(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 2024-04-10 View latest technical analysis
10 day averaged volume of Sofcom is 21579
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 50.07 | 51.49 | 51.49 | 46.99 | 2.255 times |
| 09 Tue Apr 2024 | 47.74 | 51.60 | 51.65 | 47.30 | 0.52 times |
| 08 Mon Apr 2024 | 50.58 | 50.38 | 52.35 | 48.00 | 1.152 times |
| 05 Fri Apr 2024 | 50.45 | 52.50 | 52.50 | 48.99 | 0.709 times |
| 04 Thu Apr 2024 | 51.75 | 51.00 | 52.49 | 48.25 | 0.701 times |
| 03 Wed Apr 2024 | 50.47 | 48.70 | 51.00 | 47.30 | 1.601 times |
| 02 Tue Apr 2024 | 49.61 | 45.00 | 50.00 | 44.20 | 3.1 times |
| 01 Mon Apr 2024 | 46.72 | 42.79 | 47.00 | 41.00 | 1.386 times |
| 28 Thu Mar 2024 | 40.26 | 39.01 | 42.85 | 39.01 | 0.073 times |
| 27 Wed Mar 2024 | 39.73 | 42.99 | 42.99 | 38.40 | 0.441 times |
Stock of Sofcom (Sofcom) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.8, but if it comes below 49.8, then a intra day sell could be more profitable.
If you take a sell trade below 49.8, then use 49.8 as stoploss and 46.1 as target. However if you take a buy trade in stock , then use 49.8 as stoploss and 54.2 as target.
Share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Target | 38.40 |
| Downside Target | 41.00 |
| Downside Target | 43.95 |
| Downside Target | 46.00 |
| Downside Target | 46.99 |
| Downside Target | 49.78 |
| Upside Target | 52.35 |
| Upside Target | 52.50 |
| Upside Target | 56.95 |
| Upside Target | 59.00 |
| Upside Target | 59.90 |
| Upside Target | 63.10 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 47.26 |
| Downside Intraday Target | 44.44 |
| Upside Intraday Target | 52.62 |
| Upside Intraday Target | 55.16 |
| Downside Intraday Target | 49.8 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 50.07 | 50.38 | 52.35 | 46.99 | 0.524 times |
| 05 Fri Apr 2024 | 50.45 | 42.79 | 52.50 | 41.00 | 9.019 times |
| 28 Thu Mar 2024 | 40.26 | 43.95 | 43.95 | 38.40 | 0.108 times |
| 22 Fri Mar 2024 | 42.48 | 44.00 | 49.78 | 39.00 | 4.919 times |
| 15 Fri Mar 2024 | 44.22 | 46.00 | 50.50 | 41.01 | 0.607 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 |
| 10 Wed Apr 2024 | 50.07 | 42.79 | 52.50 | 41.00 | 0.851 times |
| 28 Thu Mar 2024 | 40.26 | 56.95 | 56.95 | 38.40 | 0.379 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Weak 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 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 SELL signal in short term but selling 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 49.24 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Weak 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 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 SELL signal in short term but selling 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 49.24 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 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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