(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 2024-04-09 View latest technical analysis
10 day averaged volume of Sofcom is 21793
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 47.74 | 51.60 | 51.65 | 47.30 | 0.515 times |
| 08 Mon Apr 2024 | 50.58 | 50.38 | 52.35 | 48.00 | 1.141 times |
| 05 Fri Apr 2024 | 50.45 | 52.50 | 52.50 | 48.99 | 0.702 times |
| 04 Thu Apr 2024 | 51.75 | 51.00 | 52.49 | 48.25 | 0.694 times |
| 03 Wed Apr 2024 | 50.47 | 48.70 | 51.00 | 47.30 | 1.585 times |
| 02 Tue Apr 2024 | 49.61 | 45.00 | 50.00 | 44.20 | 3.069 times |
| 01 Mon Apr 2024 | 46.72 | 42.79 | 47.00 | 41.00 | 1.372 times |
| 28 Thu Mar 2024 | 40.26 | 39.01 | 42.85 | 39.01 | 0.072 times |
| 27 Wed Mar 2024 | 39.73 | 42.99 | 42.99 | 38.40 | 0.437 times |
| 26 Tue Mar 2024 | 40.59 | 43.95 | 43.95 | 40.26 | 0.314 times |
My analysis of stock is bullish for shortterm, and stock might move up till 49.6 or till 53.9. Use a stoploss of 46 and if this stock hits its stoploss, then it can fall down till 42.39
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 38.40 |
| Downside Target | 41.00 |
| Downside Target | 43.95 |
| Downside Target | 46.00 |
| Downside Target | 47.30 |
| Upside Target | 49.78 |
| Upside Target | 52.35 |
| Upside Target | 52.50 |
| Upside Target | 56.95 |
| Upside Target | 59.00 |
| Upside Target | 59.90 |
| Upside Target | 63.10 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 45.91 |
| Downside Intraday Target | 44.08 |
| Upside Intraday Target | 50.96 |
| Upside Intraday Target | 54.18 |
| Upside Intraday Target | 49.13 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 47.74 | 50.38 | 52.35 | 47.30 | 0.223 times |
| 05 Fri Apr 2024 | 50.45 | 42.79 | 52.50 | 41.00 | 9.019 times |
| 28 Thu Mar 2024 | 40.26 | 43.95 | 43.95 | 38.40 | 0.108 times |
| 22 Fri Mar 2024 | 42.48 | 44.00 | 49.78 | 39.00 | 4.919 times |
| 15 Fri Mar 2024 | 44.22 | 46.00 | 50.50 | 41.01 | 0.607 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 |
| 09 Tue Apr 2024 | 47.74 | 42.79 | 52.50 | 41.00 | 0.683 times |
| 28 Thu Mar 2024 | 40.26 | 56.95 | 56.95 | 38.40 | 0.379 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 |
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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL signal for Sofcom in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 48.78 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 is giving positive 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL signal for Sofcom in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 48.78 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 is giving positive 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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