(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 2024-05-23 View latest technical analysis
10 day averaged volume of Sofcom is 23000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 36.30 | 36.95 | 36.95 | 34.15 | 0.171 times |
| 22 Wed May 2024 | 35.41 | 36.00 | 37.50 | 34.21 | 2.532 times |
| 21 Tue May 2024 | 35.98 | 35.75 | 36.90 | 32.00 | 2.426 times |
| 18 Sat May 2024 | 33.54 | 35.68 | 35.68 | 32.68 | 0.282 times |
| 17 Fri May 2024 | 34.01 | 36.00 | 37.25 | 33.00 | 0.712 times |
| 16 Thu May 2024 | 36.11 | 36.00 | 36.99 | 35.00 | 0.072 times |
| 15 Wed May 2024 | 36.65 | 35.99 | 37.25 | 35.10 | 1.313 times |
| 14 Tue May 2024 | 36.04 | 42.99 | 42.99 | 35.25 | 1.583 times |
| 13 Mon May 2024 | 38.82 | 39.90 | 41.99 | 36.05 | 0.888 times |
| 10 Fri May 2024 | 40.81 | 41.80 | 41.80 | 38.57 | 0.138 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 35.7 as stoploss in an intra day buy trade for a target of 40.44. However, stock will show a bearish move below 35.7.
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 | 33.03 |
| Downside Intraday Target | 29.77 |
| Upside Intraday Target | 38.53 |
| Upside Intraday Target | 40.77 |
| Downside Intraday Target | 35.27 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 36.30 | 35.75 | 37.50 | 32.00 | 1.058 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 |
| 23 Thu May 2024 | 36.30 | 45.98 | 46.88 | 32.00 | 0.826 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 moving up
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 and selling is picking up 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 36.05 and Sofcom (Sofcom) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 moving up
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 and selling is picking up 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 36.05 and Sofcom (Sofcom) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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