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(SONAMLTD) Sonam complete technical analysis [charts+indicators] | Buy/Sell Sonam | (SONAMLTD) share price targets

Complete technical analysis of Sonam (SONAMLTD) by charts plus indicators, forecast predictions and share price targets for Sonam (SONAMLTD)

10 day averaged volume of Sonam is 301590

Date	Daily Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	43.78	42.30	45.50	41.22	0.79 times
01 Tue Apr 2025	42.31	41.48	43.20	40.10	0.246 times
28 Fri Mar 2025	40.79	43.49	43.58	40.00	1.226 times
27 Thu Mar 2025	41.14	43.48	43.48	40.85	0.784 times
26 Wed Mar 2025	43.32	42.86	44.40	42.10	1.801 times
25 Tue Mar 2025	42.86	44.69	44.70	42.11	1.097 times
24 Mon Mar 2025	43.01	44.95	45.43	42.05	1.633 times
21 Fri Mar 2025	43.95	44.83	45.90	43.55	0.478 times
20 Thu Mar 2025	44.44	45.50	47.30	44.00	0.544 times
19 Wed Mar 2025	45.49	46.70	46.70	44.56	0.462 times

My analysis of stock is bearish for shortterm, and stock might move down till 42.1 or till 39.8. Use a stoploss of 43.94 and if the stock hits stoploss, then it can shoot up till 45.81

Share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Target	39.97
Downside Target	42.02
Upside Target	45.43
Upside Target	47.50
Upside Target	49.00
Upside Target	49.50
Upside Target	58.78
Upside Target	68.00
Upside Target	80.95

Intraday share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Intraday Target	40.75
Downside Intraday Target	37.73
Upside Intraday Target	46.15
Upside Intraday Target	48.53
Downside Intraday Target	43.13

Weekly technical analysis of Sonam (SONAMLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	43.78	41.48	45.50	40.10	0.158 times
28 Fri Mar 2025	40.79	44.95	45.43	40.00	1.672 times
21 Fri Mar 2025	43.95	44.60	47.50	39.97	3.176 times
13 Thu Mar 2025	43.77	49.00	49.00	42.65	0.685 times
07 Fri Mar 2025	48.03	44.00	49.50	42.02	1.66 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 Sonam (SONAMLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	43.78	41.48	45.50	40.10	0.077 times
28 Fri Mar 2025	40.79	44.00	49.50	39.97	0.685 times
28 Fri Feb 2025	44.48	59.98	68.00	42.49	0.619 times
26 Thu Sep 2024	76.50	54.01	80.95	49.00	2.427 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 Sonam (SONAMLTD)

Price action analysis of Sonam ( (SONAMLTD) ) 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 Sonam ( (SONAMLTD) ) 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 Sonam ( (SONAMLTD) ) 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 Sonam ( (SONAMLTD) ) 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 Sonam stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sonam 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.

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

CCI has generated a buy signal for Sonam 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

Stock of Sonam is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.9 and Sonam (SONAMLTD) 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 Sonam (SONAMLTD) stock. Volume based technical analysis of Sonam (SONAMLTD) stock is negative.

Sonam 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.