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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 2024-10-07 View latest technical analysis

10 day averaged volume of Sonata Software is 530415

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	588.95	605.50	610.55	584.75	2.684 times
04 Fri Oct 2024	602.45	613.70	622.00	600.65	0.9 times
03 Thu Oct 2024	613.70	632.45	632.45	611.20	1.739 times
01 Tue Oct 2024	634.85	625.55	637.30	625.55	0.341 times
30 Mon Sep 2024	631.05	630.85	639.15	625.10	1.754 times
27 Fri Sep 2024	630.25	639.90	647.00	627.15	2.45 times
26 Thu Sep 2024	631.70	638.00	638.20	628.55	0.437 times
25 Wed Sep 2024	637.55	643.00	655.00	628.75	0.496 times
24 Tue Sep 2024	641.80	642.00	648.80	635.50	0.471 times
23 Mon Sep 2024	641.95	647.00	650.95	639.00	0.387 times

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

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 589.5, for a target of 620.2 or 645.8

Share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Target	469.60
Downside Target	579.35
Upside Target	625.10
Upside Target	639.15
Upside Target	650.10
Upside Target	655.00
Upside Target	686.85
Upside Target	691.00
Upside Target	697.20
Upside Target	730.00
Upside Target	763.70

Intraday share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Intraday Target	578.95
Downside Intraday Target	568.95
Upside Intraday Target	604.75
Upside Intraday Target	620.55
Upside Intraday Target	594.75

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	588.95	605.50	610.55	584.75	0.567 times
04 Fri Oct 2024	602.45	630.85	639.15	600.65	1.116 times
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

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
07 Mon Oct 2024	588.95	625.55	637.30	584.75	0.216 times
30 Mon Sep 2024	631.05	665.55	697.20	625.10	0.422 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

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 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 red color and prices are below the red 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 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 617.6 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.