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(SonataSoft) Sonata Soft complete technical analysis [charts+indicators] | Buy/Sell Sonata Soft | (SonataSoft) share price targets

Complete technical analysis of Sonata Soft (SonataSoft) by charts plus indicators, forecast predictions and share price targets for Sonata Soft (SonataSoft)

10 day averaged volume of Sonata Soft is 44104

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 540.80 554.80 569.25 530.10 6.228 times
07 Tue May 2024 637.40 659.45 660.30 631.00 0.913 times
06 Mon May 2024 660.85 673.70 673.70 657.00 0.24 times
03 Fri May 2024 672.15 683.00 683.85 666.15 0.181 times
02 Thu May 2024 682.25 695.75 697.20 676.65 0.245 times

Stock of Sonata Soft (SonataSoft) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 583.4, for a target of 638.4 or 684.21

Share price targets for Sonata Soft (SonataSoft)

Target Type Value
Downside Target 530.10
Upside Target 657.45
Upside Target 689.95
Upside Target 717.70
Upside Target 721.05
Upside Target 723.00
Upside Target 770.00
Upside Target 779.60
Upside Target 836.15
Upside Target 867.10

Intraday share price targets for Sonata Soft (SonataSoft)

Target Type Value
Downside Intraday Target 489.37
Downside Intraday Target 437.93
Upside Intraday Target 632.97
Upside Intraday Target 725.13
Upside Intraday Target 581.53

Weekly technical analysis of Sonata Soft (SonataSoft)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 540.80 673.70 673.70 530.10 7.097 times
03 Fri May 2024 672.15 688.45 705.00 666.15 0.452 times
26 Fri Apr 2024 680.95 673.35 689.95 657.55 0.848 times
19 Fri Apr 2024 672.35 702.00 721.05 657.45 0.743 times
12 Fri Apr 2024 727.45 752.95 770.00 723.00 1.627 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 Sonata Soft (SonataSoft)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 540.80 695.75 697.20 530.10 0.678 times
30 Tue Apr 2024 690.15 722.35 770.00 657.45 0.944 times
28 Thu Mar 2024 722.85 827.20 836.15 704.85 0.734 times
29 Thu Feb 2024 811.30 777.85 867.10 717.70 0.831 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 Sonata Soft (SonataSoft)

Indicator Name Indicator Value Indicator Signal
ADX 8, 57, 76 Sell
MACD -62, -48Sell
Stochastics 8Sell
CCI -286Sell
RSI 37Sell
OBV -578194Sell
VWAP 589Sell
ADL 0Sell
ROC -18Sell
Force Index 0Sell

Price action analysis of Sonata Soft ( (SonataSoft) ) 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 Sonata Soft ( (SonataSoft) ) 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 Sonata Soft ( (SonataSoft) ) 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 Sonata Soft ( (SonataSoft) ) 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 Sonata Soft stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sonata Soft in short term and the sell signal is strong.

Sonata Soft 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sonata Soft in short term and SELL signal is strong!

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sonata Soft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 588.95 and Sonata Soft (SonataSoft) 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 Sonata Soft (SonataSoft) stock. Volume based technical analysis of Sonata Soft (SonataSoft) stock is negative.

Sonata Soft 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.

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