently.

Stock of Somi Conv (SOMICONVEY) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Somi Conv is bearish for shortterm, and stock might move down till 95.9 or till 90.6. Use a stoploss of 100.2 and if the stock hits stoploss, then it can shoot up till 104.54

SOMICONVEY Somi Conv is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2026-06-29

Company Announcement Somi Conveyor Beltings Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026. - NEWS as on 2026-05-20

Board Meeting to discuss Financial Results/Other business matters To consider and approve the financial results for the period ended March 31, 2026 and other business matters - NEWS as on 2026-05-12

Company Announcement Somi Conveyor Beltings Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on May 06, 2026. Further, the company has informed the Exchange regarding voting results. - NEWS as on 2026-05-07

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on May 06, 2026 - NEWS as on 2026-05-07

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange regarding Re-appointment of Mr. Santosh Kumar Joshi as Non- Executive Independent Director of the company w.e.f. February 22, 2026. - NEWS as on 2026-04-20

Company Announcement Somi Conveyor Beltings Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2026-04-10

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on May 06, 2026 - NEWS as on 2026-04-09

More announcements and NEWS

SOMICONVEY Somi Conv.belt. current price & indicator signals

Moving Averages for Somi Conv.belt.

  • 5Day Average: 99.16
  • 12Day Average: 99.44
  • 20Day Average: 101.27
  • 50Day Average: 102.35
  • 100Day Average: 103.77
  • 150Day Average: 107.43
  • 200Day Average: 116.56

SOMICONVEY Indicators & signals

Indicator MACD (12,26,9)

99.64, 100.6, -0.86
Indicator MACD is in negative zone

Indicator ADX (14)

14.29, 18.53, 13.89
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SOMICONVEY Somi Conv.belt. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Jul 2026 98.90 98.03 to 101.88 -1.06% 0.79 times
20 Mon Jul 2026 99.96 97.57 to 101.00 0.35% 1.78 times
17 Fri Jul 2026 99.61 98.05 to 101.64 0.87% 1.27 times
16 Thu Jul 2026 98.75 97.67 to 101.70 0.16% 0.76 times
15 Wed Jul 2026 98.59 97.25 to 99.00 2.25% 0.36 times
14 Tue Jul 2026 96.42 96.03 to 99.00 -1.66% 0.72 times
13 Mon Jul 2026 98.05 97.00 to 100.94 -0.68% 1.44 times
10 Fri Jul 2026 98.72 95.57 to 102.40 -0.92% 1.1 times
09 Thu Jul 2026 99.64 94.05 to 102.60 1.39% 1.48 times
08 Wed Jul 2026 98.27 98.00 to 103.40 -4.9% 0.51 times
07 Tue Jul 2026 103.33 100.75 to 104.70 0.32% 0.59 times
06 Mon Jul 2026 103.00 101.50 to 108.99 -0.8% 0.77 times

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SOMICONVEY NEWS why is Somi Conv.belt. price falling or rising

 

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