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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 2024-03-15 View latest technical analysis

10 day averaged volume of Sonata Software is 517295

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	731.50	728.00	747.40	718.25	1.021 times
14 Thu Mar 2024	728.00	737.00	741.20	704.05	1.864 times
13 Wed Mar 2024	740.30	754.20	757.70	705.95	1.813 times
12 Tue Mar 2024	754.20	777.70	782.45	743.60	1.132 times
11 Mon Mar 2024	782.85	793.00	793.45	765.00	0.536 times
07 Thu Mar 2024	789.05	812.40	816.95	785.00	0.982 times
06 Wed Mar 2024	805.10	825.00	825.00	774.95	1.276 times
05 Tue Mar 2024	822.70	811.00	834.80	803.20	0.831 times
04 Mon Mar 2024	816.85	822.60	826.15	797.85	0.79 times
02 Sat Mar 2024	822.15	824.80	840.00	820.35	0.041 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 721.2, for a target of 768.2 or 807.36

Share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Target	694.55
Upside Target	745.30
Upside Target	774.95
Upside Target	827.00
Upside Target	834.80
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	692.55
Downside Intraday Target	653.6
Upside Intraday Target	781.95
Upside Intraday Target	832.4
Upside Intraday Target	743

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	731.50	793.00	793.45	704.05	1.641 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sonata Software (SONATSOFTW)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	731.50	815.00	840.00	704.05	0.446 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 neutral. A longer time frame might give a better analysis.

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.

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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 766.5 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.