Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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 2023-08-28 View latest technical analysis

10 day averaged volume of Sofcom is 13873

Date Daily Closing Price Open High Low Volume
28 Mon Aug 2023 63.98 64.90 64.90 63.98 0.995 times
25 Fri Aug 2023 65.28 64.00 65.28 64.00 3.213 times
24 Thu Aug 2023 64.00 64.29 64.29 64.00 0.061 times
23 Wed Aug 2023 64.30 64.30 64.30 64.30 0.001 times
22 Tue Aug 2023 64.30 63.00 64.30 63.00 1.529 times
21 Mon Aug 2023 63.40 63.50 63.50 63.40 0.577 times
18 Fri Aug 2023 63.50 62.72 63.99 62.72 0.141 times
17 Thu Aug 2023 64.00 65.26 65.26 63.97 0.014 times
16 Wed Aug 2023 64.00 64.00 64.10 63.61 0.362 times
14 Mon Aug 2023 64.90 64.25 65.90 64.00 1.233 times

My analysis of stock is bearish for shortterm, and stock might move down till 62.7 or till 60.7. Use a stoploss of 64.35 and if the stock hits stoploss, then it can shoot up till 65.99

Share price targets for Sofcom (Sofcom)

Target Type Value
Downside Target 38.91
Downside Target 43.50
Downside Target 46.25
Downside Target 48.03
Downside Target 53.95
Downside Target 55.98
Downside Target 57.29
Downside Target 61.40
Upside Target 64.90
Upside Target 65.28
Upside Target 65.90
Upside Target 68.40

Intraday share price targets for Sofcom (Sofcom)

Target Type Value
Downside Intraday Target 63.67
Downside Intraday Target 63.37
Upside Intraday Target 64.59
Upside Intraday Target 65.21
Upside Intraday Target 64.29

Weekly technical analysis of Sofcom (Sofcom)

Date Weekly Closing Price Open High Low Volume
28 Mon Aug 2023 63.98 64.90 64.90 63.98 0.185 times
25 Fri Aug 2023 65.28 63.50 65.28 63.00 3.074 times
18 Fri Aug 2023 63.50 64.25 65.90 62.72 0.252 times
11 Fri Aug 2023 65.25 68.00 68.40 62.82 0.623 times
04 Fri Aug 2023 67.23 61.20 68.40 57.29 1.057 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
28 Mon Aug 2023 63.98 63.00 68.40 57.29 0.703 times
31 Mon Jul 2023 60.30 54.00 62.40 48.03 0.724 times
30 Fri Jun 2023 52.21 45.50 61.40 43.50 0.959 times
31 Wed May 2023 45.02 50.00 53.95 38.91 2.183 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sofcom ( (Sofcom) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Sofcom in short term but the sell signal is initial and weak.

Sofcom Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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

Although the stock is in the BUY zone, but buying 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 64.65 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sofcom ( (Sofcom) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Sofcom in short term but the sell signal is initial and weak.

Sofcom Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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

Although the stock is in the BUY zone, but buying 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 64.65 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 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

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

Daily chart
Back to top | Use Dark Theme