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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)

Showing technical analysis as on 2024-02-22 View latest technical analysis

10 day averaged volume of Sona Blw is 1285196

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	612.95	615.00	616.95	605.70	0.805 times
21 Wed Feb 2024	612.30	642.00	642.00	608.50	1.18 times
20 Tue Feb 2024	639.85	619.85	656.50	618.60	4.145 times
19 Mon Feb 2024	614.80	618.00	623.30	612.05	0.579 times
16 Fri Feb 2024	613.90	616.00	626.10	611.45	0.564 times
15 Thu Feb 2024	613.20	616.15	617.50	608.35	0.441 times
14 Wed Feb 2024	606.30	580.00	613.50	580.00	0.98 times
13 Tue Feb 2024	583.40	593.95	599.15	581.25	0.424 times
12 Mon Feb 2024	593.95	627.00	627.90	585.00	0.477 times
09 Fri Feb 2024	619.35	607.00	621.85	590.70	0.618 times

My analysis of stock is bearish for shortterm, and stock might move down till 597.6 or till 578.3. Use a stoploss of 613.66 and if the stock hits stoploss, then it can shoot up till 629.75

Share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Target	488.10
Downside Target	531.60
Downside Target	562.10
Downside Target	605.70
Upside Target	627.90
Upside Target	641.00
Upside Target	646.90
Upside Target	651.65
Upside Target	656.50
Upside Target	669.95

Intraday share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Intraday Target	593.6
Downside Intraday Target	574.25
Upside Intraday Target	644.4
Upside Intraday Target	675.85
Upside Intraday Target	625.05

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	612.95	618.00	656.50	605.70	2.325 times
16 Fri Feb 2024	613.90	627.00	627.90	580.00	0.852 times
09 Fri Feb 2024	619.35	630.35	646.90	590.70	0.468 times
02 Fri Feb 2024	630.35	590.00	641.00	587.00	1.679 times
25 Thu Jan 2024	585.40	587.40	599.00	571.25	0.781 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sona Blw (SONACOMS)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	612.95	622.15	656.50	580.00	0.551 times
31 Wed Jan 2024	618.20	646.00	669.95	562.10	0.81 times
29 Fri Dec 2023	644.50	563.50	651.65	531.60	2.009 times
30 Thu Nov 2023	558.00	542.90	603.90	539.75	0.877 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sona Blw ( (SONACOMS) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

Sona Blw Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 621.6 and Sona Blw (SONACOMS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.