Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-27 View latest technical analysis

10 day averaged volume of Sonata Software is 469781

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	630.25	639.90	647.00	627.15	2.766 times
26 Thu Sep 2024	631.70	638.00	638.20	628.55	0.493 times
25 Wed Sep 2024	637.55	643.00	655.00	628.75	0.56 times
24 Tue Sep 2024	641.80	642.00	648.80	635.50	0.531 times
23 Mon Sep 2024	641.95	647.00	650.95	639.00	0.437 times
20 Fri Sep 2024	646.75	652.90	656.95	637.90	1.159 times
19 Thu Sep 2024	644.75	662.00	669.95	636.90	1.13 times
18 Wed Sep 2024	652.85	670.00	671.60	646.20	1.135 times
17 Tue Sep 2024	666.15	682.95	686.85	661.05	2.89 times
16 Mon Sep 2024	680.35	685.90	686.00	673.50	0.68 times

Stock of Sonata Software (SONATSOFTW) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 642.8, but if it comes above 642.8, then a intra day buy could be more profitable.
If you take a sell trade below 642.8, then use 642.8 as stoploss and 621.1 as target. However if you take a buy trade in stock , then use 642.8 as stoploss and 660.96 as target.

Share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Target	469.60
Downside Target	496.50
Downside Target	579.35
Downside Target	592.35
Downside Target	618.40
Upside Target	650.10
Upside Target	678.95
Upside Target	691.00
Upside Target	697.20
Upside Target	698.90
Upside Target	730.00
Upside Target	763.70

Intraday share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Intraday Target	619.93
Downside Intraday Target	609.62
Upside Intraday Target	647.78
Upside Intraday Target	665.32
Upside Intraday Target	637.47

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	630.25	647.00	655.00	627.15	0.685 times
20 Fri Sep 2024	646.75	685.90	686.85	636.90	1.07 times
13 Fri Sep 2024	685.95	691.00	691.00	650.10	0.708 times
06 Fri Sep 2024	689.30	665.55	697.20	654.75	0.299 times
30 Fri Aug 2024	665.75	621.05	678.95	618.40	3.328 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
27 Fri Sep 2024	630.25	665.55	697.20	627.15	0.394 times
30 Fri Aug 2024	665.75	730.00	730.00	579.35	0.915 times
31 Wed Jul 2024	736.85	595.00	763.70	592.35	1.829 times
28 Fri Jun 2024	592.45	534.80	635.90	469.60	0.651 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 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 Weak 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Sonata Software in short term but BUY 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 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 648.5 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 positive

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