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

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

10 day averaged volume of Sonacoms is 70356

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 625.60 638.25 642.50 624.00 0.624 times
29 Mon Apr 2024 636.35 650.25 654.10 633.95 1.413 times
26 Fri Apr 2024 647.75 663.35 671.00 647.00 0.422 times
25 Thu Apr 2024 667.05 666.00 673.10 659.40 0.318 times
24 Wed Apr 2024 666.65 666.10 681.00 665.10 1.285 times

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 628, for a target of 646.9 or 662.57

Share price targets for Sonacoms (Sonacoms)

Target Type Value
Downside Target 532.00
Downside Target 561.70
Downside Target 579.00
Downside Target 603.60
Downside Target 624.00
Upside Target 642.80
Upside Target 681.00
Upside Target 691.10
Upside Target 706.05
Upside Target 713.40
Upside Target 716.00
Upside Target 718.55

Intraday share price targets for Sonacoms (Sonacoms)

Target Type Value
Downside Intraday Target 615.03
Downside Intraday Target 604.47
Upside Intraday Target 645.13
Upside Intraday Target 664.67
Upside Intraday Target 634.57

Weekly technical analysis of Sonacoms (Sonacoms)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 625.60 650.25 654.10 624.00 0.522 times
26 Fri Apr 2024 647.75 672.45 681.00 647.00 0.787 times
19 Fri Apr 2024 681.40 669.75 691.10 652.10 0.474 times
12 Fri Apr 2024 679.85 663.55 706.05 642.80 2.495 times
05 Fri Apr 2024 662.10 711.35 713.40 658.85 1.04 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 Sonacoms (Sonacoms)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 625.60 711.35 713.40 624.00 1.217 times
28 Thu Mar 2024 705.55 692.05 716.00 603.60 0.82 times
29 Thu Feb 2024 689.45 620.15 718.55 579.00 1.011 times
31 Wed Jan 2024 617.80 646.95 670.20 561.70 0.642 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 Sonacoms (Sonacoms)

Indicator Name Indicator Value Indicator Signal
ADX 14, 26, 29 Sell
MACD -5, 3Sell
Stochastics 3Sell
CCI -176Sell
RSI 44Sell
OBV 473282Sell
VWAP 663Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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

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

Sonacoms 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 Sonacoms in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sonacoms is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 663.14 and Sonacoms (Sonacoms) 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 Sonacoms (Sonacoms) stock. Volume based technical analysis of Sonacoms (Sonacoms) stock is negative.

Sonacoms 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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