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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 2024-03-26 View latest technical analysis

10 day averaged volume of Sonata Software is 666201

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	747.60	738.00	750.40	729.10	0.503 times
22 Fri Mar 2024	742.55	742.00	755.15	731.05	1.431 times
21 Thu Mar 2024	749.05	730.00	763.00	722.00	1.162 times
20 Wed Mar 2024	728.65	753.10	756.00	725.00	1.499 times
19 Tue Mar 2024	750.10	750.40	753.90	733.65	0.437 times
18 Mon Mar 2024	745.45	731.50	749.10	723.35	0.528 times
15 Fri Mar 2024	731.50	728.00	747.40	718.25	0.793 times
14 Thu Mar 2024	728.00	737.00	741.20	704.05	1.447 times
13 Wed Mar 2024	740.30	754.20	757.70	705.95	1.408 times
12 Tue Mar 2024	754.20	777.70	782.45	743.60	0.879 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 738.4 as stoploss in an intra day buy trade for a target of 779.14. However, stock will show a bearish move below 738.4.

Share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Target	694.55
Upside Target	750.40
Upside Target	793.15
Upside Target	793.45
Upside Target	834.80
Upside Target	840.00
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	734.33
Downside Intraday Target	721.07
Upside Intraday Target	755.63
Upside Intraday Target	763.67
Downside Intraday Target	742.37

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	747.60	738.00	750.40	729.10	0.1 times
22 Fri Mar 2024	742.55	731.50	763.00	722.00	1.023 times
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

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 Tue Mar 2024	747.60	815.00	840.00	704.05	0.736 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 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 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 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.

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

Sonata Software 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. 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 SELL signal for Sonata Software in short term but SELL 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 739.71 and Sonata Software (SONATSOFTW) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.