(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 2023-09-27 View latest technical analysis
10 day averaged volume of Sofcom is 6298
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Wed Sep 2023 | 68.30 | 66.42 | 68.80 | 63.01 | 2.314 times |
| 26 Tue Sep 2023 | 66.22 | 60.50 | 66.50 | 60.31 | 3.32 times |
| 25 Mon Sep 2023 | 63.48 | 63.49 | 63.49 | 60.75 | 0.021 times |
| 22 Fri Sep 2023 | 63.16 | 60.50 | 64.70 | 60.10 | 0.761 times |
| 21 Thu Sep 2023 | 63.00 | 60.25 | 64.50 | 60.25 | 0.326 times |
| 20 Wed Sep 2023 | 63.04 | 63.99 | 64.15 | 61.06 | 0.799 times |
| 18 Mon Sep 2023 | 64.00 | 61.15 | 65.00 | 60.80 | 0.567 times |
| 14 Thu Sep 2023 | 64.00 | 64.00 | 64.00 | 64.00 | 0.006 times |
| 13 Wed Sep 2023 | 64.00 | 64.00 | 64.00 | 64.00 | 0.084 times |
| 12 Tue Sep 2023 | 64.80 | 64.00 | 65.28 | 64.00 | 2.142 times |
Stock of Sofcom (Sofcom) has showed a significant upmove. This could be a good time to enter in this stock!
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 67, for a target of 65.4 or 64.09
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 |
| Downside Target | 64.00 |
| Downside Target | 64.97 |
| Downside Target | 65.00 |
| Downside Target | 65.28 |
| Upside Target | 68.40 |
| Upside Target | 68.80 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 62.81 |
| Downside Intraday Target | 57.31 |
| Upside Intraday Target | 71.3 |
| Upside Intraday Target | 74.29 |
| Downside Intraday Target | 65.8 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Wed Sep 2023 | 68.30 | 63.49 | 68.80 | 60.31 | 2.304 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sofcom (Sofcom)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Wed Sep 2023 | 68.30 | 63.68 | 68.80 | 60.10 | 0.325 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 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 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 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 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 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 gaining 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 stronger in this stock.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 65.67 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 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 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 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 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 gaining 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 stronger in this stock.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 65.67 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.
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