Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Saksoft is 106156

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	271.65	275.00	275.00	271.00	0.648 times
29 Thu Feb 2024	270.55	274.95	274.95	266.00	0.663 times
28 Wed Feb 2024	267.95	271.95	275.80	265.00	0.853 times
27 Tue Feb 2024	270.50	275.00	278.15	266.55	0.686 times
26 Mon Feb 2024	273.10	283.50	283.50	272.00	1.032 times
23 Fri Feb 2024	279.15	280.50	281.95	276.40	0.692 times
22 Thu Feb 2024	275.00	270.55	281.80	268.80	1.259 times
21 Wed Feb 2024	270.55	280.00	280.00	270.00	2.217 times
20 Tue Feb 2024	281.35	284.00	287.70	280.00	0.719 times
19 Mon Feb 2024	284.20	285.15	289.65	280.50	0.756 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 259.9 as stoploss in an intra day buy trade for a target of 301.92. However, stock will show a bearish move below 259.9.

Share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Target	257.30
Downside Target	265.00
Upside Target	283.50
Upside Target	289.65
Upside Target	309.75
Upside Target	324.60
Upside Target	350.00
Upside Target	362.50
Upside Target	385.65
Upside Target	400.00
Upside Target	402.20

Intraday share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Intraday Target	263.27
Downside Intraday Target	254.88
Upside Intraday Target	281.77
Upside Intraday Target	291.88
Upside Intraday Target	273.38

Weekly technical analysis of Saksoft (SAKSOFT)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	271.65	283.50	283.50	265.00	0.688 times
23 Fri Feb 2024	279.15	285.15	289.65	268.80	0.714 times
16 Fri Feb 2024	285.15	285.00	309.75	257.30	1.017 times
08 Wed Nov 2023	367.95	374.80	400.00	362.50	0.811 times
03 Fri Nov 2023	371.50	350.00	385.65	350.00	0.948 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 Saksoft (SAKSOFT)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	271.65	275.00	275.00	271.00	0.039 times
29 Thu Feb 2024	270.55	285.00	309.75	257.30	1.492 times
08 Wed Nov 2023	367.95	378.80	400.00	362.50	0.231 times
31 Tue Oct 2023	376.20	335.00	402.20	324.60	1.156 times

Scroll below to view daily charts

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 Saksoft (SAKSOFT)

Price action analysis of Saksoft ( (SAKSOFT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Saksoft ( (SAKSOFT) ) 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 Saksoft ( (SAKSOFT) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Saksoft ( (SAKSOFT) ) 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 Saksoft stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Saksoft 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.

Saksoft 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Saksoft 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 positive zone. This is a BUY zone

Stock of Saksoft is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 273.78 and Saksoft (SAKSOFT) 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 Saksoft (SAKSOFT) stock. Volume based technical analysis of Saksoft (SAKSOFT) stock is negative.

Saksoft 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.