(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 2024-01-22 View latest technical analysis
10 day averaged volume of Sofcom is 63889
Date | Daily Closing Price | Open | High | Low | Volume |
22 Mon Jan 2024 | 51.30 | 50.00 | 52.66 | 49.53 | 0.13 times |
19 Fri Jan 2024 | 50.51 | 51.90 | 52.90 | 49.99 | 0.397 times |
18 Thu Jan 2024 | 51.81 | 53.50 | 53.50 | 50.06 | 0.274 times |
17 Wed Jan 2024 | 52.27 | 52.70 | 54.49 | 50.00 | 0.219 times |
16 Tue Jan 2024 | 52.71 | 56.00 | 58.50 | 51.02 | 0.358 times |
15 Mon Jan 2024 | 55.94 | 58.00 | 58.00 | 54.00 | 0.363 times |
12 Fri Jan 2024 | 56.58 | 56.74 | 58.00 | 52.25 | 0.435 times |
11 Thu Jan 2024 | 57.42 | 56.00 | 59.00 | 52.10 | 0.724 times |
10 Wed Jan 2024 | 56.83 | 56.30 | 57.50 | 50.50 | 3.931 times |
09 Tue Jan 2024 | 56.42 | 59.00 | 59.00 | 51.99 | 1.658 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 50.1 as stoploss in an intra day buy trade for a target of 52.81. However, stock will show a bearish move below 50.1.
Share price targets for Sofcom (Sofcom)
Target Type | Value |
Downside Target | 46.00 |
Downside Target | 47.15 |
Downside Target | 49.00 |
Upside Target | 52.66 |
Upside Target | 57.00 |
Upside Target | 58.50 |
Upside Target | 59.00 |
Upside Target | 60.10 |
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 | 49.67 |
Downside Intraday Target | 48.03 |
Upside Intraday Target | 52.8 |
Upside Intraday Target | 54.29 |
Downside Intraday Target | 51.16 |
Weekly technical analysis of Sofcom (Sofcom)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Mon Jan 2024 | 51.30 | 50.00 | 52.66 | 49.53 | 0.081 times |
19 Fri Jan 2024 | 50.51 | 58.00 | 58.50 | 49.99 | 0.192 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 |
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 |
22 Mon Jan 2024 | 51.30 | 50.00 | 59.00 | 47.50 | 1.581 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, and volume has increased substantially. This means that the move can 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 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 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 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 moving up
CCI has generated a buy signal for Sofcom in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 55.92 and Sofcom (Sofcom) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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 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 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 moving up
CCI has generated a buy signal for Sofcom in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 55.92 and Sofcom (Sofcom) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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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