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(SOFTTECH_BE) Softtech Engineers complete technical analysis [charts+indicators] | Buy/Sell Softtech Engineers | (SOFTTECH_BE) share price targets

Complete technical analysis of Softtech Engineers (SOFTTECH_BE) by charts plus indicators, forecast predictions and share price targets for Softtech Engineers (SOFTTECH_BE)

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Softtech Engineers is 6140

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	322.00	330.00	330.00	320.00	0.543 times
05 Fri Apr 2024	325.00	340.50	340.50	315.00	1.041 times
04 Thu Apr 2024	327.20	329.95	343.00	318.00	1.01 times
03 Wed Apr 2024	329.50	306.00	331.15	306.00	1.75 times
02 Tue Apr 2024	315.85	322.50	322.60	315.00	0.752 times
01 Mon Apr 2024	307.25	305.00	310.95	300.00	0.439 times
28 Thu Mar 2024	296.15	290.05	299.60	272.10	2.233 times
27 Wed Mar 2024	285.35	285.30	285.35	277.05	0.642 times
26 Tue Mar 2024	271.80	290.00	290.00	270.75	0.356 times
22 Fri Mar 2024	280.00	286.85	295.00	279.00	1.159 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 317.8, but if it comes below 317.8, then a intra day sell could be more profitable.
If you take a sell trade below 317.8, then use 317.8 as stoploss and 298.75 as target. However if you take a buy trade in stock , then use 317.8 as stoploss and 340.8 as target.

Share price targets for Softtech Engineers (SOFTTECH_BE)

Target Type	Value
Downside Target	207.50
Downside Target	218.00
Downside Target	240.00
Downside Target	250.00
Downside Target	267.90
Downside Target	295.00
Downside Target	300.00
Downside Target	319.00
Downside Target	320.00
Upside Target	330.00
Upside Target	340.00
Upside Target	343.00

Intraday share price targets for Softtech Engineers (SOFTTECH_BE)

Target Type	Value
Downside Intraday Target	318
Downside Intraday Target	314
Upside Intraday Target	328
Upside Intraday Target	334
Upside Intraday Target	324

Weekly technical analysis of Softtech Engineers (SOFTTECH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	322.00	330.00	330.00	320.00	0.109 times
05 Fri Apr 2024	325.00	305.00	343.00	300.00	1.545 times
28 Thu Mar 2024	296.15	290.00	299.60	270.75	0.944 times
22 Fri Mar 2024	280.00	285.00	295.00	267.90	0.917 times
15 Fri Mar 2024	285.65	315.00	319.00	269.70	2.361 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 Softtech Engineers (SOFTTECH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	322.00	305.00	343.00	300.00	0.522 times
28 Thu Mar 2024	296.15	340.00	340.00	267.90	0.272 times
30 Tue Jan 2024	278.15	229.00	295.05	222.00	1.495 times
29 Fri Dec 2023	229.90	223.50	250.00	218.00	0.859 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 Softtech Engineers (SOFTTECH_BE)

Price action analysis of Softtech Engineers ( (SOFTTECH_BE) ) 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 Softtech Engineers ( (SOFTTECH_BE) ) 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 Softtech Engineers ( (SOFTTECH_BE) ) 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 Softtech Engineers stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Softtech Engineers 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.

Softtech Engineers Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Softtech Engineers in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 Softtech Engineers is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 308.15 and Softtech Engineers (SOFTTECH_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Softtech Engineers (SOFTTECH_BE) stock. Volume based technical analysis of Softtech Engineers (SOFTTECH_BE) stock is negative.

Softtech Engineers Stock is giving positive 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.