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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 123579

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 531.45 532.05 538.80 522.05 0.63 times
15 Wed May 2024 528.15 514.95 540.00 510.20 0.751 times
14 Tue May 2024 509.45 509.95 512.00 498.00 0.278 times
13 Mon May 2024 505.25 517.85 523.55 502.50 0.354 times
10 Fri May 2024 516.90 525.10 528.30 496.25 2.728 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 546.5, but if it comes above 546.5, then a intra day buy could be more profitable.
If you take a sell trade below 546.5, then use 546.5 as stoploss and 458.6 as target. However if you take a buy trade in stock , then use 546.5 as stoploss and 619.81 as target.

Share price targets for Sonata Soft (SonataSoft)

Target Type Value
Downside Target 496.25
Upside Target 540.00
Upside Target 657.45
Upside Target 689.95
Upside Target 704.85
Upside Target 705.00
Upside Target 717.70
Upside Target 721.05
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 506.3
Downside Intraday Target 481.15
Upside Intraday Target 548.3
Upside Intraday Target 565.15
Downside Intraday Target 523.15

Weekly technical analysis of Sonata Soft (SonataSoft)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 531.45 517.85 540.00 498.00 0.254 times
10 Fri May 2024 516.90 673.70 673.70 496.25 21.346 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

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 Sonata Soft (SonataSoft)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 531.45 695.75 697.20 496.25 2.454 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sonata Soft (SonataSoft)

Indicator Name Indicator Value Indicator Signal
ADX 13, 41, 51 Sell
MACD -102, -89Sell
Stochastics 14Sell
CCI -40Buy
RSI 38Sell
OBV -888719Sell
VWAP 530Buy
ADL 0Sell
ROC -22Sell
Force Index 0Sell

Price action analysis of Sonata Soft ( (SonataSoft) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing momentum.

MACD generated a SELL signal for Sonata Soft 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.

Sonata Soft 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sonata Soft 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 Sonata Soft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 530 and Sonata Soft (SonataSoft) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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