Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-03-23 View latest technical analysis

10 day averaged volume of Sofcom is 68897

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Mar 2023	56.72	59.98	59.98	56.72	0.003 times
22 Wed Mar 2023	59.70	60.00	61.95	58.89	0.959 times
21 Tue Mar 2023	61.98	65.00	65.00	60.45	3.347 times
20 Mon Mar 2023	63.56	65.98	67.25	61.00	0.975 times
17 Fri Mar 2023	64.21	68.50	68.50	62.79	0.608 times
16 Thu Mar 2023	66.09	74.98	74.98	63.58	1.262 times
15 Wed Mar 2023	70.64	79.00	79.00	70.64	0.278 times
14 Tue Mar 2023	78.48	88.00	88.00	78.37	1.008 times
13 Mon Mar 2023	87.07	88.50	88.50	85.00	0.403 times
10 Fri Mar 2023	87.91	91.00	91.00	79.20	0.978 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 50.7, for a target of 67.2 or 80.92

Share price targets for Sofcom (Sofcom)

Target Type	Value
Downside Target	56.72
Upside Target	58.50
Upside Target	62.79
Upside Target	67.25
Upside Target	79.20
Upside Target	83.05
Upside Target	85.00
Upside Target	86.75
Upside Target	94.50
Upside Target	97.00
Upside Target	99.00
Upside Target	100.95
Upside Target	101.50
Upside Target	103.75

Intraday share price targets for Sofcom (Sofcom)

Target Type	Value
Downside Intraday Target	53.21
Downside Intraday Target	49.7
Upside Intraday Target	63.74
Upside Intraday Target	70.76
Upside Intraday Target	60.23

Weekly technical analysis of Sofcom (Sofcom)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Mar 2023	56.72	65.98	67.25	56.72	1.484 times
17 Fri Mar 2023	64.21	88.50	88.50	62.79	1.436 times
10 Fri Mar 2023	87.91	93.50	94.50	79.20	0.162 times
03 Fri Mar 2023	93.55	100.95	100.95	88.50	1.978 times
24 Fri Feb 2023	95.25	99.00	99.00	85.00	1.302 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
23 Thu Mar 2023	56.72	94.50	99.00	56.72	0.957 times
28 Tue Feb 2023	93.50	94.00	100.95	83.05	2.081 times
31 Tue Jan 2023	91.95	95.95	97.00	86.75	0.715 times
30 Fri Dec 2022	94.05	101.25	103.75	88.25	0.534 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 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 Sofcom ( (Sofcom) ) 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 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 red color and prices are below the red 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 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 68.13 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.