(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 2024-02-08 View latest technical analysis
10 day averaged volume of Sofcom is 27681
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 45.75 | 47.00 | 47.75 | 44.00 | 0.552 times |
| 07 Wed Feb 2024 | 46.93 | 48.89 | 48.89 | 41.80 | 0.609 times |
| 06 Tue Feb 2024 | 46.59 | 49.99 | 49.99 | 45.62 | 0.686 times |
| 05 Mon Feb 2024 | 48.69 | 49.99 | 49.99 | 46.00 | 0.252 times |
| 02 Fri Feb 2024 | 48.23 | 47.95 | 49.70 | 45.43 | 1.18 times |
| 01 Thu Feb 2024 | 48.39 | 47.90 | 50.99 | 45.00 | 2.262 times |
| 31 Wed Jan 2024 | 44.90 | 49.39 | 49.39 | 44.17 | 1.417 times |
| 30 Tue Jan 2024 | 46.89 | 49.75 | 49.75 | 45.00 | 0.734 times |
| 29 Mon Jan 2024 | 46.31 | 49.99 | 49.99 | 46.00 | 0.337 times |
| 25 Thu Jan 2024 | 47.36 | 49.00 | 49.99 | 46.10 | 0.78 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46, but if it comes above 46, then a intra day buy could be more profitable.
If you take a sell trade below 46, then use 46 as stoploss and 41.6 as target. However if you take a buy trade in stock , then use 46 as stoploss and 49.67 as target.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 41.80 |
| Downside Target | 44.17 |
| Upside 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 | 41.7 |
| Downside Intraday Target | 37.66 |
| Upside Intraday Target | 49.89 |
| Upside Intraday Target | 54.04 |
| Upside Intraday Target | 45.85 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 45.75 | 49.99 | 49.99 | 41.80 | 0.354 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 |
| 08 Thu Feb 2024 | 45.75 | 47.90 | 50.99 | 41.80 | 0.164 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 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 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 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 losing momentum.
MACD generated a SELL signal for Sofcom in short term and the sell signal is strong.
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 coming down
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 and the buying is gaining 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 47.11 and Sofcom (Sofcom) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 losing momentum.
MACD generated a SELL signal for Sofcom in short term and the sell signal is strong.
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 coming down
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 and the buying is gaining 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 47.11 and Sofcom (Sofcom) stock is trading below this level. This means that stock is falling with high volumes. 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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