(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)
10 day averaged volume of Sofcom is 1747
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Wed Sep 2021||11.56||11.56||11.56||11.56||0.057 times|
|14 Tue Sep 2021||12.16||12.16||12.16||12.16||0.006 times|
|13 Mon Sep 2021||12.80||12.80||12.80||12.80||0.578 times|
|07 Tue Sep 2021||13.47||13.47||13.47||13.47||0.006 times|
|06 Mon Sep 2021||14.17||12.83||14.17||12.83||0.013 times|
|02 Thu Sep 2021||13.50||13.50||13.50||13.50||0.086 times|
|25 Wed Aug 2021||13.50||12.90||13.50||12.90||0.169 times|
|24 Tue Aug 2021||12.90||12.85||12.90||12.85||1.145 times|
|18 Wed Aug 2021||12.30||12.30||12.30||12.30||3.764 times|
|17 Tue Aug 2021||12.90||11.70||12.90||11.70||4.007 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.9, but if it comes above 11.9, then a intra day buy could be more profitable.
If you take a sell trade below 11.9, then use 11.9 as stoploss and 10.7 as target. However if you take a buy trade in stock , then use 11.9 as stoploss and 12.89 as target.
Share price targets for Sofcom (Sofcom)
Intraday share price targets for Sofcom (Sofcom)
|Downside Intraday Target||11.15|
|Downside Intraday Target||10.73|
|Upside Intraday Target||12.39|
|Upside Intraday Target||13.21|
|Upside Intraday Target||11.97|
Weekly technical analysis of Sofcom (Sofcom)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Wed Sep 2021||11.56||12.80||12.80||11.56||35 times|
|07 Tue Sep 2021||13.47||12.83||14.17||12.83||0.013 times|
|02 Thu Sep 2021||13.50||12.85||13.50||12.85||0.175 times|
|18 Wed Aug 2021||12.30||11.20||12.90||11.20||11.216 times|
|12 Thu Aug 2021||11.75||11.75||12.95||10.65||0.219 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|
|15 Wed Sep 2021||11.56||13.50||14.17||11.56||0.056 times|
|25 Wed Aug 2021||13.50||15.09||15.09||10.65||1.751 times|
|30 Fri Jul 2021||15.09||14.10||18.86||14.10||0.344 times|
|29 Tue Jun 2021||13.89||9.58||13.89||6.71||26.582 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||22, 38, 27||Sell|
Price action analysis of Sofcom ( (Sofcom) ) based on a short term time period is
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 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 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 in or above 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 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 12.67 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.