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(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 2024-03-19 View latest technical analysis

10 day averaged volume of Sofcom is 9750

Date Daily Closing Price Open High Low Volume
19 Tue Mar 2024 45.39 48.49 48.49 45.30 0.12 times
18 Mon Mar 2024 48.67 44.00 49.78 44.00 0.858 times
15 Fri Mar 2024 44.22 46.96 46.96 42.75 0.512 times
14 Thu Mar 2024 43.55 48.92 48.92 42.20 0.777 times
13 Wed Mar 2024 46.90 48.00 48.00 41.01 1.056 times
12 Tue Mar 2024 44.56 48.08 48.08 44.50 0.465 times
11 Mon Mar 2024 48.08 46.00 50.50 46.00 0.642 times
07 Thu Mar 2024 48.32 45.23 49.90 45.01 1.138 times
06 Wed Mar 2024 45.13 49.88 49.88 45.01 1.445 times
05 Tue Mar 2024 48.53 51.50 51.50 47.99 0.415 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45.9, but if it comes above 45.9, then a intra day buy could be more profitable.
If you take a sell trade below 45.9, then use 45.9 as stoploss and 40.7 as target. However if you take a buy trade in stock , then use 45.9 as stoploss and 50.22 as target.

Share price targets for Sofcom (Sofcom)

Target Type Value
Downside Target 41.01
Downside Target 44.00
Upside Target 46.00
Upside 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 43
Downside Intraday Target 40.61
Upside Intraday Target 48.78
Upside Intraday Target 52.17
Upside Intraday Target 46.39

Weekly technical analysis of Sofcom (Sofcom)

Date Weekly Closing Price Open High Low Volume
19 Tue Mar 2024 45.39 44.00 49.78 44.00 0.283 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
19 Tue Mar 2024 45.39 56.95 56.95 41.01 0.151 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 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 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 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.

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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sofcom in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 46.46 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 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 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 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 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.

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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sofcom in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 46.46 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Sofcom charts

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Daily charts

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