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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)

Showing technical analysis as on 2023-09-05 View latest technical analysis

10 day averaged volume of Sofcom is 17232

Date Daily Closing Price Open High Low Volume
05 Tue Sep 2023 63.60 62.00 63.60 62.00 0.431 times
04 Mon Sep 2023 62.45 62.45 64.60 62.45 1.986 times
01 Fri Sep 2023 63.68 63.68 63.68 63.68 0.005 times
31 Thu Aug 2023 64.97 64.97 64.97 63.68 2.141 times
30 Wed Aug 2023 64.97 63.70 64.97 62.45 0.419 times
29 Tue Aug 2023 63.70 62.71 64.00 62.71 0.78 times
28 Mon Aug 2023 63.98 64.90 64.90 63.98 0.801 times
25 Fri Aug 2023 65.28 64.00 65.28 64.00 2.586 times
24 Thu Aug 2023 64.00 64.29 64.29 64.00 0.05 times
23 Wed Aug 2023 64.30 64.30 64.30 64.30 0.001 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 63.4 as stoploss in an intra day buy trade for a target of 64.33. However, stock will show a bearish move below 63.4.

Share price targets for Sofcom (Sofcom)

Target Type Value
Downside Target 38.91
Downside Target 43.50
Downside Target 48.03
Downside Target 53.95
Downside Target 57.29
Downside Target 61.40
Upside Target 64.60
Upside Target 64.97
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 62.2
Downside Intraday Target 60.8
Upside Intraday Target 64.8
Upside Intraday Target 66
Downside Intraday Target 63.4

Weekly technical analysis of Sofcom (Sofcom)

Date Weekly Closing Price Open High Low Volume
05 Tue Sep 2023 63.60 62.45 64.60 62.00 0.583 times
01 Fri Sep 2023 63.68 64.90 64.97 62.45 0.957 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

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
05 Tue Sep 2023 63.60 63.68 64.60 62.00 0.1 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
30 Fri Jun 2023 52.21 45.50 61.40 43.50 0.959 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. Signal strength is Weak and stock is gaining 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Sofcom 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

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 64.25 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. Signal strength is Weak and stock is gaining 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Sofcom 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

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 64.25 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

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Daily charts

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