(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 2024-09-17 View latest technical analysis
10 day averaged volume of Sofcom is 6518
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 41.19 | 41.40 | 41.40 | 38.10 | 2.957 times |
| 16 Mon Sep 2024 | 40.00 | 39.45 | 40.00 | 39.45 | 3.945 times |
| 13 Fri Sep 2024 | 41.52 | 41.52 | 41.52 | 41.52 | 0.002 times |
| 12 Thu Sep 2024 | 42.36 | 42.36 | 42.36 | 42.36 | 1.879 times |
| 11 Wed Sep 2024 | 43.22 | 43.22 | 43.22 | 43.22 | 1.523 times |
| 10 Tue Sep 2024 | 44.10 | 45.00 | 45.00 | 44.10 | 0.003 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 | 0.261 times |
| 05 Thu Sep 2024 | 46.19 | 46.70 | 46.70 | 45.38 | 0.461 times |
| 04 Wed Sep 2024 | 46.30 | 46.65 | 46.65 | 46.30 | 0.001 times |
Stock of Sofcom (Sofcom) has showed a significant upmove. This could be a good time to enter in 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 42.4, but if it comes above 42.4, then a intra day buy could be more profitable.
If you take a sell trade below 42.4, then use 42.4 as stoploss and 40.2 as target. However if you take a buy trade in stock , then use 42.4 as stoploss and 44.15 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 |
| Upside Target | 41.20 |
| Upside Target | 43.20 |
| 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 | 39.06 |
| Downside Intraday Target | 36.93 |
| Upside Intraday Target | 42.36 |
| Upside Intraday Target | 43.53 |
| Downside Intraday Target | 40.23 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 41.19 | 39.45 | 41.40 | 38.10 | 2.026 times |
| 13 Fri Sep 2024 | 41.52 | 44.99 | 45.00 | 41.52 | 0.872 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sofcom (Sofcom)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 41.19 | 45.75 | 46.85 | 38.10 | 0.898 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 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 41.57 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 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 41.57 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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