(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 2024-05-02 View latest technical analysis
10 day averaged volume of Sofcom is 24225
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 42.69 | 45.98 | 46.88 | 42.00 | 1.362 times |
| 30 Tue Apr 2024 | 46.36 | 46.90 | 46.90 | 42.40 | 1.688 times |
| 29 Mon Apr 2024 | 45.72 | 51.00 | 51.00 | 45.40 | 1.16 times |
| 26 Fri Apr 2024 | 49.48 | 51.00 | 51.00 | 47.53 | 0.29 times |
| 25 Thu Apr 2024 | 49.34 | 53.15 | 54.70 | 47.00 | 1.424 times |
| 24 Wed Apr 2024 | 50.52 | 50.20 | 50.95 | 47.25 | 0.983 times |
| 23 Tue Apr 2024 | 48.18 | 47.98 | 50.00 | 44.80 | 1.477 times |
| 22 Mon Apr 2024 | 44.54 | 47.00 | 49.40 | 44.00 | 1.336 times |
| 19 Fri Apr 2024 | 47.23 | 47.49 | 47.49 | 46.92 | 0.692 times |
| 18 Thu Apr 2024 | 45.95 | 48.41 | 48.41 | 45.30 | 0.488 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 43.3, for a target of 46.2 or 48.56
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 38.40 |
| Downside Target | 41.00 |
| Upside Target | 44.00 |
| Upside Target | 45.30 |
| Upside Target | 46.88 |
| Upside Target | 51.00 |
| Upside Target | 52.50 |
| Upside Target | 54.70 |
| Upside Target | 55.00 |
| Upside Target | 56.95 |
| Upside Target | 59.00 |
| Upside Target | 59.90 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 39.46 |
| Downside Intraday Target | 36.23 |
| Upside Intraday Target | 48.46 |
| Upside Intraday Target | 54.23 |
| Upside Intraday Target | 45.23 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 42.69 | 51.00 | 51.00 | 42.00 | 0.764 times |
| 26 Fri Apr 2024 | 49.48 | 47.00 | 54.70 | 44.00 | 3.343 times |
| 19 Fri Apr 2024 | 47.23 | 51.00 | 51.00 | 45.30 | 0.39 times |
| 12 Fri Apr 2024 | 51.57 | 50.38 | 55.00 | 46.99 | 0.633 times |
| 05 Fri Apr 2024 | 50.45 | 42.79 | 52.50 | 41.00 | 9.019 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 |
| 02 Thu May 2024 | 42.69 | 45.98 | 46.88 | 42.00 | 0.065 times |
| 30 Tue Apr 2024 | 46.36 | 42.79 | 55.00 | 41.00 | 1.749 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 |
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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sofcom stock for short term is SELL. 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 coming down
CCI has generated a SELL signal for Sofcom in short term and SELL signal is strong!
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 46.74 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sofcom stock for short term is SELL. 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 coming down
CCI has generated a SELL signal for Sofcom in short term and SELL signal is strong!
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 46.74 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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