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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 2024-05-29 View latest technical analysis

10 day averaged volume of Sona Blw is 1460093

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	630.70	623.40	633.30	610.55	0.747 times
28 Tue May 2024	620.90	638.00	643.75	617.00	0.537 times
27 Mon May 2024	636.30	633.75	640.60	628.05	0.655 times
24 Fri May 2024	630.40	627.65	639.40	625.90	0.959 times
23 Thu May 2024	627.70	633.80	641.75	626.40	0.641 times
22 Wed May 2024	633.10	639.70	647.90	631.05	0.838 times
21 Tue May 2024	637.30	613.00	643.00	608.60	2.262 times
18 Sat May 2024	613.10	612.55	616.60	610.20	0.057 times
17 Fri May 2024	612.75	605.05	614.00	598.15	0.871 times
16 Thu May 2024	605.05	610.60	612.95	601.85	0.707 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 630.1, but if it comes below 630.1, then a intra day sell could be more profitable.
If you take a sell trade below 630.1, then use 630.1 as stoploss and 612.59 as target. However if you take a buy trade in stock , then use 630.1 as stoploss and 651.1 as target.

Share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Target	562.10
Downside Target	580.00
Downside Target	603.65
Upside Target	643.75
Upside Target	647.90
Upside Target	654.20
Upside Target	669.95
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	612.92
Downside Intraday Target	595.13
Upside Intraday Target	646.12
Upside Intraday Target	661.53
Downside Intraday Target	628.33

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	630.70	633.75	643.75	610.55	0.413 times
24 Fri May 2024	630.40	613.00	647.90	608.60	0.598 times
18 Sat May 2024	613.10	590.95	616.60	565.00	1.686 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

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
29 Wed May 2024	630.70	647.00	647.90	565.00	0.894 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 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 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 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 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 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 Weak and stock is gaining momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Sona Blw in short term but SELL 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 628.09 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 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.