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(SONAMLTD) Sonam complete technical analysis [charts+indicators] | Buy/Sell Sonam | (SONAMLTD) share price targets

Complete technical analysis of Sonam (SONAMLTD) by charts plus indicators, forecast predictions and share price targets for Sonam (SONAMLTD)

Showing technical analysis as on 2025-02-04 View latest technical analysis

10 day averaged volume of Sonam is 873120

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	57.48	50.80	60.00	50.40	2.017 times
03 Mon Feb 2025	50.16	59.98	68.00	48.90	1.443 times
26 Thu Sep 2024	76.50	76.00	80.95	75.81	1.289 times
25 Wed Sep 2024	74.16	66.90	76.99	65.50	2.135 times
24 Tue Sep 2024	67.72	58.00	68.34	57.54	3.858 times
23 Mon Sep 2024	56.95	54.35	57.60	53.82	0.264 times
20 Fri Sep 2024	54.21	50.51	55.51	50.51	0.159 times
19 Thu Sep 2024	52.64	55.84	57.00	52.10	0.145 times
18 Wed Sep 2024	54.33	52.35	56.00	52.01	0.229 times
17 Tue Sep 2024	52.83	54.20	54.20	51.50	0.192 times

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

My analysis of stock is bullish for shortterm, and stock might move up till 63.6 or till 72.5. Use a stoploss of 56.19 and if this stock hits its stoploss, then it can fall down till 48.79

Share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Target	34.00
Downside Target	35.20
Downside Target	42.00
Downside Target	46.00
Downside Target	48.90
Downside Target	50.51
Downside Target	53.82
Downside Target	56.20
Upside Target	57.80
Upside Target	59.80
Upside Target	68.00
Upside Target	80.95

Intraday share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Intraday Target	48.25
Downside Intraday Target	39.03
Upside Intraday Target	67.35
Upside Intraday Target	77.23
Upside Intraday Target	58.13

Weekly technical analysis of Sonam (SONAMLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	57.48	59.98	68.00	48.90	0.459 times
26 Thu Sep 2024	76.50	54.35	80.95	53.82	7.461 times
20 Fri Sep 2024	54.21	56.57	57.80	50.51	0.481 times
13 Fri Sep 2024	56.25	51.81	59.80	49.00	6.721 times
06 Fri Sep 2024	51.81	54.01	56.20	50.54	0.539 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 Sonam (SONAMLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	57.48	59.98	68.00	48.90	0.315 times
26 Thu Sep 2024	76.50	54.01	80.95	49.00	2.427 times
30 Fri Aug 2024	53.87	57.55	58.78	46.00	0.729 times
31 Wed Jul 2024	55.95	38.45	59.40	35.20	8.335 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 Sonam (SONAMLTD)

Price action analysis of Sonam ( (SONAMLTD) ) 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 Sonam ( (SONAMLTD) ) 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 Sonam ( (SONAMLTD) ) 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 Sonam ( (SONAMLTD) ) 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 Sonam stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Sonam 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. 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 moving up

CCI has generated a buy signal for Sonam in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sonam is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.82 and Sonam (SONAMLTD) 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 Sonam (SONAMLTD) stock. Volume based technical analysis of Sonam (SONAMLTD) stock is negative.

Sonam 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.