(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 2024-06-24 View latest technical analysis
10 day averaged volume of Sofcom is 22391
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 30.45 | 30.80 | 30.80 | 29.11 | 0.597 times |
| 21 Fri Jun 2024 | 30.45 | 30.80 | 30.80 | 29.11 | 0.597 times |
| 20 Thu Jun 2024 | 30.64 | 29.86 | 31.80 | 29.86 | 0.322 times |
| 19 Wed Jun 2024 | 31.43 | 32.95 | 32.95 | 29.49 | 1.057 times |
| 18 Tue Jun 2024 | 30.94 | 30.00 | 31.29 | 28.99 | 0.876 times |
| 14 Fri Jun 2024 | 30.90 | 32.80 | 32.80 | 28.30 | 1.222 times |
| 13 Thu Jun 2024 | 30.90 | 32.80 | 32.80 | 28.30 | 1.222 times |
| 12 Wed Jun 2024 | 30.11 | 31.00 | 31.89 | 30.00 | 0.336 times |
| 11 Tue Jun 2024 | 31.36 | 30.00 | 31.80 | 28.30 | 1.064 times |
| 10 Mon Jun 2024 | 29.88 | 33.00 | 33.00 | 29.00 | 2.377 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 30.2 as stoploss in an intra day buy trade for a target of 32.32. However, stock will show a bearish move below 30.2.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 28.30 |
| Downside Target | 28.99 |
| Downside Target | 29.99 |
| Upside Target | 30.80 |
| Upside Target | 32.95 |
| Upside Target | 38.00 |
| 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 | 29.44 |
| Downside Intraday Target | 28.43 |
| Upside Intraday Target | 31.13 |
| Upside Intraday Target | 31.81 |
| Downside Intraday Target | 30.12 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 30.45 | 30.80 | 30.80 | 29.11 | 0.209 times |
| 21 Fri Jun 2024 | 30.45 | 30.00 | 32.95 | 28.99 | 0.459 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 |
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 |
| 24 Mon Jun 2024 | 30.45 | 35.95 | 38.00 | 28.30 | 0.678 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 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 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 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
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sofcom is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 30.67 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 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 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 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
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sofcom is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 30.67 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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