(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 2024-09-20 View latest technical analysis
10 day averaged volume of Sofcom is 10245
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 38.75 | 38.79 | 38.79 | 36.97 | 0.714 times |
| 19 Thu Sep 2024 | 38.91 | 37.26 | 39.99 | 37.19 | 2.263 times |
| 18 Wed Sep 2024 | 39.14 | 43.24 | 43.24 | 39.14 | 1.012 times |
| 17 Tue Sep 2024 | 41.19 | 41.40 | 41.40 | 38.10 | 1.881 times |
| 16 Mon Sep 2024 | 40.00 | 39.45 | 40.00 | 39.45 | 2.51 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 | 1.195 times |
| 11 Wed Sep 2024 | 43.22 | 43.22 | 43.22 | 43.22 | 0.969 times |
| 10 Tue Sep 2024 | 44.10 | 45.00 | 45.00 | 44.10 | 0.002 times |
| 09 Mon Sep 2024 | 44.99 | 44.99 | 44.99 | 44.99 | 0 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 37.8, for a target of 40.9 or 43.48
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 28.30 |
| Downside Target | 29.99 |
| Downside Target | 33.62 |
| Downside Target | 36.97 |
| Upside 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 | 36.07 |
| Downside Intraday Target | 33.38 |
| Upside Intraday Target | 42.34 |
| Upside Intraday Target | 45.92 |
| Upside Intraday Target | 39.65 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 38.75 | 39.45 | 43.24 | 36.97 | 3.866 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 |
| 20 Fri Sep 2024 | 38.75 | 45.75 | 46.85 | 36.97 | 1.294 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 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 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 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 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 and the sell signal is strong.
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 but selling is losing 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 40.38 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 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 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 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 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 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 and the sell signal is strong.
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 but selling is losing 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 40.38 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 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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