(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 2024-05-22 View latest technical analysis
10 day averaged volume of Sofcom is 17241
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 35.41 | 36.00 | 37.50 | 34.21 | 3.377 times |
| 21 Tue May 2024 | 35.98 | 35.75 | 36.90 | 32.00 | 3.236 times |
| 18 Sat May 2024 | 33.54 | 35.68 | 35.68 | 32.68 | 0.376 times |
| 17 Fri May 2024 | 34.01 | 36.00 | 37.25 | 33.00 | 0.95 times |
| 16 Thu May 2024 | 36.11 | 36.00 | 36.99 | 35.00 | 0.096 times |
| 15 Wed May 2024 | 36.65 | 35.99 | 37.25 | 35.10 | 1.751 times |
| 14 Tue May 2024 | 36.04 | 42.99 | 42.99 | 35.25 | 2.111 times |
| 13 Mon May 2024 | 38.82 | 39.90 | 41.99 | 36.05 | 1.185 times |
| 10 Fri May 2024 | 40.81 | 41.80 | 41.80 | 38.57 | 0.184 times |
| 09 Thu May 2024 | 40.56 | 43.00 | 43.00 | 40.30 | 0.074 times |
Stock of Sofcom (Sofcom) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36, but if it comes above 36, then a intra day buy could be more profitable.
If you take a sell trade below 36, then use 36 as stoploss and 29.8 as target. However if you take a buy trade in stock , then use 36 as stoploss and 41.15 as target.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 32.00 |
| Downside Target | 32.68 |
| Upside Target | 37.50 |
| Upside Target | 38.40 |
| Upside Target | 39.99 |
| Upside Target | 41.00 |
| Upside Target | 42.99 |
| Upside Target | 43.99 |
| Upside Target | 46.88 |
| Upside Target | 51.00 |
| Upside Target | 54.70 |
| Upside Target | 55.00 |
| Upside Target | 56.95 |
| Upside Target | 59.00 |
| Upside Target | 59.90 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 32.44 |
| Downside Intraday Target | 29.47 |
| Upside Intraday Target | 37.94 |
| Upside Intraday Target | 40.47 |
| Downside Intraday Target | 34.97 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 35.41 | 35.75 | 37.50 | 32.00 | 1.022 times |
| 18 Sat May 2024 | 33.54 | 39.90 | 42.99 | 32.68 | 0.982 times |
| 10 Fri May 2024 | 40.81 | 43.00 | 43.99 | 38.57 | 0.786 times |
| 03 Fri May 2024 | 42.94 | 51.00 | 51.00 | 39.99 | 1.082 times |
| 26 Fri Apr 2024 | 49.48 | 47.00 | 54.70 | 44.00 | 3.343 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 Wed May 2024 | 35.41 | 45.98 | 46.88 | 32.00 | 0.819 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 |
| 29 Thu Feb 2024 | 54.97 | 47.90 | 59.90 | 41.25 | 0.815 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 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 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 losing momentum.
MACD generated a SELL signal for Sofcom in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sofcom Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Sofcom in short term but BUY signal is weak.
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 36.07 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 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 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 losing momentum.
MACD generated a SELL signal for Sofcom in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sofcom Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Sofcom in short term but BUY signal is weak.
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 36.07 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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