(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 2024-03-01 View latest technical analysis
10 day averaged volume of Sofcom is 40523
Date | Daily Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 53.78 | 56.95 | 56.95 | 52.00 | 0.103 times |
29 Thu Feb 2024 | 54.97 | 56.49 | 56.49 | 53.20 | 0.102 times |
28 Wed Feb 2024 | 53.67 | 59.00 | 59.00 | 52.00 | 0.665 times |
27 Tue Feb 2024 | 56.52 | 57.47 | 57.47 | 54.50 | 0.24 times |
26 Mon Feb 2024 | 55.85 | 59.50 | 59.90 | 55.35 | 1.429 times |
23 Fri Feb 2024 | 57.14 | 55.00 | 58.99 | 52.00 | 0.956 times |
22 Thu Feb 2024 | 53.75 | 54.99 | 54.99 | 50.00 | 1.033 times |
21 Wed Feb 2024 | 52.53 | 52.00 | 54.99 | 51.00 | 0.434 times |
20 Tue Feb 2024 | 51.56 | 48.95 | 52.00 | 47.33 | 0.757 times |
19 Mon Feb 2024 | 49.32 | 46.50 | 51.00 | 41.25 | 1.745 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 54.3 as stoploss in an intra day sell trade for a target of 49.65. However, stock will show a bullish move above 54.3.
Share price targets for Sofcom (Sofcom)
Target Type | Value |
Downside Target | 41.25 |
Downside Target | 44.17 |
Downside Target | 46.00 |
Downside Target | 47.15 |
Downside Target | 49.99 |
Downside Target | 50.99 |
Upside Target | 56.95 |
Upside Target | 58.99 |
Upside Target | 59.00 |
Upside Target | 59.90 |
Upside Target | 63.00 |
Upside Target | 63.10 |
Intraday share price targets for Sofcom (Sofcom)
Target Type | Value |
Downside Intraday Target | 50.55 |
Downside Intraday Target | 47.33 |
Upside Intraday Target | 58.45 |
Upside Intraday Target | 63.13 |
Upside Intraday Target | 55.23 |
Weekly technical analysis of Sofcom (Sofcom)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Fri Mar 2024 | 53.78 | 59.50 | 59.90 | 52.00 | 0.515 times |
23 Fri Feb 2024 | 57.14 | 46.50 | 58.99 | 41.25 | 0.879 times |
16 Fri Feb 2024 | 43.93 | 47.99 | 47.99 | 42.15 | 1.593 times |
09 Fri Feb 2024 | 44.28 | 49.99 | 49.99 | 41.80 | 0.869 times |
02 Fri Feb 2024 | 48.23 | 49.99 | 50.99 | 44.17 | 1.827 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 |
01 Fri Mar 2024 | 53.78 | 56.95 | 56.95 | 52.00 | 0.005 times |
29 Thu Feb 2024 | 54.97 | 47.90 | 59.90 | 41.25 | 0.815 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 |
Scroll below to view daily charts
Price has moved down 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 neutral. A longer time frame might give a better analysis.
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 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 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 losing momentum.
MACD generated a BUY signal for Sofcom in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sofcom in short term but SELL signal is weak.
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 53.36 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 neutral. A longer time frame might give a better analysis.
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 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 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 losing momentum.
MACD generated a BUY signal for Sofcom in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sofcom in short term but SELL signal is weak.
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 53.36 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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