(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 2023-09-22 View latest technical analysis
10 day averaged volume of Sofcom is 5373
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Sep 2023 | 63.16 | 60.50 | 64.70 | 60.10 | 0.892 times |
| 21 Thu Sep 2023 | 63.00 | 60.25 | 64.50 | 60.25 | 0.382 times |
| 20 Wed Sep 2023 | 63.04 | 63.99 | 64.15 | 61.06 | 0.937 times |
| 18 Mon Sep 2023 | 64.00 | 61.15 | 65.00 | 60.80 | 0.665 times |
| 14 Thu Sep 2023 | 64.00 | 64.00 | 64.00 | 64.00 | 0.007 times |
| 13 Wed Sep 2023 | 64.00 | 64.00 | 64.00 | 64.00 | 0.099 times |
| 12 Tue Sep 2023 | 64.80 | 64.00 | 65.28 | 64.00 | 2.511 times |
| 11 Mon Sep 2023 | 64.00 | 64.49 | 64.49 | 64.00 | 2.314 times |
| 08 Fri Sep 2023 | 64.49 | 64.83 | 64.83 | 64.00 | 0.067 times |
| 07 Thu Sep 2023 | 63.57 | 63.57 | 63.57 | 61.15 | 1.751 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 63.1 as stoploss in an intra day buy trade for a target of 63.85. However, stock will show a bearish move below 63.1.
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 | 60.10 |
| Upside Target | 64.83 |
| Upside Target | 64.97 |
| Upside Target | 65.00 |
| Upside Target | 65.28 |
| Upside Target | 68.40 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 60.51 |
| Downside Intraday Target | 57.85 |
| Upside Intraday Target | 65.41 |
| Upside Intraday Target | 67.65 |
| Downside Intraday Target | 62.75 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Sep 2023 | 63.16 | 61.15 | 65.00 | 60.10 | 0.584 times |
| 14 Thu Sep 2023 | 64.00 | 64.49 | 65.28 | 64.00 | 0.455 times |
| 08 Fri Sep 2023 | 64.49 | 62.45 | 64.83 | 61.15 | 0.815 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 |
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 |
| 22 Fri Sep 2023 | 63.16 | 63.68 | 65.28 | 60.10 | 0.24 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 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 moving up
CCI has generated a buy signal for Sofcom in short term but BUY 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 63.92 and Sofcom (Sofcom) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 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 moving up
CCI has generated a buy signal for Sofcom in short term but BUY 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 63.92 and Sofcom (Sofcom) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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