(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 2024-06-20 View latest technical analysis
10 day averaged volume of Sofcom is 28673
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 30.64 | 29.86 | 31.80 | 29.86 | 0.252 times |
| 19 Wed Jun 2024 | 31.43 | 32.95 | 32.95 | 29.49 | 0.826 times |
| 18 Tue Jun 2024 | 30.94 | 30.00 | 31.29 | 28.99 | 0.684 times |
| 14 Fri Jun 2024 | 30.90 | 32.80 | 32.80 | 28.30 | 0.954 times |
| 13 Thu Jun 2024 | 30.90 | 32.80 | 32.80 | 28.30 | 0.954 times |
| 12 Wed Jun 2024 | 30.11 | 31.00 | 31.89 | 30.00 | 0.262 times |
| 11 Tue Jun 2024 | 31.36 | 30.00 | 31.80 | 28.30 | 0.831 times |
| 10 Mon Jun 2024 | 29.88 | 33.00 | 33.00 | 29.00 | 1.856 times |
| 07 Fri Jun 2024 | 31.19 | 33.00 | 33.00 | 30.10 | 0.724 times |
| 06 Thu Jun 2024 | 30.46 | 33.80 | 33.80 | 30.00 | 2.262 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 30.6 as stoploss in an intra day buy trade for a target of 32.8. However, stock will show a bearish move below 30.6.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 28.30 |
| Downside Target | 28.99 |
| Downside Target | 29.99 |
| Upside Target | 32.00 |
| Upside Target | 32.95 |
| Upside Target | 37.50 |
| Upside Target | 38.50 |
| 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 | 28.77 |
| Downside Intraday Target | 26.9 |
| Upside Intraday Target | 32.73 |
| Upside Intraday Target | 34.82 |
| Upside Intraday Target | 30.86 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 30.64 | 30.00 | 32.95 | 28.99 | 0.363 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 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 |
| 20 Thu Jun 2024 | 30.64 | 35.95 | 38.00 | 28.30 | 0.623 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 30.68 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 30.68 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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