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

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

10 day averaged volume of Sona Blw is 1926028

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 633.10 639.70 647.90 631.05 0.635 times
21 Tue May 2024 637.30 613.00 643.00 608.60 1.715 times
20 Mon May 2024 613.10 612.55 616.60 610.20 0.043 times
17 Fri May 2024 612.75 605.05 614.00 598.15 0.66 times
16 Thu May 2024 605.05 610.60 612.95 601.85 0.536 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 642.1 as stoploss in an intra day sell trade for a target of 617.5. However, stock will show a bullish move above 642.1.

Share price targets for Sona Blw (SONACOMS)

Target Type Value
Downside Target 562.10
Downside Target 580.00
Downside Target 603.65
Upside Target 646.50
Upside Target 647.90
Upside Target 654.20
Upside Target 669.95
Upside Target 681.00
Upside Target 714.00
Upside Target 716.00
Upside Target 718.85

Intraday share price targets for Sona Blw (SONACOMS)

Target Type Value
Downside Intraday Target 611.83
Downside Intraday Target 590.57
Upside Intraday Target 651.13
Upside Intraday Target 669.17
Downside Intraday Target 629.87

Weekly technical analysis of Sona Blw (SONACOMS)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 633.10 612.55 647.90 608.60 0.405 times
17 Fri May 2024 612.75 590.95 614.00 565.00 1.674 times
10 Fri May 2024 590.20 615.00 623.00 588.00 0.678 times
03 Fri May 2024 610.25 650.00 654.20 604.65 1.516 times
26 Fri Apr 2024 647.70 671.00 681.00 646.50 1.111 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 Sona Blw (SONACOMS)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 633.10 647.00 647.90 565.00 0.758 times
30 Tue Apr 2024 625.35 709.95 714.00 624.00 0.964 times
28 Thu Mar 2024 705.95 693.35 716.00 603.65 0.931 times
29 Thu Feb 2024 689.35 622.15 718.85 580.00 1.166 times

Price has moved up 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 Sona Blw (SONACOMS)

Indicator Name Indicator Value Indicator Signal
ADX 28, 20, 16 Buy
MACD -16, -22Buy
Stochastics 86Buy
CCI 145Buy
RSI 44Sell
OBV 1862885Sell
VWAP 603Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Sona Blw ( (SONACOMS) ) based on a short 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.

Price action analysis of Sona Blw ( (SONACOMS) ) based on a short 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.

Price action analysis of Sona Blw ( (SONACOMS) ) based on a short to mid term time period is

Price action analysis of Sona Blw ( (SONACOMS) ) 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 Sona Blw stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Sona Blw in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sona Blw Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 buy signal for Sona Blw in short term and BUY signal is strong.

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 Sona Blw is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 602.61 and Sona Blw (SONACOMS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sona Blw (SONACOMS) stock. Volume based technical analysis of Sona Blw (SONACOMS) stock is negative.

Sona Blw 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.

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