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(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 44711

Date Daily Closing Price Open High Low Volume
27 Tue Feb 2024 56.52 57.47 57.47 54.50 0.218 times
26 Mon Feb 2024 55.85 59.50 59.90 55.35 1.295 times
23 Fri Feb 2024 57.14 55.00 58.99 52.00 0.866 times
22 Thu Feb 2024 53.75 54.99 54.99 50.00 0.937 times
21 Wed Feb 2024 52.53 52.00 54.99 51.00 0.393 times
20 Tue Feb 2024 51.56 48.95 52.00 47.33 0.686 times
19 Mon Feb 2024 49.32 46.50 51.00 41.25 1.582 times
16 Fri Feb 2024 43.93 43.50 44.90 42.15 2.391 times
15 Thu Feb 2024 43.10 43.00 45.45 42.25 0.525 times
14 Wed Feb 2024 43.60 46.00 46.00 42.60 0.818 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 58.2, for a target of 53 or 48.6

Share price targets for Sofcom (Sofcom)

Target Type Value
Downside Target 41.25
Downside Target 44.17
Downside Target 46.00
Downside Target 47.15
Downside Target 49.99
Downside Target 50.99
Downside Target 53.30
Downside Target 54.50
Upside Target 58.99
Upside Target 59.90
Upside Target 63.00
Upside Target 63.10
Upside Target 68.89

Intraday share price targets for Sofcom (Sofcom)

Target Type Value
Downside Intraday Target 54.05
Downside Intraday Target 51.57
Upside Intraday Target 59.45
Upside Intraday Target 62.37
Upside Intraday Target 56.97

Weekly technical analysis of Sofcom (Sofcom)

Date Weekly Closing Price Open High Low Volume
27 Tue Feb 2024 56.52 59.50 59.90 54.50 0.339 times
23 Fri Feb 2024 57.14 46.50 58.99 41.25 0.879 times
16 Fri Feb 2024 43.93 47.99 47.99 42.15 1.593 times
09 Fri Feb 2024 44.28 49.99 49.99 41.80 0.869 times
02 Fri Feb 2024 48.23 49.99 50.99 44.17 1.827 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
27 Tue Feb 2024 56.52 47.90 59.90 41.25 0.782 times
31 Wed Jan 2024 44.90 50.00 59.00 44.17 1.883 times
29 Fri Dec 2023 50.17 51.99 63.10 46.00 1.098 times
30 Thu Nov 2023 48.37 63.00 63.00 47.15 1.782 times

Scroll below to view daily charts

Price has moved up 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sofcom in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

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 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 49.62 and Sofcom (Sofcom) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sofcom in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

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 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 49.62 and Sofcom (Sofcom) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.

Click here for Sofcom charts

Click here for further forecast and predictions for tomorrow

Daily charts

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