(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 2024-01-15 View latest technical analysis
10 day averaged volume of Sofcom is 67505
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Jan 2024 | 55.94 | 58.00 | 58.00 | 54.00 | 0.343 times |
| 12 Fri Jan 2024 | 56.58 | 56.74 | 58.00 | 52.25 | 0.412 times |
| 11 Thu Jan 2024 | 57.42 | 56.00 | 59.00 | 52.10 | 0.685 times |
| 10 Wed Jan 2024 | 56.83 | 56.30 | 57.50 | 50.50 | 3.721 times |
| 09 Tue Jan 2024 | 56.42 | 59.00 | 59.00 | 51.99 | 1.569 times |
| 08 Mon Jan 2024 | 54.77 | 48.00 | 54.90 | 48.00 | 1.553 times |
| 05 Fri Jan 2024 | 48.67 | 50.00 | 50.00 | 47.50 | 0.332 times |
| 04 Thu Jan 2024 | 49.68 | 50.00 | 50.98 | 48.00 | 0.237 times |
| 03 Wed Jan 2024 | 49.48 | 55.00 | 55.00 | 48.76 | 0.726 times |
| 02 Tue Jan 2024 | 54.00 | 50.00 | 57.00 | 49.00 | 0.388 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 57.3 as stoploss in an intra day sell trade for a target of 54.13. However, stock will show a bullish move above 57.3.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 46.00 |
| Downside Target | 47.15 |
| Downside Target | 49.00 |
| Downside Target | 53.30 |
| Upside Target | 57.00 |
| Upside Target | 59.00 |
| 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 | 53.96 |
| Downside Intraday Target | 51.98 |
| Upside Intraday Target | 57.96 |
| Upside Intraday Target | 59.98 |
| Upside Intraday Target | 55.98 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Jan 2024 | 55.94 | 58.00 | 58.00 | 54.00 | 0.043 times |
| 12 Fri Jan 2024 | 56.58 | 48.00 | 59.00 | 48.00 | 3.854 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 |
Price has moved down 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 |
| 15 Mon Jan 2024 | 55.94 | 50.00 | 59.00 | 47.50 | 1.404 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 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 term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sofcom ( (Sofcom) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Sofcom in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sofcom Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 55.36 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 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 term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sofcom ( (Sofcom) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Sofcom in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sofcom Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 55.36 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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