(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 2024-02-19 View latest technical analysis
10 day averaged volume of Sofcom is 36979
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Feb 2024 | 49.32 | 46.50 | 51.00 | 41.25 | 1.912 times |
| 16 Fri Feb 2024 | 43.93 | 43.50 | 44.90 | 42.15 | 2.892 times |
| 15 Thu Feb 2024 | 43.10 | 43.00 | 45.45 | 42.25 | 0.635 times |
| 14 Wed Feb 2024 | 43.60 | 46.00 | 46.00 | 42.60 | 0.99 times |
| 13 Tue Feb 2024 | 46.03 | 45.99 | 46.90 | 43.25 | 0.612 times |
| 12 Mon Feb 2024 | 44.93 | 47.99 | 47.99 | 43.10 | 1.015 times |
| 09 Fri Feb 2024 | 44.28 | 47.00 | 47.50 | 43.05 | 2.286 times |
| 08 Thu Feb 2024 | 45.75 | 47.00 | 47.75 | 44.00 | 0.413 times |
| 07 Wed Feb 2024 | 46.93 | 48.89 | 48.89 | 41.80 | 0.456 times |
| 06 Tue Feb 2024 | 46.59 | 49.99 | 49.99 | 45.62 | 0.514 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.6, but if it comes below 48.6, then a intra day sell could be more profitable.
If you take a sell trade below 48.6, then use 48.6 as stoploss and 46.56 as target. However if you take a buy trade in stock , then use 48.6 as stoploss and 51.1 as target.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 41.25 |
| Downside Target | 44.17 |
| Downside Target | 46.00 |
| Downside Target | 47.15 |
| Upside Target | 49.99 |
| Upside Target | 50.99 |
| Upside Target | 51.00 |
| Upside Target | 53.30 |
| Upside Target | 54.99 |
| Upside Target | 59.00 |
| Upside Target | 63.00 |
| Upside Target | 63.10 |
| Upside Target | 68.89 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 43.38 |
| Downside Intraday Target | 37.44 |
| Upside Intraday Target | 53.13 |
| Upside Intraday Target | 56.94 |
| Downside Intraday Target | 47.19 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Feb 2024 | 49.32 | 46.50 | 51.00 | 41.25 | 0.311 times |
| 16 Fri Feb 2024 | 43.93 | 47.99 | 47.99 | 42.15 | 1.593 times |
| 09 Fri Feb 2024 | 44.28 | 49.99 | 49.99 | 41.80 | 0.869 times |
| 02 Fri Feb 2024 | 48.23 | 49.99 | 50.99 | 44.17 | 1.827 times |
| 25 Thu Jan 2024 | 47.36 | 50.00 | 54.99 | 46.00 | 0.873 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 |
| 19 Mon Feb 2024 | 49.32 | 47.90 | 51.00 | 41.25 | 0.572 times |
| 31 Wed Jan 2024 | 44.90 | 50.00 | 59.00 | 44.17 | 1.883 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sofcom ( (Sofcom) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sofcom in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 45.3 and Sofcom (Sofcom) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sofcom ( (Sofcom) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sofcom in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 45.3 and Sofcom (Sofcom) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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