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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 10312

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 66.45 66.50 66.50 63.60 0.261 times
18 Mon Nov 2024 66.93 65.66 69.50 63.65 1.24 times
14 Thu Nov 2024 67.00 65.90 67.05 63.88 0.153 times
13 Wed Nov 2024 67.24 68.88 68.88 63.30 0.409 times
12 Tue Nov 2024 66.60 71.60 71.60 66.02 0.343 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 66.5, but if it comes above 66.5, then a intra day buy could be more profitable.
If you take a sell trade below 66.5, then use 66.5 as stoploss and 64.6 as target. However if you take a buy trade in stock , then use 66.5 as stoploss and 68.07 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 69.50
Upside Target 71.98
Upside Target 72.50
Upside Target 72.80
Upside Target 73.00
Upside Target 81.50

Intraday share price targets for Sofcom (Sofcom)

Target Type Value
Downside Intraday Target 63.53
Downside Intraday Target 60.62
Upside Intraday Target 69.43
Upside Intraday Target 72.42
Upside Intraday Target 66.52

Weekly technical analysis of Sofcom (Sofcom)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 66.45 65.66 69.50 63.60 1.123 times
14 Thu Nov 2024 67.00 73.00 73.00 63.30 0.183 times
08 Fri Nov 2024 69.66 69.99 72.80 62.70 3.338 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

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
19 Tue Nov 2024 66.45 71.59 73.00 62.70 0.086 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

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 14, 13, 5 Buy
MACD 4, 5Sell
Stochastics 40None
CCI -93Sell
RSI 65Buy
OBV -7498Sell
VWAP 68Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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

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 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 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 BUY signal in short term and the buying is gaining 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 68.09 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 is giving positive 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

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