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(SONATSOFTW) Sonata Software complete technical analysis [charts+indicators] | Buy/Sell Sonata Software | (SONATSOFTW) share price targets

Complete technical analysis of Sonata Software (SONATSOFTW) by charts plus indicators, forecast predictions and share price targets for Sonata Software (SONATSOFTW)

Sonata Software trades in NSE in IT Consulting & Software sector.

10 day averaged volume of Sonata Software is 597973

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	681.05	672.00	690.15	670.50	0.472 times
25 Thu Apr 2024	672.60	675.00	683.25	665.55	0.545 times
24 Wed Apr 2024	671.70	667.00	675.00	662.95	0.364 times
23 Tue Apr 2024	660.70	671.00	675.65	658.55	0.529 times
22 Mon Apr 2024	669.05	675.00	679.55	664.70	0.553 times
19 Fri Apr 2024	672.05	675.00	676.00	656.55	2.251 times
18 Thu Apr 2024	681.60	692.00	703.50	677.05	1.343 times
16 Tue Apr 2024	700.00	709.90	710.05	698.00	1.017 times
15 Mon Apr 2024	713.75	721.00	723.20	702.25	0.771 times
12 Fri Apr 2024	727.25	739.95	745.45	723.20	0.628 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 680 as stoploss in an intra day buy trade for a target of 712.8. However, stock will show a bearish move below 680.

Share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Target	656.55
Upside Target	690.15
Upside Target	723.20
Upside Target	752.00
Upside Target	753.90
Upside Target	769.70
Upside Target	779.50
Upside Target	840.00
Upside Target	870.00
Upside Target	1485.00

Intraday share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Intraday Target	663.02
Downside Intraday Target	644.98
Upside Intraday Target	694.62
Upside Intraday Target	708.18
Downside Intraday Target	676.58

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	681.05	675.00	690.15	658.55	0.458 times
19 Fri Apr 2024	672.05	721.00	723.20	656.55	0.881 times
12 Fri Apr 2024	727.25	748.90	769.70	723.20	0.946 times
05 Fri Apr 2024	742.05	722.00	753.90	711.50	3.965 times
28 Thu Mar 2024	722.35	738.00	752.00	720.00	0.289 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 Sonata Software (SONATSOFTW)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	681.05	722.00	769.70	656.55	1.216 times
28 Thu Mar 2024	722.35	815.00	840.00	704.05	0.786 times
29 Thu Feb 2024	810.95	769.90	870.00	710.50	0.903 times
31 Wed Jan 2024	768.00	736.00	779.50	694.55	0.717 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 Sonata Software (SONATSOFTW)

Price action analysis of Sonata Software ( (SONATSOFTW) ) 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 Sonata Software ( (SONATSOFTW) ) 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 Sonata Software ( (SONATSOFTW) ) 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 Sonata Software ( (SONATSOFTW) ) 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 Sonata Software stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sonata Software in short term and the sell signal is strong.

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

Sonata Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Sonata Software in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sonata Software is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 684.43 and Sonata Software (SONATSOFTW) 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 Sonata Software (SONATSOFTW) stock. Volume based technical analysis of Sonata Software (SONATSOFTW) stock is negative.

Sonata Software 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.