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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 2024-08-23 View latest technical analysis

10 day averaged volume of Sona Blw is 1190807

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	695.35	689.85	700.25	685.30	0.622 times
22 Thu Aug 2024	689.95	684.90	695.45	684.30	0.658 times
21 Wed Aug 2024	681.95	700.00	701.75	680.20	0.823 times
20 Tue Aug 2024	699.60	694.75	702.20	681.60	0.56 times
19 Mon Aug 2024	690.40	693.90	695.60	679.00	0.464 times
16 Fri Aug 2024	686.70	656.70	691.30	656.40	1.616 times
14 Wed Aug 2024	652.35	665.45	667.75	643.75	1.526 times
13 Tue Aug 2024	659.50	665.00	675.20	657.10	0.606 times
12 Mon Aug 2024	665.65	670.10	677.35	660.10	1.037 times
09 Fri Aug 2024	678.80	663.40	689.00	662.25	1.744 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 691.1, but if it comes below 691.1, then a intra day sell could be more profitable.
If you take a sell trade below 691.1, then use 691.1 as stoploss and 675.81 as target. However if you take a buy trade in stock , then use 691.1 as stoploss and 709.5 as target.

Share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Target	565.00
Downside Target	605.00
Downside Target	624.00
Downside Target	641.85
Downside Target	689.00
Downside Target	691.30
Upside Target	702.20
Upside Target	703.00
Upside Target	714.00
Upside Target	718.00
Upside Target	764.50

Intraday share price targets for Sona Blw (SONACOMS)

Target Type	Value
Downside Intraday Target	682.17
Downside Intraday Target	668.98
Upside Intraday Target	705.37
Upside Intraday Target	715.38
Downside Intraday Target	692.18

Weekly technical analysis of Sona Blw (SONACOMS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	695.35	693.90	702.20	679.00	0.654 times
16 Fri Aug 2024	686.70	670.10	691.30	643.75	0.753 times
09 Fri Aug 2024	678.80	671.00	689.00	647.60	1.133 times
02 Fri Aug 2024	689.20	695.85	703.00	663.40	0.915 times
26 Fri Jul 2024	690.25	686.95	718.00	678.00	1.092 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
23 Fri Aug 2024	695.35	679.00	702.20	643.75	0.433 times
31 Wed Jul 2024	679.25	644.75	764.50	641.85	1.941 times
28 Fri Jun 2024	641.00	675.00	676.00	605.00	0.53 times
31 Fri May 2024	651.10	647.00	657.00	565.00	1.119 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 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 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 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 gaining momentum.

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

RSI is generating a BUY signal in short term but buying is losing 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 677.18 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 positive

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