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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 2024-04-08 View latest technical analysis

10 day averaged volume of Sona Blw is 1851903

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	645.80	667.00	667.00	642.50	0.713 times
05 Fri Apr 2024	662.60	665.00	678.90	659.20	0.58 times
04 Thu Apr 2024	663.15	680.55	680.65	662.00	0.735 times
03 Wed Apr 2024	670.50	684.10	689.00	662.75	0.967 times
02 Tue Apr 2024	678.20	689.60	697.65	675.00	0.668 times
01 Mon Apr 2024	684.20	709.95	714.00	682.90	0.709 times
28 Thu Mar 2024	705.95	685.60	711.90	671.95	1.034 times
27 Wed Mar 2024	681.45	703.00	716.00	678.00	0.98 times
26 Tue Mar 2024	699.60	689.90	704.70	685.10	1.405 times
22 Fri Mar 2024	691.45	676.80	698.70	674.05	1.263 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 649.2, but if it comes above 649.2, then a intra day buy could be more profitable.
If you take a sell trade below 649.2, then use 649.2 as stoploss and 623.6 as target. However if you take a buy trade in stock , then use 649.2 as stoploss and 670.61 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	698.70
Upside Target	714.00
Upside Target	715.20
Upside Target	716.00
Upside Target	718.85

Intraday share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Intraday Target	636.53
Downside Intraday Target	627.27
Upside Intraday Target	661.03
Upside Intraday Target	676.27
Upside Intraday Target	651.77

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	645.80	667.00	667.00	642.50	0.195 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
22 Fri Mar 2024	691.45	645.00	698.70	631.10	0.667 times
15 Fri Mar 2024	641.60	690.00	715.20	603.65	2.486 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
08 Mon Apr 2024	645.80	709.95	714.00	642.50	0.205 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal in short term but buying is losing 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 681.76 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.