(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 2024-06-06 View latest technical analysis
10 day averaged volume of Sofcom is 10278
Date | Daily Closing Price | Open | High | Low | Volume |
06 Thu Jun 2024 | 30.46 | 33.80 | 33.80 | 30.00 | 6.31 times |
05 Wed Jun 2024 | 33.18 | 38.00 | 38.00 | 31.90 | 1.805 times |
04 Tue Jun 2024 | 34.50 | 36.60 | 36.60 | 31.60 | 0.495 times |
03 Mon Jun 2024 | 35.29 | 35.95 | 35.95 | 32.80 | 0.521 times |
31 Fri May 2024 | 35.40 | 36.30 | 36.30 | 34.20 | 0.014 times |
30 Thu May 2024 | 34.66 | 33.90 | 35.46 | 33.00 | 0.928 times |
29 Wed May 2024 | 33.34 | 37.79 | 37.79 | 32.75 | 1.041 times |
28 Tue May 2024 | 37.10 | 34.00 | 38.50 | 29.99 | 3.18 times |
27 Mon May 2024 | 34.27 | 32.50 | 35.75 | 32.50 | 0.159 times |
24 Fri May 2024 | 34.06 | 37.00 | 37.00 | 33.65 | 1.474 times |
Stock of Sofcom (Sofcom) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 30.6, for a target of 33.2 or 35.3
Share price targets for Sofcom (Sofcom)
Target Type | Value |
Downside Target | 29.99 |
Upside Target | 32.00 |
Upside Target | 32.68 |
Upside Target | 37.50 |
Upside Target | 41.00 |
Upside Target | 41.25 |
Upside Target | 42.99 |
Upside Target | 43.99 |
Upside Target | 46.88 |
Upside Target | 55.00 |
Upside Target | 56.95 |
Upside Target | 59.90 |
Intraday share price targets for Sofcom (Sofcom)
Target Type | Value |
Downside Intraday Target | 27.64 |
Downside Intraday Target | 24.82 |
Upside Intraday Target | 35.64 |
Upside Intraday Target | 40.82 |
Upside Intraday Target | 32.82 |
Weekly technical analysis of Sofcom (Sofcom)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Thu Jun 2024 | 30.46 | 35.95 | 38.00 | 30.00 | 1.716 times |
31 Fri May 2024 | 35.40 | 32.50 | 38.50 | 29.99 | 0.411 times |
24 Fri May 2024 | 34.06 | 35.75 | 37.50 | 32.00 | 1.193 times |
18 Sat May 2024 | 33.54 | 39.90 | 42.99 | 32.68 | 0.982 times |
10 Fri May 2024 | 40.81 | 43.00 | 43.99 | 38.57 | 0.786 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sofcom (Sofcom)
Date | Monthly Closing Price | Open | High | Low | Volume |
06 Thu Jun 2024 | 30.46 | 35.95 | 38.00 | 30.00 | 0.192 times |
31 Fri May 2024 | 35.40 | 45.98 | 46.88 | 29.99 | 0.964 times |
30 Tue Apr 2024 | 46.36 | 42.79 | 55.00 | 41.00 | 1.749 times |
28 Thu Mar 2024 | 40.26 | 56.95 | 56.95 | 38.40 | 0.379 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 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 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 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. Bears are getting stronger in this stock.
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
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 33.19 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 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 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 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. Bears are getting stronger in this stock.
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
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 33.19 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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