(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 2024-03-20 View latest technical analysis
10 day averaged volume of Sofcom is 7242
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 45.79 | 42.25 | 46.59 | 42.25 | 1.011 times |
| 19 Tue Mar 2024 | 45.39 | 48.49 | 48.49 | 45.30 | 0.162 times |
| 18 Mon Mar 2024 | 48.67 | 44.00 | 49.78 | 44.00 | 1.155 times |
| 15 Fri Mar 2024 | 44.22 | 46.96 | 46.96 | 42.75 | 0.689 times |
| 14 Thu Mar 2024 | 43.55 | 48.92 | 48.92 | 42.20 | 1.046 times |
| 13 Wed Mar 2024 | 46.90 | 48.00 | 48.00 | 41.01 | 1.422 times |
| 12 Tue Mar 2024 | 44.56 | 48.08 | 48.08 | 44.50 | 0.626 times |
| 11 Mon Mar 2024 | 48.08 | 46.00 | 50.50 | 46.00 | 0.865 times |
| 07 Thu Mar 2024 | 48.32 | 45.23 | 49.90 | 45.01 | 1.532 times |
| 06 Wed Mar 2024 | 45.13 | 49.88 | 49.88 | 45.01 | 1.945 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 45.5 as stoploss in an intra day buy trade for a target of 49.89. However, stock will show a bearish move below 45.5.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 41.01 |
| Downside Target | 42.25 |
| Downside Target | 44.17 |
| 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 | 42.1 |
| Downside Intraday Target | 38.41 |
| Upside Intraday Target | 49.63 |
| Upside Intraday Target | 53.47 |
| Upside Intraday Target | 45.94 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 45.79 | 44.00 | 49.78 | 42.25 | 0.501 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 |
| 20 Wed Mar 2024 | 45.79 | 56.95 | 56.95 | 41.01 | 0.161 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sofcom ( (Sofcom) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong and stock is gaining 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 46.29 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sofcom ( (Sofcom) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 Strong and stock is gaining 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 46.29 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.
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