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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 2024-05-31 View latest technical analysis

10 day averaged volume of Sona Blw is 1280519

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	651.10	640.00	657.00	616.60	5.321 times
30 Thu May 2024	638.05	624.00	644.90	618.50	1.373 times
29 Wed May 2024	630.70	623.40	633.30	610.55	0.852 times
28 Tue May 2024	620.90	638.00	643.75	617.00	0.612 times
27 Mon May 2024	636.30	633.75	640.60	628.05	0.747 times
24 Fri May 2024	630.40	627.65	639.40	625.90	1.093 times
23 Thu May 2024	627.70	633.80	641.75	626.40	0.731 times
22 Wed May 2024	633.10	639.70	647.90	631.05	0.955 times
21 Tue May 2024	637.30	613.00	643.00	608.60	2.579 times
18 Sat May 2024	613.10	612.55	616.60	610.20	0.065 times

Stock of Sona Blw (SONACOMS) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 660.1, for a target of 636.1 or 616.13

Share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Target	562.10
Downside Target	580.00
Downside Target	603.65
Downside Target	647.90
Upside Target	654.20
Upside Target	657.00
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	622.1
Downside Intraday Target	593.1
Upside Intraday Target	668.55
Upside Intraday Target	686
Downside Intraday Target	639.55

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	651.10	633.75	657.00	610.55	1.662 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, 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
31 Fri May 2024	651.10	647.00	657.00	565.00	1.119 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Sona Blw stock for short term is BUY. 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 stronger in this stock.

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 buy signal for Sona Blw in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 639.95 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.