(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 2024-07-23 View latest technical analysis
10 day averaged volume of Sofcom is 9117
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 35.49 | 35.49 | 35.49 | 35.49 | 0.074 times |
| 22 Mon Jul 2024 | 36.21 | 36.21 | 36.21 | 36.21 | 0.008 times |
| 19 Fri Jul 2024 | 36.94 | 36.94 | 36.94 | 36.94 | 0.45 times |
| 18 Thu Jul 2024 | 37.69 | 36.25 | 37.69 | 36.25 | 5.661 times |
| 16 Tue Jul 2024 | 36.98 | 37.00 | 37.00 | 36.98 | 0.024 times |
| 15 Mon Jul 2024 | 37.73 | 39.00 | 39.00 | 37.73 | 0.967 times |
| 12 Fri Jul 2024 | 38.50 | 37.20 | 38.50 | 37.09 | 1.051 times |
| 11 Thu Jul 2024 | 37.84 | 37.10 | 37.84 | 36.36 | 0.845 times |
| 10 Wed Jul 2024 | 37.10 | 37.00 | 37.10 | 36.80 | 0.555 times |
| 09 Tue Jul 2024 | 37.10 | 36.00 | 37.10 | 35.80 | 0.439 times |
My analysis of stock is bearish for shortterm, and stock might move down till 34.3 or till 32.2. Use a stoploss of 36.03 and if the stock hits stoploss, then it can shoot up till 37.75
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 28.30 |
| Downside Target | 29.99 |
| Downside Target | 33.62 |
| Downside Target | 35.49 |
| Upside Target | 38.00 |
| Upside Target | 38.50 |
| Upside Target | 39.00 |
| Upside Target | 41.00 |
| Upside Target | 46.88 |
| Upside Target | 55.00 |
| Upside Target | 56.95 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 35.25 |
| Downside Intraday Target | 35.01 |
| Upside Intraday Target | 35.97 |
| Upside Intraday Target | 36.45 |
| Upside Intraday Target | 35.73 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 35.49 | 36.21 | 36.21 | 35.49 | 0.011 times |
| 19 Fri Jul 2024 | 36.94 | 39.00 | 39.00 | 36.25 | 2.458 times |
| 12 Fri Jul 2024 | 38.50 | 36.40 | 38.50 | 35.80 | 0.583 times |
| 05 Fri Jul 2024 | 36.45 | 33.85 | 36.45 | 33.62 | 0.482 times |
| 28 Fri Jun 2024 | 35.38 | 30.80 | 35.79 | 28.52 | 1.466 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 |
| 23 Tue Jul 2024 | 35.49 | 33.85 | 39.00 | 33.62 | 0.333 times |
| 28 Fri Jun 2024 | 35.38 | 35.95 | 38.00 | 28.30 | 0.842 times |
| 31 Fri May 2024 | 35.40 | 45.98 | 46.88 | 29.99 | 0.964 times |
| 30 Tue Apr 2024 | 46.36 | 42.79 | 55.00 | 41.00 | 1.749 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sofcom in short term but the sell signal is initial and weak.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sofcom in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 37.68 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sofcom in short term but the sell signal is initial and weak.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sofcom in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 37.68 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.
Click here for further forecast and predictions for tomorrow