(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 2024-03-18 View latest technical analysis
10 day averaged volume of Sofcom is 10189
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 48.67 | 44.00 | 49.78 | 44.00 | 0.821 times |
| 15 Fri Mar 2024 | 44.22 | 46.96 | 46.96 | 42.75 | 0.49 times |
| 14 Thu Mar 2024 | 43.55 | 48.92 | 48.92 | 42.20 | 0.743 times |
| 13 Wed Mar 2024 | 46.90 | 48.00 | 48.00 | 41.01 | 1.011 times |
| 12 Tue Mar 2024 | 44.56 | 48.08 | 48.08 | 44.50 | 0.445 times |
| 11 Mon Mar 2024 | 48.08 | 46.00 | 50.50 | 46.00 | 0.615 times |
| 07 Thu Mar 2024 | 48.32 | 45.23 | 49.90 | 45.01 | 1.089 times |
| 06 Wed Mar 2024 | 45.13 | 49.88 | 49.88 | 45.01 | 1.382 times |
| 05 Tue Mar 2024 | 48.53 | 51.50 | 51.50 | 47.99 | 0.397 times |
| 04 Mon Mar 2024 | 50.96 | 52.00 | 53.90 | 49.60 | 2.577 times |
My analysis of stock is bearish for shortterm, and stock might move down till 46.3 or till 41.3. Use a stoploss of 50.53 and if the stock hits stoploss, then it can shoot up till 54.72
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 41.01 |
| Downside Target | 44.00 |
| Downside Target | 46.00 |
| Downside Target | 47.15 |
| Upside Target | 49.78 |
| Upside Target | 53.90 |
| Upside Target | 56.95 |
| Upside Target | 58.99 |
| Upside Target | 59.00 |
| Upside Target | 59.90 |
| Upside Target | 63.00 |
| Upside Target | 63.10 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 45.19 |
| Downside Intraday Target | 41.7 |
| Upside Intraday Target | 50.97 |
| Upside Intraday Target | 53.26 |
| Downside Intraday Target | 47.48 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 48.67 | 44.00 | 49.78 | 44.00 | 0.248 times |
| 15 Fri Mar 2024 | 44.22 | 46.00 | 50.50 | 41.01 | 0.607 times |
| 07 Thu Mar 2024 | 48.32 | 52.00 | 53.90 | 45.01 | 0.48 times |
| 02 Sat Mar 2024 | 51.97 | 59.50 | 59.90 | 51.30 | 0.579 times |
| 23 Fri Feb 2024 | 57.14 | 46.50 | 58.99 | 41.25 | 0.879 times |
Price has moved up 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 |
| 18 Mon Mar 2024 | 48.67 | 56.95 | 56.95 | 41.01 | 0.15 times |
| 29 Thu Feb 2024 | 54.97 | 47.90 | 59.90 | 41.25 | 0.815 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sofcom stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sofcom in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red 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 47.69 and Sofcom (Sofcom) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sofcom stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sofcom in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red 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 47.69 and Sofcom (Sofcom) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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