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(SONACOMS) Sona Blw complete technical analysis [charts+indicators] | Buy/Sell Sona Blw | (SONACOMS) share price targets

Complete technical analysis of Sona Blw (SONACOMS) by charts plus indicators, forecast predictions and share price targets for Sona Blw (SONACOMS)

10 day averaged volume of Sona Blw is 1777633

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	590.20	608.45	609.40	588.00	0.914 times
09 Thu May 2024	605.50	615.50	623.00	600.70	0.925 times
08 Wed May 2024	614.50	613.90	618.15	606.00	0.505 times
07 Tue May 2024	614.30	608.00	616.55	600.20	1.033 times
06 Mon May 2024	606.65	615.00	619.00	605.55	0.448 times
03 Fri May 2024	610.25	614.45	620.90	607.00	1.253 times
02 Thu May 2024	608.25	647.00	647.00	604.65	2.191 times
30 Tue Apr 2024	625.35	638.85	642.00	624.00	1.266 times
29 Mon Apr 2024	636.85	650.00	654.20	633.20	0.936 times
26 Fri Apr 2024	647.70	667.40	671.25	646.50	0.738 times

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 577.4, for a target of 613 or 642.69

Share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Target	562.10
Downside Target	580.00
Upside Target	603.65
Upside Target	623.00
Upside Target	642.50
Upside Target	669.95
Upside Target	681.00
Upside Target	691.00
Upside Target	706.10
Upside Target	714.00
Upside Target	716.00
Upside Target	718.85

Intraday share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Intraday Target	577.8
Downside Intraday Target	565.4
Upside Intraday Target	612.8
Upside Intraday Target	635.4
Upside Intraday Target	600.4

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	590.20	615.00	623.00	588.00	0.678 times
03 Fri May 2024	610.25	650.00	654.20	604.65	1.516 times
26 Fri Apr 2024	647.70	671.00	681.00	646.50	1.111 times
19 Fri Apr 2024	681.25	662.05	691.00	652.00	0.401 times
12 Fri Apr 2024	680.00	667.00	706.10	642.50	2.193 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 Sona Blw (SONACOMS)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri May 2024	590.20	647.00	647.00	588.00	0.339 times
30 Tue Apr 2024	625.35	709.95	714.00	624.00	0.964 times
28 Thu Mar 2024	705.95	693.35	716.00	603.65	0.931 times
29 Thu Feb 2024	689.35	622.15	718.85	580.00	1.166 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 Sona Blw (SONACOMS)

Price action analysis of Sona Blw ( (SONACOMS) ) 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 Sona Blw ( (SONACOMS) ) 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 Sona Blw ( (SONACOMS) ) 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 Sona Blw stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sona Blw in short term and the sell signal is strong.

Sona Blw 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 Sona Blw 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

Stock of Sona Blw is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 615.07 and Sona Blw (SONACOMS) 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 Sona Blw (SONACOMS) stock. Volume based technical analysis of Sona Blw (SONACOMS) stock is negative.

Sona Blw 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.