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(SonalAdhesi) Sonal Adhesi complete technical analysis [charts+indicators] | Buy/Sell Sonal Adhesi | (SonalAdhesi) share price targets

Complete technical analysis of Sonal Adhesi (SonalAdhesi) by charts plus indicators, forecast predictions and share price targets for Sonal Adhesi (SonalAdhesi)

10 day averaged volume of Sonal Adhesi is 7271

Date Daily Closing Price Open High Low Volume
22 Wed Mar 2023 55.98 60.00 60.00 55.98 2.328 times
21 Tue Mar 2023 58.92 60.10 61.87 58.48 2.992 times
20 Mon Mar 2023 61.55 65.30 65.99 60.20 0.834 times
17 Fri Mar 2023 62.89 62.34 64.94 62.00 0.322 times
16 Thu Mar 2023 62.34 65.00 65.00 61.05 0.534 times
15 Wed Mar 2023 63.18 67.10 68.89 62.60 0.953 times
14 Tue Mar 2023 65.83 65.42 70.90 65.25 1.143 times
13 Mon Mar 2023 68.68 72.20 73.98 68.68 0.396 times
10 Fri Mar 2023 72.29 73.50 75.98 71.44 1.031 times
09 Thu Mar 2023 75.20 76.80 77.95 74.50 0.762 times

Stock of Sonal Adhesi (SonalAdhesi) has showed a significant fall. This could be a good time to exit from this stock.

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 55.5, for a target of 61.7 or 66.82

Share price targets for Sonal Adhesi (SonalAdhesi)

Target Type Value
Downside Target 55.98
Upside Target 61.05
Upside Target 64.00
Upside Target 65.99
Upside Target 70.00
Upside Target 73.98
Upside Target 77.60
Upside Target 89.10
Upside Target 89.50
Upside Target 96.75
Upside Target 105.40
Upside Target 143.00
Upside Target 170.55

Intraday share price targets for Sonal Adhesi (SonalAdhesi)

Target Type Value
Downside Intraday Target 52.64
Downside Intraday Target 49.31
Upside Intraday Target 62.65
Upside Intraday Target 69.33
Upside Intraday Target 59.32

Weekly technical analysis of Sonal Adhesi (SonalAdhesi)

Date Weekly Closing Price Open High Low Volume
22 Wed Mar 2023 55.98 65.30 65.99 55.98 1.838 times
17 Fri Mar 2023 62.89 72.20 73.98 61.05 0.769 times
10 Fri Mar 2023 72.29 71.60 77.95 70.00 0.917 times
03 Fri Mar 2023 70.01 66.20 70.70 61.60 1.078 times
24 Fri Feb 2023 68.30 73.60 77.75 67.00 0.545 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 Sonal Adhesi (SonalAdhesi)

Date Monthly Closing Price Open High Low Volume
22 Wed Mar 2023 55.98 65.00 77.95 55.98 0.775 times
28 Tue Feb 2023 64.65 84.55 89.50 64.00 0.57 times
31 Tue Jan 2023 84.85 101.05 105.40 77.60 0.422 times
30 Fri Dec 2022 99.05 112.15 143.00 89.10 0.721 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 Sonal Adhesi (SonalAdhesi)

Indicator Name Indicator Value Indicator Signal
ADX 11, 35, 53 Sell
MACD -10, -9Sell
Stochastics 3Sell
CCI -118Sell
RSI 53Buy
OBV -77060Sell
VWAP 63Sell
ADL 0Sell
ROC -26Sell
Force Index 0Sell

Price action analysis of Sonal Adhesi ( (SonalAdhesi) ) 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 Sonal Adhesi ( (SonalAdhesi) ) 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 Sonal Adhesi ( (SonalAdhesi) ) based on a short to mid 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 Sonal Adhesi ( (SonalAdhesi) ) 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 Sonal Adhesi stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sonal Adhesi in short term and the sell signal is strong.

Sonal Adhesi 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sonal Adhesi in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Sonal Adhesi is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 62.5 and Sonal Adhesi (SonalAdhesi) 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 Sonal Adhesi (SonalAdhesi) stock. Volume based technical analysis of Sonal Adhesi (SonalAdhesi) stock is negative.

Sonal Adhesi 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.

Click here for Sonal Adhesi charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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