(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 2024-01-16 View latest technical analysis
10 day averaged volume of Sofcom is 67277
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 52.71 | 56.00 | 58.50 | 51.02 | 0.34 times |
| 15 Mon Jan 2024 | 55.94 | 58.00 | 58.00 | 54.00 | 0.345 times |
| 12 Fri Jan 2024 | 56.58 | 56.74 | 58.00 | 52.25 | 0.413 times |
| 11 Thu Jan 2024 | 57.42 | 56.00 | 59.00 | 52.10 | 0.687 times |
| 10 Wed Jan 2024 | 56.83 | 56.30 | 57.50 | 50.50 | 3.733 times |
| 09 Tue Jan 2024 | 56.42 | 59.00 | 59.00 | 51.99 | 1.574 times |
| 08 Mon Jan 2024 | 54.77 | 48.00 | 54.90 | 48.00 | 1.558 times |
| 05 Fri Jan 2024 | 48.67 | 50.00 | 50.00 | 47.50 | 0.333 times |
| 04 Thu Jan 2024 | 49.68 | 50.00 | 50.98 | 48.00 | 0.238 times |
| 03 Wed Jan 2024 | 49.48 | 55.00 | 55.00 | 48.76 | 0.728 times |
My analysis of stock is bearish for shortterm, and stock might move down till 50.8 or till 47.1. Use a stoploss of 53.88 and if the stock hits stoploss, then it can shoot up till 56.95
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 46.00 |
| Downside Target | 47.15 |
| Downside Target | 49.00 |
| Downside Target | 51.02 |
| Upside Target | 53.30 |
| Upside Target | 57.00 |
| Upside Target | 58.50 |
| Upside Target | 60.10 |
| Upside Target | 60.99 |
| Upside Target | 63.00 |
| Upside Target | 63.10 |
| Upside Target | 68.89 |
| Upside Target | 69.90 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 49.65 |
| Downside Intraday Target | 46.6 |
| Upside Intraday Target | 57.13 |
| Upside Intraday Target | 61.56 |
| Upside Intraday Target | 54.08 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 52.71 | 58.00 | 58.50 | 51.02 | 0.086 times |
| 12 Fri Jan 2024 | 56.58 | 48.00 | 59.00 | 48.00 | 3.854 times |
| 05 Fri Jan 2024 | 48.67 | 50.00 | 57.00 | 47.50 | 1.529 times |
| 29 Fri Dec 2023 | 50.17 | 57.00 | 57.00 | 49.00 | 1.84 times |
| 22 Fri Dec 2023 | 55.25 | 60.99 | 60.99 | 49.10 | 0.251 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 |
| 16 Tue Jan 2024 | 52.71 | 50.00 | 59.00 | 47.50 | 1.45 times |
| 29 Fri Dec 2023 | 50.17 | 51.99 | 63.10 | 46.00 | 1.098 times |
| 30 Thu Nov 2023 | 48.37 | 63.00 | 63.00 | 47.15 | 1.782 times |
| 31 Tue Oct 2023 | 60.43 | 68.89 | 68.89 | 53.30 | 1.676 times |
Scroll below to view daily charts
Price has moved up 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sofcom in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 55.32 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 positive
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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sofcom in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 55.32 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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