(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 2024-02-28 View latest technical analysis
10 day averaged volume of Sofcom is 43421
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 53.67 | 59.00 | 59.00 | 52.00 | 0.62 times |
| 27 Tue Feb 2024 | 56.52 | 57.47 | 57.47 | 54.50 | 0.224 times |
| 26 Mon Feb 2024 | 55.85 | 59.50 | 59.90 | 55.35 | 1.334 times |
| 23 Fri Feb 2024 | 57.14 | 55.00 | 58.99 | 52.00 | 0.892 times |
| 22 Thu Feb 2024 | 53.75 | 54.99 | 54.99 | 50.00 | 0.964 times |
| 21 Wed Feb 2024 | 52.53 | 52.00 | 54.99 | 51.00 | 0.405 times |
| 20 Tue Feb 2024 | 51.56 | 48.95 | 52.00 | 47.33 | 0.707 times |
| 19 Mon Feb 2024 | 49.32 | 46.50 | 51.00 | 41.25 | 1.629 times |
| 16 Fri Feb 2024 | 43.93 | 43.50 | 44.90 | 42.15 | 2.463 times |
| 15 Thu Feb 2024 | 43.10 | 43.00 | 45.45 | 42.25 | 0.54 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.5, but if it comes below 53.5, then a intra day sell could be more profitable.
If you take a sell trade below 53.5, then use 53.5 as stoploss and 49.04 as target. However if you take a buy trade in stock , then use 53.5 as stoploss and 58.8 as target.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 41.25 |
| Downside Target | 44.17 |
| Downside Target | 46.00 |
| Downside Target | 47.15 |
| Downside Target | 49.99 |
| Downside Target | 50.99 |
| Downside Target | 53.30 |
| Upside Target | 58.99 |
| Upside Target | 59.00 |
| Upside Target | 59.90 |
| Upside Target | 63.00 |
| Upside Target | 63.10 |
| Upside Target | 68.89 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 50.48 |
| Downside Intraday Target | 47.29 |
| Upside Intraday Target | 58.38 |
| Upside Intraday Target | 63.09 |
| Upside Intraday Target | 55.19 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 53.67 | 59.50 | 59.90 | 52.00 | 0.474 times |
| 23 Fri Feb 2024 | 57.14 | 46.50 | 58.99 | 41.25 | 0.879 times |
| 16 Fri Feb 2024 | 43.93 | 47.99 | 47.99 | 42.15 | 1.593 times |
| 09 Fri Feb 2024 | 44.28 | 49.99 | 49.99 | 41.80 | 0.869 times |
| 02 Fri Feb 2024 | 48.23 | 49.99 | 50.99 | 44.17 | 1.827 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 Wed Feb 2024 | 53.67 | 47.90 | 59.90 | 41.25 | 0.811 times |
| 31 Wed Jan 2024 | 44.90 | 50.00 | 59.00 | 44.17 | 1.883 times |
| 29 Fri Dec 2023 | 50.17 | 51.99 | 63.10 | 46.00 | 1.098 times |
| 30 Thu Nov 2023 | 48.37 | 63.00 | 63.00 | 47.15 | 1.782 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 neutral. A longer time frame might give a better analysis.
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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 50.4 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 neutral. A longer time frame might give a better analysis.
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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 50.4 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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