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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 2025-03-20 View latest technical analysis

10 day averaged volume of Sonam is 155222

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	44.44	45.50	47.30	44.00	1.057 times
19 Wed Mar 2025	45.49	46.70	46.70	44.56	0.897 times
18 Tue Mar 2025	44.71	43.79	47.50	41.53	3.361 times
17 Mon Mar 2025	41.20	44.60	44.60	39.97	1.355 times
13 Thu Mar 2025	43.77	44.00	45.62	43.21	0.363 times
12 Wed Mar 2025	43.74	43.26	44.78	42.65	1.122 times
11 Tue Mar 2025	43.78	46.70	46.70	43.35	0.458 times
10 Mon Mar 2025	45.91	49.00	49.00	45.50	0.449 times
07 Fri Mar 2025	48.03	47.95	49.50	47.01	0.742 times
06 Thu Mar 2025	47.72	45.00	48.00	45.00	0.547 times

My analysis of stock is bearish for shortterm, and stock might move down till 43.6 or till 41.8. Use a stoploss of 44.99 and if the stock hits stoploss, then it can shoot up till 46.43

Share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Target	35.20
Downside Target	39.97
Downside Target	42.02
Upside Target	46.00
Upside Target	47.50
Upside Target	49.00
Upside Target	49.50
Upside Target	58.78
Upside Target	59.40
Upside Target	68.00
Upside Target	80.95

Intraday share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Intraday Target	40.44
Downside Intraday Target	36.44
Upside Intraday Target	47.97
Upside Intraday Target	51.5
Downside Intraday Target	43.97

Weekly technical analysis of Sonam (SONAMLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	44.44	44.60	47.50	39.97	2.788 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
28 Fri Feb 2025	44.48	44.00	48.20	42.97	0.397 times
21 Fri Feb 2025	45.02	44.11	48.90	42.49	1.039 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sonam (SONAMLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	44.44	44.00	49.50	39.97	0.328 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
30 Fri Aug 2024	53.87	57.55	58.78	46.00	0.729 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sonam ( (SONAMLTD) ) based on a short to mid 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 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. 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 coming down

CCI has generated a SELL signal for Sonam in short term but SELL 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 44.56 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.