(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 2024-02-07 View latest technical analysis
10 day averaged volume of Sofcom is 27167
Date | Daily Closing Price | Open | High | Low | Volume |
07 Wed Feb 2024 | 46.93 | 48.89 | 48.89 | 41.80 | 0.621 times |
06 Tue Feb 2024 | 46.59 | 49.99 | 49.99 | 45.62 | 0.699 times |
05 Mon Feb 2024 | 48.69 | 49.99 | 49.99 | 46.00 | 0.257 times |
02 Fri Feb 2024 | 48.23 | 47.95 | 49.70 | 45.43 | 1.202 times |
01 Thu Feb 2024 | 48.39 | 47.90 | 50.99 | 45.00 | 2.305 times |
31 Wed Jan 2024 | 44.90 | 49.39 | 49.39 | 44.17 | 1.444 times |
30 Tue Jan 2024 | 46.89 | 49.75 | 49.75 | 45.00 | 0.748 times |
29 Mon Jan 2024 | 46.31 | 49.99 | 49.99 | 46.00 | 0.344 times |
25 Thu Jan 2024 | 47.36 | 49.00 | 49.99 | 46.10 | 0.794 times |
24 Wed Jan 2024 | 46.40 | 51.93 | 51.93 | 46.00 | 1.776 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 46.4 as stoploss in an intra day buy trade for a target of 50.22. However, stock will show a bearish move below 46.4.
Share price targets for Sofcom (Sofcom)
Target Type | Value |
Downside Target | 41.80 |
Downside Target | 44.17 |
Downside Target | 46.00 |
Upside Target | 47.15 |
Upside Target | 49.99 |
Upside Target | 50.99 |
Upside Target | 53.30 |
Upside Target | 54.99 |
Upside Target | 58.50 |
Upside Target | 59.00 |
Upside Target | 63.00 |
Upside Target | 63.10 |
Upside Target | 68.89 |
Intraday share price targets for Sofcom (Sofcom)
Target Type | Value |
Downside Intraday Target | 42.49 |
Downside Intraday Target | 38.05 |
Upside Intraday Target | 50.68 |
Upside Intraday Target | 54.43 |
Downside Intraday Target | 46.24 |
Weekly technical analysis of Sofcom (Sofcom)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Wed Feb 2024 | 46.93 | 49.99 | 49.99 | 41.80 | 0.261 times |
02 Fri Feb 2024 | 48.23 | 49.99 | 50.99 | 44.17 | 1.827 times |
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 |
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 |
07 Wed Feb 2024 | 46.93 | 47.90 | 50.99 | 41.80 | 0.147 times |
31 Wed Jan 2024 | 44.90 | 50.00 | 59.00 | 44.17 | 1.883 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sofcom ( (Sofcom) ) based on a short 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 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 SELL. 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 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
Stock of Sofcom is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.06 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sofcom ( (Sofcom) ) based on a short 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 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 SELL. 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 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
Stock of Sofcom is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.06 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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