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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 2024-06-21 View latest technical analysis

10 day averaged volume of Sona Blw is 1188330

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	629.05	639.90	643.15	626.50	1.152 times
20 Thu Jun 2024	637.70	642.90	644.10	633.10	0.815 times
19 Wed Jun 2024	642.90	653.00	664.30	641.00	2.04 times
18 Tue Jun 2024	641.30	654.00	662.00	637.65	1.304 times
14 Fri Jun 2024	648.30	652.00	654.90	640.15	1.434 times
13 Thu Jun 2024	651.90	660.40	664.60	651.00	0.839 times
12 Wed Jun 2024	662.35	654.50	668.35	654.50	1.117 times
11 Tue Jun 2024	651.30	663.75	666.00	648.80	0.426 times
10 Mon Jun 2024	660.20	670.00	672.10	658.40	0.728 times
07 Fri Jun 2024	664.45	655.00	665.95	650.10	0.71 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 632.7, but if it comes above 632.7, then a intra day buy could be more profitable.
If you take a sell trade below 632.7, then use 632.7 as stoploss and 617.5 as target. However if you take a buy trade in stock , then use 632.7 as stoploss and 645.37 as target.

Share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Target	565.00
Downside Target	580.00
Downside Target	603.65
Downside Target	624.00
Upside Target	640.15
Upside Target	664.30
Upside Target	672.10
Upside Target	676.00
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	615.6
Downside Intraday Target	602.15
Upside Intraday Target	653.4
Upside Intraday Target	677.75
Upside Intraday Target	639.95

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	629.05	654.00	664.30	626.50	1.169 times
14 Fri Jun 2024	648.30	670.00	672.10	640.15	0.765 times
07 Fri Jun 2024	664.45	675.00	676.00	605.00	0.619 times
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

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
21 Fri Jun 2024	629.05	675.00	676.00	605.00	0.44 times
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

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 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 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 647.27 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.