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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 2342281

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	647.70	667.40	671.25	646.50	0.56 times
25 Thu Apr 2024	667.40	666.50	673.70	659.10	0.536 times
24 Wed Apr 2024	666.80	668.45	681.00	665.05	0.602 times
23 Tue Apr 2024	665.10	666.00	673.80	654.25	0.647 times
22 Mon Apr 2024	661.20	671.00	680.95	656.85	0.48 times
19 Fri Apr 2024	681.25	669.95	687.70	660.05	0.659 times
18 Thu Apr 2024	677.50	688.00	691.00	673.60	0.578 times
16 Tue Apr 2024	677.40	660.00	687.90	658.10	0.655 times
15 Mon Apr 2024	665.95	662.05	679.00	652.00	0.652 times
12 Fri Apr 2024	680.00	665.00	706.10	660.10	4.109 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 654.2, but if it comes above 654.2, then a intra day buy could be more profitable.
If you take a sell trade below 654.2, then use 654.2 as stoploss and 636.5 as target. However if you take a buy trade in stock , then use 654.2 as stoploss and 668.89 as target.

Share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Target	531.60
Downside Target	562.10
Downside Target	580.00
Downside Target	603.65
Downside Target	642.50
Upside Target	691.00
Upside Target	706.10
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	635.8
Downside Intraday Target	623.9
Upside Intraday Target	670.3
Upside Intraday Target	692.9
Upside Intraday Target	658.4

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	647.70	671.00	681.00	646.50	1.111 times
19 Fri Apr 2024	681.25	662.05	691.00	652.00	0.401 times
12 Fri Apr 2024	680.00	667.00	706.10	642.50	2.193 times
05 Fri Apr 2024	662.60	709.95	714.00	659.20	1.07 times
28 Thu Mar 2024	705.95	689.90	716.00	671.95	0.621 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 Sona Blw (SONACOMS)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	647.70	709.95	714.00	642.50	0.865 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
31 Wed Jan 2024	618.20	646.00	669.95	562.10	0.81 times

Scroll below to view daily charts

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 Sona Blw (SONACOMS)

Price action analysis of Sona Blw ( (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 Sona Blw ( (SONACOMS) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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

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

Sona Blw 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sona Blw in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 673.36 and Sona Blw (SONACOMS) stock is trading below this level. This means that stock is falling with high volumes. 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 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.