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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 1197931

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 605.10 610.05 635.90 597.15 2.196 times
20 Thu Jun 2024 602.60 567.95 605.00 565.00 1.749 times
19 Wed Jun 2024 563.55 559.25 567.60 552.05 0.32 times
18 Tue Jun 2024 559.25 569.70 574.45 557.05 0.483 times
14 Fri Jun 2024 564.45 576.80 578.00 563.00 0.328 times

Stock of Sonata Software (SONATSOFTW) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 583.7, but if it comes below 583.7, then a intra day sell could be more profitable.
If you take a sell trade below 583.7, then use 583.7 as stoploss and 551.89 as target. However if you take a buy trade in stock , then use 583.7 as stoploss and 621.8 as target.

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 552.05
Downside Target 590.00
Upside Target 635.90
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 559.47
Downside Intraday Target 513.83
Upside Intraday Target 643.32
Upside Intraday Target 681.53
Downside Intraday Target 597.68

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 605.10 569.70 635.90 552.05 2.294 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sonata Software (SONATSOFTW)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 605.10 534.80 635.90 469.60 0.537 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 43, 17, 43 Buy
MACD -11, -24Buy
Stochastics 79Buy
CCI 218Buy
RSI 61Buy
OBV 5256768Sell
VWAP 589Buy
ADL 0Sell
ROC 12Buy
Force Index 0Sell

Price action analysis of Sonata Software ( (SONATSOFTW) ) 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 Software ( (SONATSOFTW) ) 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 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 Strong and stock is gaining 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 moving up

CCI has generated a buy signal for Sonata Software in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 Sonata Software is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 589.26 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Sonata Software charts

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