(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 2024-05-06 View latest technical analysis
10 day averaged volume of Sofcom is 29470
Date | Daily Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 42.82 | 43.00 | 43.98 | 40.00 | 2.386 times |
03 Fri May 2024 | 42.94 | 44.80 | 44.80 | 39.99 | 1.441 times |
02 Thu May 2024 | 42.69 | 45.98 | 46.88 | 42.00 | 1.12 times |
30 Tue Apr 2024 | 46.36 | 46.90 | 46.90 | 42.40 | 1.388 times |
29 Mon Apr 2024 | 45.72 | 51.00 | 51.00 | 45.40 | 0.954 times |
26 Fri Apr 2024 | 49.48 | 51.00 | 51.00 | 47.53 | 0.238 times |
25 Thu Apr 2024 | 49.34 | 53.15 | 54.70 | 47.00 | 1.17 times |
24 Wed Apr 2024 | 50.52 | 50.20 | 50.95 | 47.25 | 0.808 times |
23 Tue Apr 2024 | 48.18 | 47.98 | 50.00 | 44.80 | 1.214 times |
22 Mon Apr 2024 | 44.54 | 47.00 | 49.40 | 44.00 | 1.098 times |
Stock of Sofcom (Sofcom) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45, but if it comes above 45, then a intra day buy could be more profitable.
If you take a sell trade below 45, then use 45 as stoploss and 41.5 as target. However if you take a buy trade in stock , then use 45 as stoploss and 47.84 as target.
Share price targets for Sofcom (Sofcom)
Target Type | Value |
Downside Target | 38.40 |
Downside Target | 39.99 |
Downside Target | 41.00 |
Upside Target | 43.98 |
Upside Target | 45.30 |
Upside Target | 46.88 |
Upside Target | 51.00 |
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 | 40.55 |
Downside Intraday Target | 38.29 |
Upside Intraday Target | 44.53 |
Upside Intraday Target | 46.25 |
Downside Intraday Target | 42.27 |
Weekly technical analysis of Sofcom (Sofcom)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 42.82 | 43.00 | 43.98 | 40.00 | 0.487 times |
03 Fri May 2024 | 42.94 | 51.00 | 51.00 | 39.99 | 1.082 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 |
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 |
06 Mon May 2024 | 42.82 | 45.98 | 46.88 | 39.99 | 0.288 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 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 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 Strong and stock is losing 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 but selling 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 45.49 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 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 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 Strong and stock is losing 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 but selling 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 45.49 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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