(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)
Showing technical analysis as on 2024-07-10 View latest technical analysis
10 day averaged volume of Sonam is 16556
Date | Daily Closing Price | Open | High | Low | Volume |
10 Wed Jul 2024 | 37.59 | 37.39 | 38.14 | 36.66 | 0.571 times |
09 Tue Jul 2024 | 36.66 | 38.10 | 38.46 | 35.42 | 1.83 times |
08 Mon Jul 2024 | 37.96 | 40.00 | 40.00 | 37.50 | 0.529 times |
05 Fri Jul 2024 | 38.82 | 38.98 | 39.37 | 38.35 | 0.662 times |
04 Thu Jul 2024 | 38.34 | 39.24 | 39.24 | 38.00 | 0.767 times |
03 Wed Jul 2024 | 38.01 | 39.86 | 39.86 | 37.22 | 0.951 times |
02 Tue Jul 2024 | 38.65 | 40.85 | 40.85 | 38.50 | 0.632 times |
01 Mon Jul 2024 | 39.41 | 38.45 | 39.99 | 38.45 | 1.058 times |
28 Fri Jun 2024 | 39.39 | 39.79 | 39.79 | 38.46 | 0.346 times |
27 Thu Jun 2024 | 39.11 | 39.70 | 39.70 | 38.50 | 0.48 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.1, but if it comes above 38.1, then a intra day buy could be more profitable.
If you take a sell trade below 38.1, then use 38.1 as stoploss and 37.1 as target. However if you take a buy trade in stock , then use 38.1 as stoploss and 38.97 as target.
Share price targets for Sonam (SONAMLTD)
Target Type | Value |
Downside Target | 34.00 |
Downside Target | 35.42 |
Downside Target | 37.00 |
Upside Target | 40.00 |
Upside Target | 40.85 |
Upside Target | 41.45 |
Upside Target | 42.00 |
Upside Target | 74.00 |
Upside Target | 75.65 |
Upside Target | 84.25 |
Upside Target | 86.95 |
Upside Target | 90.50 |
Intraday share price targets for Sonam (SONAMLTD)
Target Type | Value |
Downside Intraday Target | 35.34 |
Downside Intraday Target | 33.09 |
Upside Intraday Target | 39.92 |
Upside Intraday Target | 42.25 |
Upside Intraday Target | 37.67 |
Weekly technical analysis of Sonam (SONAMLTD)
Date | Weekly Closing Price | Open | High | Low | Volume |
10 Wed Jul 2024 | 37.59 | 40.00 | 40.00 | 35.42 | 0.72 times |
05 Fri Jul 2024 | 38.82 | 38.45 | 40.85 | 37.22 | 0.819 times |
28 Fri Jun 2024 | 39.39 | 40.12 | 41.01 | 38.46 | 0.902 times |
21 Fri Jun 2024 | 39.52 | 40.50 | 41.45 | 37.00 | 0.274 times |
14 Fri Jun 2024 | 40.09 | 38.25 | 41.27 | 38.25 | 2.327 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 Sonam (SONAMLTD)
Date | Monthly Closing Price | Open | High | Low | Volume |
10 Wed Jul 2024 | 37.59 | 38.45 | 40.85 | 35.42 | 0.178 times |
28 Fri Jun 2024 | 39.39 | 41.00 | 42.00 | 34.00 | 0.568 times |
31 Fri May 2024 | 39.90 | 82.60 | 90.50 | 37.80 | 4.074 times |
30 Tue Apr 2024 | 82.55 | 80.00 | 84.25 | 75.65 | 0.677 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 Sonam (SONAMLTD)
Price action analysis of Sonam ( (SONAMLTD) ) based on a short 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 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 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 Sonam stock for short term is SELL. Signal strength is Strong 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 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sonam in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 Sonam is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.13 and Sonam (SONAMLTD) 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 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.
Price action analysis of Sonam ( (SONAMLTD) ) based on a short 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 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 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 Sonam stock for short term is SELL. Signal strength is Strong 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 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sonam in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 Sonam is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.13 and Sonam (SONAMLTD) 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 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.
Click here for further forecast and predictions for tomorrow
Daily charts
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