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

(SONAMAC_SM) Sona Machinery complete technical analysis [charts+indicators] | Buy/Sell Sona Machinery | (SONAMAC_SM) share price targets

Complete technical analysis of Sona Machinery (SONAMAC_SM) by charts plus indicators, forecast predictions and share price targets for Sona Machinery (SONAMAC_SM)

Showing technical analysis as on 2024-11-06 View latest technical analysis

10 day averaged volume of Sona Machinery is 32900

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	164.20	164.50	164.50	158.00	0.395 times
05 Tue Nov 2024	154.75	155.00	157.00	152.00	0.547 times
04 Mon Nov 2024	155.25	156.00	156.00	148.30	0.76 times
01 Fri Nov 2024	155.35	154.45	156.60	154.40	0.122 times
31 Thu Oct 2024	154.45	146.90	155.00	146.90	0.912 times
30 Wed Oct 2024	144.90	145.00	152.00	143.00	2.31 times
29 Tue Oct 2024	145.70	150.00	153.95	145.00	0.638 times
28 Mon Oct 2024	151.05	142.00	157.00	138.20	1.611 times
25 Fri Oct 2024	141.70	153.45	153.45	138.25	1.368 times
24 Thu Oct 2024	153.45	157.00	159.70	153.05	0.608 times

My analysis of stock is bullish for shortterm, and stock might move up till 172.7 or till 186.3. Use a stoploss of 161.49 and if this stock hits its stoploss, then it can fall down till 150.23

Share price targets for Sona Machinery (SONAMAC_SM)

Target Type	Value
Downside Target	138.20
Downside Target	148.30
Downside Target	157.00
Downside Target	161.00
Upside Target	173.00
Upside Target	180.00
Upside Target	182.00
Upside Target	185.70
Upside Target	202.10
Upside Target	219.90
Upside Target	249.90

Intraday share price targets for Sona Machinery (SONAMAC_SM)

Target Type	Value
Downside Intraday Target	153.5
Downside Intraday Target	142.8
Upside Intraday Target	169.7
Upside Intraday Target	175.2
Downside Intraday Target	159

Weekly technical analysis of Sona Machinery (SONAMAC_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	164.20	156.00	164.50	148.30	0.304 times
01 Fri Nov 2024	155.35	142.00	157.00	138.20	1.305 times
25 Fri Oct 2024	141.70	171.00	173.00	138.25	2.564 times
18 Fri Oct 2024	171.45	170.00	182.00	165.10	0.47 times
11 Fri Oct 2024	176.00	171.50	185.70	161.00	1.648 times

Price has moved up 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 Machinery (SONAMAC_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	164.20	154.45	164.50	148.30	0.109 times
31 Thu Oct 2024	154.45	176.00	185.70	138.20	0.508 times
30 Mon Sep 2024	177.75	185.00	219.90	176.10	1.434 times
30 Fri Aug 2024	184.00	186.85	202.10	161.55	0.434 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 Machinery (SONAMAC_SM)

Price action analysis of Sona Machinery ( (SONAMAC_SM) ) 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 Machinery ( (SONAMAC_SM) ) 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 Machinery ( (SONAMAC_SM) ) based on a mid to longer 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.

ADX buy sell signal for Sona Machinery stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sona Machinery in short term but the buy signal is initial and weak.

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

Sona Machinery Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Sona Machinery 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 Machinery is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 149.44 and Sona Machinery (SONAMAC_SM) 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 Machinery (SONAMAC_SM) stock. Volume based technical analysis of Sona Machinery (SONAMAC_SM) stock is negative.

Sona Machinery Stock is giving positive 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.