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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)

10 day averaged volume of Sofcom is 20476

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 40.26 39.01 42.85 39.01 0.077 times
27 Wed Mar 2024 39.73 42.99 42.99 38.40 0.465 times
26 Tue Mar 2024 40.59 43.95 43.95 40.26 0.334 times
22 Fri Mar 2024 42.48 41.50 43.75 40.22 0.653 times
21 Thu Mar 2024 42.49 44.61 44.61 39.00 6.608 times
20 Wed Mar 2024 45.79 42.25 46.59 42.25 0.357 times
19 Tue Mar 2024 45.39 48.49 48.49 45.30 0.057 times
18 Mon Mar 2024 48.67 44.00 49.78 44.00 0.408 times
15 Fri Mar 2024 44.22 46.96 46.96 42.75 0.244 times
14 Thu Mar 2024 43.55 48.92 48.92 42.20 0.37 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.1, but if it comes above 42.1, then a intra day buy could be more profitable.
If you take a sell trade below 42.1, then use 42.1 as stoploss and 37 as target. However if you take a buy trade in stock , then use 42.1 as stoploss and 46.32 as target.

Share price targets for Sofcom (Sofcom)

Target Type Value
Downside Target 38.40
Upside Target 41.01
Upside Target 43.95
Upside Target 46.00
Upside Target 47.15
Upside Target 49.78
Upside Target 53.90
Upside Target 56.95
Upside Target 59.00
Upside Target 59.90
Upside Target 63.00
Upside Target 63.10

Intraday share price targets for Sofcom (Sofcom)

Target Type Value
Downside Intraday Target 37.79
Downside Intraday Target 35.32
Upside Intraday Target 43.34
Upside Intraday Target 46.42
Upside Intraday Target 40.87

Weekly technical analysis of Sofcom (Sofcom)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 40.26 43.95 43.95 38.40 0.108 times
22 Fri Mar 2024 42.48 44.00 49.78 39.00 4.919 times
15 Fri Mar 2024 44.22 46.00 50.50 41.01 0.607 times
07 Thu Mar 2024 48.32 52.00 53.90 45.01 0.48 times
02 Sat Mar 2024 51.97 59.50 59.90 51.30 0.579 times

Price has moved down 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
28 Thu Mar 2024 40.26 56.95 56.95 38.40 0.379 times
29 Thu Feb 2024 54.97 47.90 59.90 41.25 0.815 times
31 Wed Jan 2024 44.90 50.00 59.00 44.17 1.883 times
29 Fri Dec 2023 50.17 51.99 63.10 46.00 1.098 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sofcom in short term but BUY signal is weak.

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 42.76 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sofcom in short term but BUY signal is weak.

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 42.76 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.

Click here for Sofcom charts

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Daily charts

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