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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)

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Sona Blw is 2332219

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	637.85	649.90	653.55	631.10	0.581 times
19 Tue Mar 2024	653.80	664.00	664.40	648.00	0.456 times
18 Mon Mar 2024	663.05	645.00	669.10	645.00	1.012 times
15 Fri Mar 2024	641.60	639.00	647.15	626.40	0.845 times
14 Thu Mar 2024	638.90	629.30	648.00	622.05	1.133 times
13 Wed Mar 2024	642.50	684.00	688.05	603.65	2.982 times
12 Tue Mar 2024	686.95	703.45	708.00	679.50	0.597 times
11 Mon Mar 2024	701.35	690.00	715.20	682.55	0.991 times
07 Thu Mar 2024	684.35	680.50	695.25	678.50	0.934 times
06 Wed Mar 2024	681.30	681.00	686.70	663.15	0.55 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 643, but if it comes above 643, then a intra day buy could be more profitable.
If you take a sell trade below 643, then use 643 as stoploss and 615.8 as target. However if you take a buy trade in stock , then use 643 as stoploss and 665.75 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	631.10
Upside Target	669.10
Upside Target	669.95
Upside Target	695.25
Upside Target	715.20
Upside Target	718.85

Intraday share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Intraday Target	622.93
Downside Intraday Target	608.02
Upside Intraday Target	660.93
Upside Intraday Target	684.02
Upside Intraday Target	646.02

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	637.85	645.00	669.10	631.10	0.313 times
15 Fri Mar 2024	641.60	690.00	715.20	603.65	2.486 times
07 Thu Mar 2024	684.35	694.20	695.25	663.15	0.319 times
02 Sat Mar 2024	694.20	650.00	718.85	643.05	1.436 times
23 Fri Feb 2024	649.25	618.00	656.50	605.70	3.613 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
20 Wed Mar 2024	637.85	693.35	715.20	603.65	0.655 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
29 Fri Dec 2023	644.50	563.50	651.65	531.60	2.009 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 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 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 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 neutral. A longer time frame might give a better analysis.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 positive zone. This is a BUY 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 658.74 and Sona Blw (SONACOMS) 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 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 positive

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