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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, but trade for tomorrow is selective. Take a sell trade only if Somi Conv stays below 126.8, but if it comes above 126.8, then a intra day buy could be more profitable.
If you take a sell trade below 126.8, then use 126.8 as stoploss and 122.5 as target. However if you take a buy trade in Somi Conv, then use 126.8 as stoploss and 130.39 as target.

SOMICONVEY Somi Conv is falling or rising NEWS fundamental reasons

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange about Bagging/Receiving of orders/contracts - NEWS as on 2025-11-12

Company Announcement - NEWS as on 2025-11-07

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2025-10-13

Company Announcement Somi Conveyor Beltings Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2025. Further, the company has informed the Exchange regarding voting results. - NEWS as on 2025-10-03

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2025-09-29

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange regarding 'Orders in Hand' position'. - NEWS as on 2025-09-18

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2025-09-09

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2025 - NEWS as on 2025-09-05

Board Meeting to discuss Other business matters Board Meeting of the company to be held at its registered office on Thursday, 4th September, 2025 at 02:00 Noon to transact the following items of business: - NEWS as on 2025-08-28

More announcements and NEWS

SOMICONVEY Somi Conv.belt. current price & indicator signals

Moving Averages for Somi Conv.belt.

  • 5Day Average: 127.59
  • 12Day Average: 128.22
  • 20Day Average: 130.07
  • 50Day Average: 140.55
  • 100Day Average: 141.96
  • 150Day Average: 148.09
  • 200Day Average: 156.67

SOMICONVEY Indicators & signals

Indicator MACD (12,26,9)

128.44, 131.9, -3.82
Indicator MACD is in negative zone

Indicator ADX (14)

21.77, 16.08, 25.04
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
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
26 Fri Dec 2025 125.46 124.01 to 128.82 -2.36% 0.83 times
24 Wed Dec 2025 128.49 126.50 to 129.38 -0.13% 0.24 times
23 Tue Dec 2025 128.66 124.20 to 130.11 -0.69% 0.24 times
22 Mon Dec 2025 129.56 126.39 to 132.10 3.01% 0.96 times
19 Fri Dec 2025 125.77 124.01 to 127.99 -0.14% 0.61 times
18 Thu Dec 2025 125.95 123.42 to 130.35 2.32% 2.2 times
17 Wed Dec 2025 123.10 120.00 to 131.00 -4.08% 1.93 times
16 Tue Dec 2025 128.34 124.22 to 133.99 -3.34% 1.64 times
15 Mon Dec 2025 132.78 130.00 to 133.73 0.37% 0.32 times
12 Fri Dec 2025 132.29 130.85 to 134.79 3.7% 0.83 times
11 Thu Dec 2025 127.57 127.00 to 131.98 -2.34% 1.02 times
10 Wed Dec 2025 130.62 129.33 to 133.76 0.66% 0.47 times

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

 

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