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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 of Somi Conv 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 SOMICONVEY at this time. Stock is rising and might rise more.

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

Stock of Somi Conv (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 is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 112.5 as stoploss in an intra day sell trade for a target of 110.62. However, stock will show a bullish move above 112.5.

SOMICONVEY Somi Conv is falling or rising NEWS fundamental reasons

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 - 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 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 Re-appointment of Mr. Santosh Kumar Joshi as Non- Executive Independent Director of the company w.e.f. February 22, 2026, subject to necessary approval of Members at the EGM of the company - NEWS as on 2026-04-09

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange regarding Outcome of Board Meeting held on April 08, 2026. - NEWS as on 2026-04-08

More announcements and NEWS

SOMICONVEY Somi Conv.belt. current price & indicator signals

Moving Averages for Somi Conv.belt.

  • 5Day Average: 113.2
  • 12Day Average: 111.72
  • 20Day Average: 111.86
  • 50Day Average: 105.38
  • 100Day Average: 109.65
  • 150Day Average: 121.03
  • 200Day Average: 127.01

SOMICONVEY Indicators & signals

Indicator MACD (12,26,9)

111.89, 109.77, 2.21
Indicator MACD is in positive zone

Indicator ADX (14)

49.11, 24.23, 8.27
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
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
12 Tue May 2026 112.38 111.23 to 117.99 -0.87% 1.68 times
11 Mon May 2026 113.37 111.21 to 115.76 -1.61% 0.37 times
08 Fri May 2026 115.23 110.50 to 118.00 2.06% 4.66 times
07 Thu May 2026 112.90 110.00 to 114.59 0.71% 0.65 times
06 Wed May 2026 112.10 110.00 to 113.50 1.27% 1.21 times
05 Tue May 2026 110.69 109.00 to 111.55 1.79% 0.26 times
04 Mon May 2026 108.74 108.50 to 112.90 -1.65% 0.48 times
30 Thu Apr 2026 110.56 108.20 to 111.97 1.66% 0.19 times
29 Wed Apr 2026 108.75 107.82 to 113.01 -3.1% 0.84 times
28 Tue Apr 2026 112.23 110.53 to 113.72 -0.62% 0.69 times
27 Mon Apr 2026 112.93 111.39 to 115.00 2.01% 0.65 times
24 Fri Apr 2026 110.71 108.70 to 115.70 -0.97% 0.5 times

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