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(SAKSOFT) Saksoft complete technical analysis [charts+indicators] | Buy/Sell Saksoft | (SAKSOFT) share price targets

Complete technical analysis of Saksoft (SAKSOFT) by charts plus indicators, forecast predictions and share price targets for Saksoft (SAKSOFT)

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Saksoft is 362134

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	285.40	281.95	294.85	281.95	0.377 times
19 Fri Apr 2024	280.60	285.00	286.00	277.80	0.354 times
18 Thu Apr 2024	284.95	284.70	297.40	283.50	0.621 times
16 Tue Apr 2024	282.65	285.10	291.05	281.90	0.459 times
15 Mon Apr 2024	285.10	281.00	290.80	276.45	0.87 times
12 Fri Apr 2024	296.35	284.80	307.85	283.00	1.758 times
10 Wed Apr 2024	282.50	290.00	292.60	280.00	0.466 times
09 Tue Apr 2024	288.55	299.70	300.00	285.00	0.403 times
08 Mon Apr 2024	293.55	308.95	311.00	292.20	0.9 times
05 Fri Apr 2024	303.65	306.80	315.85	296.00	3.143 times

My analysis of stock is bullish for shortterm, and stock might move up till 293.5 or till 312.3. Use a stoploss of 277.84 and if this stock hits its stoploss, then it can fall down till 262.17

Share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Target	209.95
Downside Target	242.20
Downside Target	257.30
Downside Target	276.45
Upside Target	294.85
Upside Target	309.75
Upside Target	311.00
Upside Target	315.85
Upside Target	324.60
Upside Target	362.50
Upside Target	400.00
Upside Target	402.20

Intraday share price targets for Saksoft (SAKSOFT)

Target Type	Value
Downside Intraday Target	279.95
Downside Intraday Target	274.5
Upside Intraday Target	292.85
Upside Intraday Target	300.3
Upside Intraday Target	287.4

Weekly technical analysis of Saksoft (SAKSOFT)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	285.40	281.95	294.85	281.95	0.164 times
19 Fri Apr 2024	280.60	281.00	297.40	276.45	0.653 times
12 Fri Apr 2024	296.35	308.95	311.00	280.00	0.55 times
05 Fri Apr 2024	303.65	259.95	315.85	257.85	2.657 times
28 Thu Mar 2024	256.05	259.80	260.80	242.20	0.903 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 Saksoft (SAKSOFT)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	285.40	259.95	315.85	257.85	1.227 times
28 Thu Mar 2024	256.05	275.00	285.00	209.95	2.089 times
29 Thu Feb 2024	270.55	285.00	309.75	257.30	1.492 times
08 Wed Nov 2023	367.95	378.80	400.00	362.50	0.231 times

Scroll below to view daily charts

Price has moved up 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 Saksoft (SAKSOFT)

Price action analysis of Saksoft ( (SAKSOFT) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Saksoft ( (SAKSOFT) ) 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 Saksoft ( (SAKSOFT) ) based on a short to mid 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 Saksoft ( (SAKSOFT) ) 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 Saksoft stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Saksoft in short term and the buy signal is strong.

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

Saksoft 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Saksoft in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Saksoft is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 293.99 and Saksoft (SAKSOFT) 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 Saksoft (SAKSOFT) stock. Volume based technical analysis of Saksoft (SAKSOFT) stock is negative.

Saksoft 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.