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(SONAMAC_SM) Sona Machinery complete technical analysis [charts+indicators] | Buy/Sell Sona Machinery | (SONAMAC_SM) share price targets

Complete technical analysis of Sona Machinery (SONAMAC_SM) by charts plus indicators, forecast predictions and share price targets for Sona Machinery (SONAMAC_SM)

Showing technical analysis as on 2024-11-11 View latest technical analysis

10 day averaged volume of Sona Machinery is 29000

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	151.90	150.55	156.90	150.10	1.069 times
08 Fri Nov 2024	154.85	157.75	158.95	154.00	0.724 times
07 Thu Nov 2024	156.35	164.50	167.00	155.05	1 times
06 Wed Nov 2024	164.20	164.50	164.50	158.00	0.448 times
05 Tue Nov 2024	154.75	155.00	157.00	152.00	0.621 times
04 Mon Nov 2024	155.25	156.00	156.00	148.30	0.862 times
01 Fri Nov 2024	155.35	154.45	156.60	154.40	0.138 times
31 Thu Oct 2024	154.45	146.90	155.00	146.90	1.034 times
30 Wed Oct 2024	144.90	145.00	152.00	143.00	2.621 times
29 Tue Oct 2024	145.70	150.00	153.95	145.00	0.724 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 148.6 as stoploss in an intra day buy trade for a target of 158.22. However, stock will show a bearish move below 148.6.

Share price targets for Sona Machinery (SONAMAC_SM)

Target Type	Value
Downside Target	138.20
Downside Target	148.30
Upside Target	156.90
Upside Target	161.55
Upside Target	165.10
Upside Target	173.00
Upside Target	176.10
Upside Target	180.00
Upside Target	182.00
Upside Target	185.70
Upside Target	202.10
Upside Target	219.90
Upside Target	249.90

Intraday share price targets for Sona Machinery (SONAMAC_SM)

Target Type	Value
Downside Intraday Target	149.03
Downside Intraday Target	146.17
Upside Intraday Target	155.83
Upside Intraday Target	159.77
Upside Intraday Target	152.97

Weekly technical analysis of Sona Machinery (SONAMAC_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	151.90	150.55	156.90	150.10	0.292 times
08 Fri Nov 2024	154.85	156.00	167.00	148.30	0.576 times
01 Fri Nov 2024	155.35	142.00	157.00	138.20	1.305 times
25 Fri Oct 2024	141.70	171.00	173.00	138.25	2.564 times
18 Fri Oct 2024	171.45	170.00	182.00	165.10	0.47 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 Machinery (SONAMAC_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	151.90	154.45	167.00	148.30	0.256 times
31 Thu Oct 2024	154.45	176.00	185.70	138.20	0.508 times
30 Mon Sep 2024	177.75	185.00	219.90	176.10	1.434 times
30 Fri Aug 2024	184.00	186.85	202.10	161.55	0.434 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 Machinery (SONAMAC_SM)

Price action analysis of Sona Machinery ( (SONAMAC_SM) ) 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 Machinery ( (SONAMAC_SM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sona Machinery ( (SONAMAC_SM) ) 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 Machinery ( (SONAMAC_SM) ) 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 Machinery stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Sona Machinery Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sona Machinery 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

Stock of Sona Machinery is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 151.58 and Sona Machinery (SONAMAC_SM) 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 Machinery (SONAMAC_SM) stock. Volume based technical analysis of Sona Machinery (SONAMAC_SM) stock is negative.

Sona Machinery 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.