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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.

Showing technical analysis as on 2024-03-11 View latest technical analysis

10 day averaged volume of Sonata Software is 457087

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	782.85	793.00	793.45	765.00	0.606 times
07 Thu Mar 2024	789.05	812.40	816.95	785.00	1.111 times
06 Wed Mar 2024	805.10	825.00	825.00	774.95	1.445 times
05 Tue Mar 2024	822.70	811.00	834.80	803.20	0.941 times
04 Mon Mar 2024	816.85	822.60	826.15	797.85	0.894 times
02 Sat Mar 2024	822.15	824.80	840.00	820.35	0.046 times
01 Fri Mar 2024	817.30	815.00	825.00	806.55	0.831 times
29 Thu Feb 2024	810.95	840.00	840.80	793.15	2.254 times
28 Wed Feb 2024	840.80	860.20	864.95	826.70	0.787 times
27 Tue Feb 2024	857.65	854.15	870.00	837.45	0.951 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 794.8, but if it comes above 794.8, then a intra day buy could be more profitable.
If you take a sell trade below 794.8, then use 794.8 as stoploss and 767 as target. However if you take a buy trade in stock , then use 794.8 as stoploss and 818.06 as target.

Share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Target	694.55
Downside Target	708.45
Downside Target	745.30
Downside Target	765.00
Upside Target	827.00
Upside Target	840.00
Upside Target	865.65
Upside Target	870.00
Upside Target	1135.00
Upside Target	1408.95
Upside Target	1485.00

Intraday share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Intraday Target	767.42
Downside Intraday Target	751.98
Upside Intraday Target	795.87
Upside Intraday Target	808.88
Downside Intraday Target	780.43

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	782.85	793.00	793.45	765.00	0.138 times
07 Thu Mar 2024	789.05	822.60	834.80	774.95	0.783 times
02 Sat Mar 2024	822.15	839.35	870.00	793.15	0.781 times
23 Fri Feb 2024	839.35	802.00	865.65	801.45	1.74 times
16 Fri Feb 2024	797.45	797.55	827.00	745.30	0.44 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 Sonata Software (SONATSOFTW)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	782.85	815.00	840.00	765.00	0.21 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
29 Fri Dec 2023	742.75	1392.00	1485.00	708.45	2.474 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 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 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 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 Sonata Software stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Sonata Software 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 SELL signal for Sonata Software in short term and SELL signal is strong!

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 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 815.02 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.