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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 2024-04-16 View latest technical analysis

10 day averaged volume of Sona Blw is 2316238

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	677.40	660.00	687.90	658.10	0.662 times
15 Mon Apr 2024	665.95	662.05	679.00	652.00	0.66 times
12 Fri Apr 2024	680.00	665.00	706.10	660.10	4.155 times
10 Wed Apr 2024	651.70	650.00	673.20	645.00	1.094 times
09 Tue Apr 2024	644.00	649.40	663.35	643.00	0.595 times
08 Mon Apr 2024	645.80	667.00	667.00	642.50	0.57 times
05 Fri Apr 2024	662.60	665.00	678.90	659.20	0.464 times
04 Thu Apr 2024	663.15	680.55	680.65	662.00	0.588 times
03 Wed Apr 2024	670.50	684.10	689.00	662.75	0.773 times
02 Tue Apr 2024	678.20	689.60	697.65	675.00	0.534 times

My analysis of stock is bullish for shortterm, and stock might move up till 687.7 or till 710.3. Use a stoploss of 668.86 and if this stock hits its stoploss, then it can fall down till 650.02

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	687.90
Upside Target	698.70
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	656.97
Downside Intraday Target	636.53
Upside Intraday Target	692.87
Upside Intraday Target	708.33
Downside Intraday Target	672.43

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	677.40	662.05	687.90	652.00	0.206 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
22 Fri Mar 2024	691.45	645.00	698.70	631.10	0.667 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
16 Tue Apr 2024	677.40	709.95	714.00	642.50	0.624 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 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 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 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 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 SELL signal for Sona Blw in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

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 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 669.19 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 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 negative.

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