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(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 2024-11-05 View latest technical analysis

10 day averaged volume of Sofcom is 6193

Date Daily Closing Price Open High Low Volume
05 Tue Nov 2024 66.43 65.00 69.30 62.70 5.86 times
04 Mon Nov 2024 66.00 69.99 69.99 64.90 0.228 times
01 Fri Nov 2024 68.30 71.59 71.59 65.10 0.944 times
31 Thu Oct 2024 68.19 70.11 70.11 63.50 0.262 times
30 Wed Oct 2024 66.78 67.99 67.99 62.50 0.369 times
29 Tue Oct 2024 65.61 66.64 70.99 64.60 1.576 times
28 Mon Oct 2024 68.00 69.00 71.98 65.55 0.489 times
25 Fri Oct 2024 69.00 69.50 71.00 69.00 0.045 times
24 Thu Oct 2024 69.65 72.20 72.20 65.74 0.319 times
23 Wed Oct 2024 69.19 66.50 69.60 66.50 3.513 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 bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.1, but if it comes above 67.1, then a intra day buy could be more profitable.
If you take a sell trade below 67.1, then use 67.1 as stoploss and 63.3 as target. However if you take a buy trade in stock , then use 67.1 as stoploss and 70.22 as target.

Share price targets for Sofcom (Sofcom)

Target Type Value
Downside Target 33.62
Downside Target 36.97
Downside Target 39.00
Downside Target 45.75
Downside Target 55.53
Downside Target 62.50
Downside Target 65.74
Upside Target 68.22
Upside Target 69.99
Upside Target 71.50
Upside Target 71.98
Upside Target 72.50
Upside Target 75.09
Upside Target 81.50

Intraday share price targets for Sofcom (Sofcom)

Target Type Value
Downside Intraday Target 62.76
Downside Intraday Target 59.08
Upside Intraday Target 70.05
Upside Intraday Target 73.66
Downside Intraday Target 66.37

Weekly technical analysis of Sofcom (Sofcom)

Date Weekly Closing Price Open High Low Volume
05 Tue Nov 2024 66.43 69.99 69.99 62.70 1.672 times
01 Fri Nov 2024 68.30 69.00 71.98 62.50 0.519 times
25 Fri Oct 2024 69.00 68.25 72.50 65.74 0.234 times
18 Fri Oct 2024 71.78 71.00 75.09 68.22 0.462 times
11 Fri Oct 2024 75.20 81.50 81.50 71.50 0.55 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
05 Tue Nov 2024 66.43 71.59 71.59 62.70 0.034 times
31 Thu Oct 2024 68.19 56.00 81.50 56.00 2.356 times
30 Mon Sep 2024 55.53 45.75 55.53 36.97 5.283 times
30 Fri Aug 2024 45.75 37.59 45.75 37.50 0.423 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sofcom in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 67.35 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sofcom in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term but buying 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 67.35 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Sofcom charts

Click here for further forecast and predictions for tomorrow

Daily charts

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