(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 2024-06-18 View latest technical analysis
10 day averaged volume of Sofcom is 25388
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 30.94 | 30.00 | 31.29 | 28.99 | 0.773 times |
| 14 Fri Jun 2024 | 30.90 | 32.80 | 32.80 | 28.30 | 1.078 times |
| 13 Thu Jun 2024 | 30.90 | 32.80 | 32.80 | 28.30 | 1.078 times |
| 12 Wed Jun 2024 | 30.11 | 31.00 | 31.89 | 30.00 | 0.296 times |
| 11 Tue Jun 2024 | 31.36 | 30.00 | 31.80 | 28.30 | 0.938 times |
| 10 Mon Jun 2024 | 29.88 | 33.00 | 33.00 | 29.00 | 2.096 times |
| 07 Fri Jun 2024 | 31.19 | 33.00 | 33.00 | 30.10 | 0.817 times |
| 06 Thu Jun 2024 | 30.46 | 33.80 | 33.80 | 30.00 | 2.555 times |
| 05 Wed Jun 2024 | 33.18 | 38.00 | 38.00 | 31.90 | 0.731 times |
| 04 Tue Jun 2024 | 34.50 | 36.60 | 36.60 | 31.60 | 0.201 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31, but if it comes above 31, then a intra day buy could be more profitable.
If you take a sell trade below 31, then use 31 as stoploss and 28.3 as target. However if you take a buy trade in stock , then use 31 as stoploss and 33.26 as target.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 28.30 |
| Downside Target | 28.99 |
| Downside Target | 29.99 |
| Upside Target | 31.29 |
| Upside Target | 32.00 |
| Upside Target | 33.00 |
| Upside Target | 37.50 |
| Upside Target | 41.00 |
| Upside Target | 41.25 |
| Upside Target | 46.88 |
| Upside Target | 55.00 |
| Upside Target | 56.95 |
| Upside Target | 59.90 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 29.52 |
| Downside Intraday Target | 28.11 |
| Upside Intraday Target | 31.82 |
| Upside Intraday Target | 32.71 |
| Downside Intraday Target | 30.41 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 30.94 | 30.00 | 31.29 | 28.99 | 0.141 times |
| 14 Fri Jun 2024 | 30.90 | 33.00 | 33.00 | 28.30 | 1.215 times |
| 07 Fri Jun 2024 | 31.19 | 35.95 | 38.00 | 30.00 | 2.095 times |
| 31 Fri May 2024 | 35.40 | 32.50 | 38.50 | 29.99 | 0.411 times |
| 24 Fri May 2024 | 34.06 | 35.75 | 37.50 | 32.00 | 1.193 times |
Price has moved up 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 |
| 18 Tue Jun 2024 | 30.94 | 35.95 | 38.00 | 28.30 | 0.56 times |
| 31 Fri May 2024 | 35.40 | 45.98 | 46.88 | 29.99 | 0.964 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 |
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 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 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 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 BUY signal for Sofcom in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sofcom Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
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 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 30.86 and Sofcom (Sofcom) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 BUY signal for Sofcom in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sofcom Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
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 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 30.86 and Sofcom (Sofcom) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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