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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 15484

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 35.98 35.75 36.90 32.00 3.603 times
18 Sat May 2024 33.54 35.68 35.68 32.68 0.419 times
17 Fri May 2024 34.01 36.00 37.25 33.00 1.058 times
16 Thu May 2024 36.11 36.00 36.99 35.00 0.107 times
15 Wed May 2024 36.65 35.99 37.25 35.10 1.95 times
14 Tue May 2024 36.04 42.99 42.99 35.25 2.351 times
13 Mon May 2024 38.82 39.90 41.99 36.05 1.319 times
10 Fri May 2024 40.81 41.80 41.80 38.57 0.205 times
09 Thu May 2024 40.56 43.00 43.00 40.30 0.082 times
08 Wed May 2024 42.78 43.80 43.80 40.85 0.041 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 36.6, but if it comes above 36.6, then a intra day buy could be more profitable.
If you take a sell trade below 36.6, then use 36.6 as stoploss and 30.4 as target. However if you take a buy trade in stock , then use 36.6 as stoploss and 41.79 as target.

Share price targets for Sofcom (Sofcom)

Target Type Value
Downside Target 32.00
Downside Target 32.68
Upside Target 36.90
Upside Target 38.40
Upside Target 39.99
Upside Target 41.00
Upside Target 42.99
Upside Target 43.99
Upside Target 46.88
Upside Target 51.00
Upside Target 54.70
Upside Target 55.00
Upside Target 56.95
Upside Target 59.00
Upside Target 59.90

Intraday share price targets for Sofcom (Sofcom)

Target Type Value
Downside Intraday Target 33.02
Downside Intraday Target 30.06
Upside Intraday Target 37.92
Upside Intraday Target 39.86
Downside Intraday Target 34.96

Weekly technical analysis of Sofcom (Sofcom)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 35.98 35.75 36.90 32.00 0.5 times
18 Sat May 2024 33.54 39.90 42.99 32.68 0.982 times
10 Fri May 2024 40.81 43.00 43.99 38.57 0.786 times
03 Fri May 2024 42.94 51.00 51.00 39.99 1.082 times
26 Fri Apr 2024 49.48 47.00 54.70 44.00 3.343 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
21 Tue May 2024 35.98 45.98 46.88 32.00 0.704 times
30 Tue Apr 2024 46.36 42.79 55.00 41.00 1.749 times
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

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 losing momentum.

MACD generated a SELL signal for Sofcom in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 36.32 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 losing momentum.

MACD generated a SELL signal for Sofcom in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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 36.32 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

Click here for further forecast and predictions for tomorrow

Daily charts

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