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

(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)

Showing technical analysis as on 2024-02-23 View latest technical analysis

10 day averaged volume of Sona Blw is 1312506

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	649.25	642.80	652.00	617.30	3.64 times
22 Thu Feb 2024	612.95	615.00	616.95	605.70	0.788 times
21 Wed Feb 2024	612.30	642.00	642.00	608.50	1.156 times
20 Tue Feb 2024	639.85	619.85	656.50	618.60	4.059 times
19 Mon Feb 2024	614.80	618.00	623.30	612.05	0.567 times
16 Fri Feb 2024	613.90	616.00	626.10	611.45	0.552 times
15 Thu Feb 2024	613.20	616.15	617.50	608.35	0.431 times
14 Wed Feb 2024	606.30	580.00	613.50	580.00	0.96 times
13 Tue Feb 2024	583.40	593.95	599.15	581.25	0.415 times
12 Mon Feb 2024	593.95	627.00	627.90	585.00	0.467 times

Stock of Sona Blw (SONACOMS) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 653.1, for a target of 633.3 or 616.85

Share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Target	488.10
Downside Target	531.60
Downside Target	562.10
Downside Target	605.70
Downside Target	627.90
Downside Target	641.00
Downside Target	646.90
Upside Target	651.65
Upside Target	656.50
Upside Target	669.95

Intraday share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Intraday Target	617.8
Downside Intraday Target	586.35
Upside Intraday Target	668.6
Upside Intraday Target	687.95
Downside Intraday Target	637.15

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	649.25	618.00	656.50	605.70	3.613 times
16 Fri Feb 2024	613.90	627.00	627.90	580.00	0.852 times
09 Fri Feb 2024	619.35	630.35	646.90	590.70	0.468 times
02 Fri Feb 2024	630.35	590.00	641.00	587.00	1.679 times
25 Thu Jan 2024	585.40	587.40	599.00	571.25	0.781 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 Sona Blw (SONACOMS)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	649.25	622.15	656.50	580.00	0.682 times
31 Wed Jan 2024	618.20	646.00	669.95	562.10	0.81 times
29 Fri Dec 2023	644.50	563.50	651.65	531.60	2.009 times
30 Thu Nov 2023	558.00	542.90	603.90	539.75	0.877 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 Sona Blw (SONACOMS)

Price action analysis of Sona Blw ( (SONACOMS) ) 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 Sona Blw ( (SONACOMS) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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

Sona Blw Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sona Blw in short term and BUY signal is strong.

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 Sona Blw is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 629.42 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 positive

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