(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 2024-01-25 View latest technical analysis
10 day averaged volume of Sofcom is 24525
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Jan 2024 | 47.36 | 49.00 | 49.99 | 46.10 | 0.88 times |
| 24 Wed Jan 2024 | 46.40 | 51.93 | 51.93 | 46.00 | 1.967 times |
| 23 Tue Jan 2024 | 48.34 | 53.00 | 54.99 | 47.71 | 0.478 times |
| 22 Mon Jan 2024 | 51.30 | 50.00 | 52.66 | 49.53 | 0.339 times |
| 19 Fri Jan 2024 | 50.51 | 51.90 | 52.90 | 49.99 | 1.033 times |
| 18 Thu Jan 2024 | 51.81 | 53.50 | 53.50 | 50.06 | 0.714 times |
| 17 Wed Jan 2024 | 52.27 | 52.70 | 54.49 | 50.00 | 0.57 times |
| 16 Tue Jan 2024 | 52.71 | 56.00 | 58.50 | 51.02 | 0.933 times |
| 15 Mon Jan 2024 | 55.94 | 58.00 | 58.00 | 54.00 | 0.945 times |
| 12 Fri Jan 2024 | 56.58 | 56.74 | 58.00 | 52.25 | 1.134 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.7, but if it comes above 48.7, then a intra day buy could be more profitable.
If you take a sell trade below 48.7, then use 48.7 as stoploss and 44.7 as target. However if you take a buy trade in stock , then use 48.7 as stoploss and 52.03 as target.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 46.00 |
| Downside Target | 47.15 |
| Upside Target | 49.00 |
| Upside Target | 49.99 |
| Upside Target | 53.30 |
| Upside Target | 54.99 |
| Upside Target | 57.00 |
| Upside Target | 58.50 |
| Upside Target | 59.00 |
| Upside Target | 60.10 |
| 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 | 43.91 |
| Downside Intraday Target | 40.46 |
| Upside Intraday Target | 52.9 |
| Upside Intraday Target | 58.44 |
| Upside Intraday Target | 49.45 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Jan 2024 | 47.36 | 50.00 | 54.99 | 46.00 | 0.873 times |
| 19 Fri Jan 2024 | 50.51 | 58.00 | 58.50 | 49.99 | 0.192 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 |
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 |
| 25 Thu Jan 2024 | 47.36 | 50.00 | 59.00 | 46.00 | 1.745 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 down this month, and volume has increased substantially. This means that the move can 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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Sofcom in short term and the sell signal is strong.
Sofcom Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Sofcom in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 51 and Sofcom (Sofcom) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Sofcom in short term and the sell signal is strong.
Sofcom Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Sofcom in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 51 and Sofcom (Sofcom) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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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