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

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

10 day averaged volume of Sonata Software is 1052909

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 564.45 576.80 578.00 563.00 0.373 times
13 Thu Jun 2024 573.75 584.95 586.00 572.00 0.588 times
12 Wed Jun 2024 579.25 579.70 584.90 576.10 0.299 times
11 Tue Jun 2024 574.80 585.85 588.00 572.10 0.316 times
10 Mon Jun 2024 585.85 591.00 591.70 573.35 0.778 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 567.8 as stoploss in an intra day sell trade for a target of 540.48. However, stock will show a bullish move above 567.8.

Share price targets for Sonata Software (SONATSOFTW)

Target Type Value
Downside Target 469.60
Downside Target 496.50
Downside Target 509.65
Downside Target 539.95
Downside Target 554.85
Upside Target 590.00
Upside Target 656.55
Upside Target 698.90
Upside Target 704.05
Upside Target 710.50
Upside Target 769.70
Upside Target 840.00
Upside Target 870.00

Intraday share price targets for Sonata Software (SONATSOFTW)

Target Type Value
Downside Intraday Target 554.4
Downside Intraday Target 544.35
Upside Intraday Target 583.1
Upside Intraday Target 601.75
Upside Intraday Target 573.05

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 564.45 591.00 591.70 563.00 0.308 times
07 Fri Jun 2024 586.05 534.80 590.00 469.60 2.075 times
31 Fri May 2024 515.25 522.70 554.85 509.65 1.444 times
24 Fri May 2024 518.05 535.95 539.95 511.65 0.445 times
17 Fri May 2024 535.20 522.00 540.00 498.10 0.356 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 Sonata Software (SONATSOFTW)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 564.45 534.80 591.70 469.60 0.349 times
31 Fri May 2024 515.25 698.90 698.90 496.50 2.251 times
30 Tue Apr 2024 691.15 722.00 769.70 656.55 1.335 times
28 Thu Mar 2024 722.35 815.00 840.00 704.05 0.786 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 Sonata Software (SONATSOFTW)

Indicator Name Indicator Value Indicator Signal
ADX 29, 24, 9 Buy
MACD -26, -40Buy
Stochastics 84Buy
CCI 38Sell
RSI 60Buy
OBV 305412Sell
VWAP 555Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Sonata Software ( (SONATSOFTW) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sonata Software ( (SONATSOFTW) ) 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 Sonata Software ( (SONATSOFTW) ) based on a short to mid 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 Sonata Software ( (SONATSOFTW) ) 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 Software stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sonata Software 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.

Sonata Software 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 SELL signal for Sonata Software in short term but SELL signal is weak.

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 Sonata Software is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 555.16 and Sonata Software (SONATSOFTW) 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 Sonata Software (SONATSOFTW) stock. Volume based technical analysis of Sonata Software (SONATSOFTW) stock is negative.

Sonata Software 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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