(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 2024-08-08 View latest technical analysis
10 day averaged volume of Sofcom is 11217
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 40.88 | 40.50 | 40.88 | 39.35 | 0.454 times |
| 07 Wed Aug 2024 | 40.08 | 39.49 | 40.08 | 38.71 | 0.577 times |
| 06 Tue Aug 2024 | 39.49 | 39.50 | 39.50 | 39.49 | 0.492 times |
| 05 Mon Aug 2024 | 38.99 | 37.58 | 38.99 | 37.58 | 0.267 times |
| 02 Fri Aug 2024 | 38.34 | 37.60 | 38.34 | 37.60 | 0.313 times |
| 01 Thu Aug 2024 | 37.59 | 37.59 | 37.59 | 37.50 | 0.045 times |
| 31 Wed Jul 2024 | 36.86 | 38.34 | 38.34 | 36.86 | 1.032 times |
| 30 Tue Jul 2024 | 37.61 | 36.16 | 37.61 | 36.16 | 1.274 times |
| 29 Mon Jul 2024 | 36.89 | 35.45 | 36.89 | 35.45 | 1.926 times |
| 26 Fri Jul 2024 | 36.17 | 37.40 | 37.40 | 36.17 | 2.335 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 40.6, for a target of 39 or 37.67
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 28.30 |
| Downside Target | 29.99 |
| Downside Target | 33.62 |
| Downside Target | 34.79 |
| Downside Target | 37.40 |
| Downside Target | 39.00 |
| Downside Target | 40.88 |
| Upside Target | 41.00 |
| Upside Target | 46.88 |
| Upside Target | 55.00 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 38.68 |
| Downside Intraday Target | 36.48 |
| Upside Intraday Target | 41.98 |
| Upside Intraday Target | 43.08 |
| Downside Intraday Target | 39.78 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 40.88 | 37.58 | 40.88 | 37.58 | 0.39 times |
| 02 Fri Aug 2024 | 38.34 | 35.45 | 38.34 | 35.45 | 0.852 times |
| 26 Fri Jul 2024 | 36.17 | 36.21 | 37.40 | 34.79 | 0.933 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 |
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 |
| 08 Thu Aug 2024 | 40.88 | 37.59 | 40.88 | 37.50 | 0.099 times |
| 31 Wed Jul 2024 | 36.86 | 33.85 | 39.00 | 33.62 | 0.593 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 |
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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sofcom in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling 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 37.48 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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sofcom in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling 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 37.48 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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