(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 2023-09-07 View latest technical analysis
10 day averaged volume of Sofcom is 16533
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Sep 2023 | 63.57 | 63.57 | 63.57 | 61.15 | 0.569 times |
| 06 Wed Sep 2023 | 62.33 | 62.33 | 64.00 | 62.33 | 0.412 times |
| 05 Tue Sep 2023 | 63.60 | 62.00 | 63.60 | 62.00 | 0.449 times |
| 04 Mon Sep 2023 | 62.45 | 62.45 | 64.60 | 62.45 | 2.07 times |
| 01 Fri Sep 2023 | 63.68 | 63.68 | 63.68 | 63.68 | 0.006 times |
| 31 Thu Aug 2023 | 64.97 | 64.97 | 64.97 | 63.68 | 2.232 times |
| 30 Wed Aug 2023 | 64.97 | 63.70 | 64.97 | 62.45 | 0.437 times |
| 29 Tue Aug 2023 | 63.70 | 62.71 | 64.00 | 62.71 | 0.813 times |
| 28 Mon Aug 2023 | 63.98 | 64.90 | 64.90 | 63.98 | 0.835 times |
| 25 Fri Aug 2023 | 65.28 | 64.00 | 65.28 | 64.00 | 2.696 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 63.2 as stoploss in an intra day buy trade for a target of 64.01. However, stock will show a bearish move below 63.2.
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 | 61.15 |
| 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 | 61.61 |
| Downside Intraday Target | 59.66 |
| Upside Intraday Target | 65.06 |
| Upside Intraday Target | 66.56 |
| Downside Intraday Target | 63.11 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Sep 2023 | 63.57 | 62.45 | 64.60 | 61.15 | 0.81 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 |
| 07 Thu Sep 2023 | 63.57 | 63.68 | 64.60 | 61.15 | 0.139 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 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 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 Strong 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 weakening, and bulls 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 64.14 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 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 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 Strong 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 weakening, and bulls 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 64.14 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.
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