(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 2024-09-12 View latest technical analysis
10 day averaged volume of Sofcom is 5453
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 42.36 | 42.36 | 42.36 | 42.36 | 2.246 times |
| 11 Wed Sep 2024 | 43.22 | 43.22 | 43.22 | 43.22 | 1.82 times |
| 10 Tue Sep 2024 | 44.10 | 45.00 | 45.00 | 44.10 | 0.004 times |
| 09 Mon Sep 2024 | 44.99 | 44.99 | 44.99 | 44.99 | 0 times |
| 06 Fri Sep 2024 | 45.90 | 46.00 | 46.00 | 45.90 | 0.312 times |
| 05 Thu Sep 2024 | 46.19 | 46.70 | 46.70 | 45.38 | 0.551 times |
| 04 Wed Sep 2024 | 46.30 | 46.65 | 46.65 | 46.30 | 0.001 times |
| 03 Tue Sep 2024 | 46.00 | 46.85 | 46.85 | 46.00 | 2.301 times |
| 02 Mon Sep 2024 | 46.00 | 45.75 | 46.14 | 44.85 | 1.504 times |
| 30 Fri Aug 2024 | 45.75 | 45.70 | 45.75 | 45.70 | 0.462 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 42.8, but if it comes above 42.8, then a intra day buy could be more profitable.
If you take a sell trade below 42.8, then use 42.8 as stoploss and 41.1 as target. However if you take a buy trade in stock , then use 42.8 as stoploss and 44.33 as target.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 28.30 |
| Downside Target | 29.99 |
| Downside Target | 33.62 |
| Downside Target | 37.50 |
| Downside Target | 39.00 |
| Downside Target | 41.20 |
| Upside Target | 44.85 |
| Upside Target | 45.00 |
| Upside Target | 45.75 |
| Upside Target | 46.85 |
| Upside Target | 46.88 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 41.48 |
| Downside Intraday Target | 40.6 |
| Upside Intraday Target | 44.12 |
| Upside Intraday Target | 45.88 |
| Upside Intraday Target | 43.24 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 42.36 | 44.99 | 45.00 | 42.36 | 0.871 times |
| 06 Fri Sep 2024 | 45.90 | 45.75 | 46.85 | 44.85 | 0.991 times |
| 30 Fri Aug 2024 | 45.75 | 44.50 | 45.75 | 43.20 | 0.584 times |
| 23 Fri Aug 2024 | 43.80 | 42.00 | 43.80 | 41.20 | 6.258 times |
| 16 Fri Aug 2024 | 41.50 | 42.30 | 42.30 | 41.50 | 0.313 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 |
| 12 Thu Sep 2024 | 42.36 | 45.75 | 46.85 | 42.36 | 0.462 times |
| 30 Fri Aug 2024 | 45.75 | 37.59 | 45.75 | 37.50 | 0.423 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 |
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 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 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 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 SELL. Signal strength is Strong 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 in or below 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 and selling is picking up 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 44.56 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 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 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 SELL. Signal strength is Strong 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 in or below 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 and selling is picking up 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 44.56 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.
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