(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 2024-08-13 View latest technical analysis
10 day averaged volume of Sofcom is 5286
Date | Daily Closing Price | Open | High | Low | Volume |
13 Tue Aug 2024 | 42.28 | 42.28 | 42.28 | 42.28 | 0.019 times |
12 Mon Aug 2024 | 42.29 | 42.30 | 42.30 | 42.29 | 0.095 times |
09 Fri Aug 2024 | 41.48 | 41.69 | 41.69 | 41.48 | 0.454 times |
08 Thu Aug 2024 | 40.88 | 40.50 | 40.88 | 39.35 | 0.964 times |
07 Wed Aug 2024 | 40.08 | 39.49 | 40.08 | 38.71 | 1.224 times |
06 Tue Aug 2024 | 39.49 | 39.50 | 39.50 | 39.49 | 1.044 times |
05 Mon Aug 2024 | 38.99 | 37.58 | 38.99 | 37.58 | 0.567 times |
02 Fri Aug 2024 | 38.34 | 37.60 | 38.34 | 37.60 | 0.664 times |
01 Thu Aug 2024 | 37.59 | 37.59 | 37.59 | 37.50 | 0.095 times |
31 Wed Jul 2024 | 36.86 | 38.34 | 38.34 | 36.86 | 2.19 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 42.8, for a target of 40.3 or 38.27
Share price targets for Sofcom (Sofcom)
Target Type | Value |
Downside Target | 28.30 |
Downside Target | 29.99 |
Downside Target | 33.62 |
Downside Target | 34.79 |
Downside Target | 36.25 |
Downside Target | 37.40 |
Downside Target | 41.00 |
Downside Target | 41.69 |
Downside Target | 42.28 |
Upside Target | 42.30 |
Upside Target | 46.88 |
Upside Target | 55.00 |
Intraday share price targets for Sofcom (Sofcom)
Target Type | Value |
Downside Intraday Target | 42.27 |
Downside Intraday Target | 42.27 |
Upside Intraday Target | 42.29 |
Upside Intraday Target | 42.31 |
Upside Intraday Target | 42.29 |
Weekly technical analysis of Sofcom (Sofcom)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Tue Aug 2024 | 42.28 | 42.30 | 42.30 | 42.28 | 0.027 times |
09 Fri Aug 2024 | 41.48 | 37.58 | 41.69 | 37.58 | 0.437 times |
02 Fri Aug 2024 | 38.34 | 35.45 | 38.34 | 35.45 | 0.852 times |
26 Fri Jul 2024 | 36.17 | 36.21 | 37.40 | 34.79 | 0.933 times |
19 Fri Jul 2024 | 36.94 | 39.00 | 39.00 | 36.25 | 2.458 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 |
13 Tue Aug 2024 | 42.28 | 37.59 | 42.30 | 37.50 | 0.111 times |
31 Wed Jul 2024 | 36.86 | 33.85 | 39.00 | 33.62 | 0.593 times |
28 Fri Jun 2024 | 35.38 | 35.95 | 38.00 | 28.30 | 0.842 times |
31 Fri May 2024 | 35.40 | 45.98 | 46.88 | 29.99 | 0.964 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 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 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 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.
ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sofcom in short term but SELL signal is weak.
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 38.98 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 positive
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 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 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 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.
ADX buy sell signal for Sofcom stock for short term is BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sofcom in short term but SELL signal is weak.
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 38.98 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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