(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 2024-08-20 View latest technical analysis
10 day averaged volume of Sofcom is 3111
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 42.80 | 42.00 | 42.80 | 41.20 | 2.99 times |
| 19 Mon Aug 2024 | 42.00 | 42.00 | 42.00 | 41.50 | 0.515 times |
| 16 Fri Aug 2024 | 41.50 | 42.09 | 42.09 | 41.50 | 0.201 times |
| 14 Wed Aug 2024 | 42.09 | 42.20 | 42.20 | 42.09 | 1.864 times |
| 13 Tue Aug 2024 | 42.28 | 42.28 | 42.28 | 42.28 | 0.032 times |
| 12 Mon Aug 2024 | 42.29 | 42.30 | 42.30 | 42.29 | 0.161 times |
| 09 Fri Aug 2024 | 41.48 | 41.69 | 41.69 | 41.48 | 0.772 times |
| 08 Thu Aug 2024 | 40.88 | 40.50 | 40.88 | 39.35 | 1.638 times |
| 07 Wed Aug 2024 | 40.08 | 39.49 | 40.08 | 38.71 | 2.08 times |
| 06 Tue Aug 2024 | 39.49 | 39.50 | 39.50 | 39.49 | 1.774 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 41.7, but if it comes below 41.7, then a intra day sell could be more profitable.
If you take a sell trade below 41.7, then use 41.7 as stoploss and 39.3 as target. However if you take a buy trade in stock , then use 41.7 as stoploss and 44.6 as target.
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 | 37.40 |
| Downside Target | 41.00 |
| Downside Target | 41.50 |
| Downside Target | 41.69 |
| Downside Target | 42.30 |
| Downside Target | 42.80 |
| Upside Target | 46.88 |
| Upside Target | 55.00 |
Intraday share price targets for Sofcom (Sofcom)
| Target Type | Value |
| Downside Intraday Target | 41.73 |
| Downside Intraday Target | 40.67 |
| Upside Intraday Target | 43.33 |
| Upside Intraday Target | 43.87 |
| Downside Intraday Target | 42.27 |
Weekly technical analysis of Sofcom (Sofcom)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 42.80 | 42.00 | 42.80 | 41.20 | 1.552 times |
| 16 Fri Aug 2024 | 41.50 | 42.30 | 42.30 | 41.50 | 0.313 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 |
Price has moved up 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 |
| 20 Tue Aug 2024 | 42.80 | 37.59 | 42.80 | 37.50 | 0.182 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 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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 41.32 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 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 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 41.32 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.
Click here for further forecast and predictions for tomorrow