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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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 118.7 as stoploss in an intra day buy trade for a target of 122.76. However, stock will show a bearish move below 118.7.

SOMICONVEY Somi Conv is falling or rising NEWS fundamental reasons

Company Announcement Somi Conveyor Beltings Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2026-01-12

Company Announcement - NEWS as on 2025-12-29

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

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2025 - NEWS as on 2025-11-07

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

More announcements and NEWS

SOMICONVEY Somi Conv.belt. current price & indicator signals

Moving Averages for Somi Conv.belt.

  • 5Day Average: 118.19
  • 12Day Average: 120.65
  • 20Day Average: 123.02
  • 50Day Average: 131.64
  • 100Day Average: 138.02
  • 150Day Average: 143.34
  • 200Day Average: 152.69

SOMICONVEY Indicators & signals

Indicator MACD (12,26,9)

120.66, 124.35, -3.83
Indicator MACD is in negative zone

Indicator ADX (14)

7.58, 18.07, 21.04
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
16 Fri Jan 2026 119.64 117.51 to 125.00 -0.92% 0.43 times
14 Wed Jan 2026 120.75 119.00 to 124.00 1.75% 0.31 times
13 Tue Jan 2026 118.67 117.03 to 129.85 2.24% 3.31 times
12 Mon Jan 2026 116.07 110.41 to 119.01 0.23% 1.03 times
09 Fri Jan 2026 115.80 113.98 to 120.48 -2.42% 0.29 times
08 Thu Jan 2026 118.67 118.00 to 121.00 -1.17% 0.35 times
07 Wed Jan 2026 120.07 118.86 to 121.67 0.03% 0.34 times
06 Tue Jan 2026 120.03 119.00 to 123.93 -1.48% 0.72 times
05 Mon Jan 2026 121.83 117.31 to 128.75 -3.76% 2.43 times
02 Fri Jan 2026 126.59 123.27 to 130.79 0.29% 0.67 times
01 Thu Jan 2026 126.22 123.08 to 128.46 2.23% 0.56 times
31 Wed Dec 2025 123.47 122.06 to 128.98 -0.61% 1.59 times

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

 

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