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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 2024-05-15 View latest technical analysis

10 day averaged volume of Sona Blw is 2063768

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	604.55	585.95	608.00	581.40	1.751 times
14 Tue May 2024	579.70	571.80	582.75	567.90	0.798 times
13 Mon May 2024	570.65	590.95	591.50	565.00	1.85 times
10 Fri May 2024	590.20	608.45	609.40	588.00	0.788 times
09 Thu May 2024	605.50	615.50	623.00	600.70	0.797 times
08 Wed May 2024	614.50	613.90	618.15	606.00	0.435 times
07 Tue May 2024	614.30	608.00	616.55	600.20	0.89 times
06 Mon May 2024	606.65	615.00	619.00	605.55	0.386 times
03 Fri May 2024	610.25	614.45	620.90	607.00	1.079 times
02 Thu May 2024	608.25	647.00	647.00	604.65	1.887 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 596.5 as stoploss in an intra day buy trade for a target of 630.56. However, stock will show a bearish move below 596.5.

Share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Target	562.10
Downside Target	580.00
Downside Target	603.65
Upside Target	623.00
Upside Target	646.50
Upside Target	654.20
Upside Target	669.95
Upside Target	681.00
Upside Target	691.00
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	577.03
Downside Intraday Target	549.52
Upside Intraday Target	620.03
Upside Intraday Target	635.52
Downside Intraday Target	592.52

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	604.55	590.95	608.00	565.00	1.335 times
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

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 Sona Blw (SONACOMS)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Wed May 2024	604.55	647.00	647.00	565.00	0.577 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 losing momentum.

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

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

Sona Blw Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term but selling is losing 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 Sona Blw is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 598.34 and Sona Blw (SONACOMS) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.