(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)
10 day averaged volume of Sofcom is 6697
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Oct 2023 | 65.84 | 68.89 | 68.89 | 65.29 | 3.01 times |
| 29 Fri Sep 2023 | 68.72 | 68.50 | 68.95 | 67.50 | 0.284 times |
| 28 Thu Sep 2023 | 68.95 | 68.00 | 69.90 | 65.00 | 2.085 times |
| 27 Wed Sep 2023 | 68.30 | 66.42 | 68.80 | 63.01 | 2.176 times |
| 26 Tue Sep 2023 | 66.22 | 60.50 | 66.50 | 60.31 | 3.122 times |
| 25 Mon Sep 2023 | 63.48 | 63.49 | 63.49 | 60.75 | 0.019 times |
| 22 Fri Sep 2023 | 63.16 | 60.50 | 64.70 | 60.10 | 0.716 times |
| 21 Thu Sep 2023 | 63.00 | 60.25 | 64.50 | 60.25 | 0.307 times |
| 20 Wed Sep 2023 | 63.04 | 63.99 | 64.15 | 61.06 | 0.752 times |
| 18 Mon Sep 2023 | 64.00 | 61.15 | 65.00 | 60.80 | 0.534 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 66.5 as stoploss in an intra day sell trade for a target of 64.58. However, stock will show a bullish move above 66.5.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 43.50 |
| Downside Target | 48.03 |
| Downside Target | 57.29 |
| Downside Target | 60.10 |
| Downside Target | 64.00 |
| Downside Target | 65.29 |
| Upside Target | 68.40 |
| Upside Target | 68.89 |
| Upside Target | 69.90 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 64.46 |
| Downside Intraday Target | 63.07 |
| Upside Intraday Target | 68.06 |
| Upside Intraday Target | 70.27 |
| Upside Intraday Target | 66.67 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Oct 2023 | 65.84 | 68.89 | 68.89 | 65.29 | 0.392 times |
| 29 Fri Sep 2023 | 68.72 | 63.49 | 69.90 | 60.31 | 3.33 times |
| 22 Fri Sep 2023 | 63.16 | 61.15 | 65.00 | 60.10 | 0.584 times |
| 14 Thu Sep 2023 | 64.00 | 64.49 | 65.28 | 64.00 | 0.455 times |
| 08 Fri Sep 2023 | 64.49 | 62.45 | 64.83 | 61.15 | 0.815 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 |
| 03 Tue Oct 2023 | 65.84 | 68.89 | 68.89 | 65.29 | 0.133 times |
| 29 Fri Sep 2023 | 68.72 | 63.68 | 69.90 | 60.10 | 0.363 times |
| 31 Thu Aug 2023 | 64.97 | 63.00 | 68.40 | 57.29 | 0.815 times |
| 31 Mon Jul 2023 | 60.30 | 54.00 | 62.40 | 48.03 | 0.724 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Sofcom in short term and the buy signal is strong.
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 coming down
CCI has generated a SELL signal for Sofcom in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 66.45 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Sofcom in short term and the buy signal is strong.
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 coming down
CCI has generated a SELL signal for Sofcom in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 66.45 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 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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