(Sofcom) Sofcom complete technical analysis [charts+indicators] | Buy/Sell Sofcom | (Sofcom) share price targets
Complete technical analysis of Sofcom (Sofcom) by charts plus indicators, forecast predictions and share price targets for Sofcom (Sofcom)
Showing technical analysis as on 2024-01-08 View latest technical analysis
10 day averaged volume of Sofcom is 23284
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jan 2024 | 54.77 | 48.00 | 54.90 | 48.00 | 4.502 times |
| 05 Fri Jan 2024 | 48.67 | 50.00 | 50.00 | 47.50 | 0.963 times |
| 04 Thu Jan 2024 | 49.68 | 50.00 | 50.98 | 48.00 | 0.687 times |
| 03 Wed Jan 2024 | 49.48 | 55.00 | 55.00 | 48.76 | 2.104 times |
| 02 Tue Jan 2024 | 54.00 | 50.00 | 57.00 | 49.00 | 1.126 times |
| 01 Mon Jan 2024 | 50.01 | 50.00 | 52.00 | 48.75 | 1.094 times |
| 29 Fri Dec 2023 | 50.17 | 52.75 | 53.25 | 50.00 | 0.396 times |
| 28 Thu Dec 2023 | 51.81 | 54.90 | 56.00 | 49.00 | 1.061 times |
| 27 Wed Dec 2023 | 54.94 | 52.75 | 55.00 | 50.00 | 1.094 times |
| 26 Tue Dec 2023 | 50.86 | 57.00 | 57.00 | 50.50 | 1.356 times |
Stock of Sofcom (Sofcom) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 57.8 or till 62. Use a stoploss of 54.26 and if this stock hits its stoploss, then it can fall down till 50.76
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 46.00 |
| Downside Target | 47.15 |
| Downside Target | 49.00 |
| Downside Target | 52.00 |
| Downside Target | 53.30 |
| Upside Target | 54.90 |
| Upside Target | 57.00 |
| Upside Target | 60.10 |
| Upside Target | 60.99 |
| Upside Target | 63.00 |
| Upside Target | 63.10 |
| Upside Target | 68.89 |
| Upside Target | 69.90 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 50.21 |
| Downside Intraday Target | 45.66 |
| Upside Intraday Target | 57.11 |
| Upside Intraday Target | 59.46 |
| Downside Intraday Target | 52.56 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jan 2024 | 54.77 | 48.00 | 54.90 | 48.00 | 0.754 times |
| 05 Fri Jan 2024 | 48.67 | 50.00 | 57.00 | 47.50 | 1.529 times |
| 29 Fri Dec 2023 | 50.17 | 57.00 | 57.00 | 49.00 | 1.84 times |
| 22 Fri Dec 2023 | 55.25 | 60.99 | 60.99 | 49.10 | 0.251 times |
| 15 Fri Dec 2023 | 61.91 | 57.00 | 63.10 | 52.00 | 1.499 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 Sofcom (Sofcom)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Mon Jan 2024 | 54.77 | 50.00 | 57.00 | 47.50 | 0.49 times |
| 29 Fri Dec 2023 | 50.17 | 51.99 | 63.10 | 46.00 | 1.098 times |
| 30 Thu Nov 2023 | 48.37 | 63.00 | 63.00 | 47.15 | 1.782 times |
| 31 Tue Oct 2023 | 60.43 | 68.89 | 68.89 | 53.30 | 1.676 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Sofcom (Sofcom)
Price action analysis of Sofcom ( (Sofcom) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sofcom ( (Sofcom) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sofcom ( (Sofcom) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sofcom ( (Sofcom) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sofcom in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sofcom Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 Sofcom in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Sofcom is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.22 and Sofcom (Sofcom) 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 Sofcom (Sofcom) stock. Volume based technical analysis of Sofcom (Sofcom) stock is negative.
Sofcom Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Sofcom ( (Sofcom) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sofcom ( (Sofcom) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sofcom ( (Sofcom) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sofcom ( (Sofcom) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sofcom in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sofcom Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 Sofcom in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Sofcom is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.22 and Sofcom (Sofcom) 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 Sofcom (Sofcom) stock. Volume based technical analysis of Sofcom (Sofcom) stock is negative.
Sofcom Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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