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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)

Showing technical analysis as on 2025-02-05 View latest technical analysis

10 day averaged volume of Sonam is 1024328

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	56.68	60.00	60.84	55.80	0.431 times
04 Tue Feb 2025	57.48	50.80	60.00	50.40	1.719 times
03 Mon Feb 2025	50.16	59.98	68.00	48.90	1.23 times
26 Thu Sep 2024	76.50	76.00	80.95	75.81	1.098 times
25 Wed Sep 2024	74.16	66.90	76.99	65.50	1.82 times
24 Tue Sep 2024	67.72	58.00	68.34	57.54	3.288 times
23 Mon Sep 2024	56.95	54.35	57.60	53.82	0.225 times
20 Fri Sep 2024	54.21	50.51	55.51	50.51	0.136 times
19 Thu Sep 2024	52.64	55.84	57.00	52.10	0.124 times
18 Wed Sep 2024	54.33	52.35	56.00	52.01	0.195 times

My analysis of stock is bullish for shortterm, and stock might move up till 63.7 or till 72.6. Use a stoploss of 56.29 and if this stock hits its stoploss, then it can fall down till 48.89

Share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Target	34.00
Downside Target	35.20
Downside Target	42.00
Downside Target	46.00
Downside Target	48.90
Downside Target	50.51
Downside Target	53.82
Downside Target	56.20
Upside Target	57.80
Upside Target	59.80
Upside Target	68.00
Upside Target	80.95

Intraday share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Intraday Target	47.72
Downside Intraday Target	38.76
Upside Intraday Target	66.82
Upside Intraday Target	76.96
Upside Intraday Target	57.86

Weekly technical analysis of Sonam (SONAMLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	56.68	59.98	68.00	48.90	0.526 times
26 Thu Sep 2024	76.50	54.35	80.95	53.82	7.461 times
20 Fri Sep 2024	54.21	56.57	57.80	50.51	0.481 times
13 Fri Sep 2024	56.25	51.81	59.80	49.00	6.721 times
06 Fri Sep 2024	51.81	54.01	56.20	50.54	0.539 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
05 Wed Feb 2025	56.68	59.98	68.00	48.90	0.361 times
26 Thu Sep 2024	76.50	54.01	80.95	49.00	2.427 times
30 Fri Aug 2024	53.87	57.55	58.78	46.00	0.729 times
31 Wed Jul 2024	55.95	38.45	59.40	35.20	8.335 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 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 Sonam ( (SONAMLTD) ) based on a short to mid 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 Sonam ( (SONAMLTD) ) 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 Sonam stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sonam in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Sonam in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 64.67 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 is giving positive 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.