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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 2025-02-14 View latest technical analysis

10 day averaged volume of Sonam is 570966

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	45.71	47.70	49.29	45.00	0.349 times
13 Thu Feb 2025	47.68	48.40	50.04	47.30	0.233 times
12 Wed Feb 2025	48.75	49.80	51.29	47.15	0.232 times
11 Tue Feb 2025	50.54	52.00	52.99	48.71	0.297 times
10 Mon Feb 2025	51.95	52.60	53.89	51.10	0.278 times
07 Fri Feb 2025	52.50	55.50	56.90	51.75	0.645 times
06 Thu Feb 2025	56.26	58.15	58.15	54.41	0.28 times
05 Wed Feb 2025	56.68	60.00	60.84	55.80	0.774 times
04 Tue Feb 2025	57.48	50.80	60.00	50.40	3.085 times
03 Mon Feb 2025	50.16	59.98	68.00	48.90	2.207 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48, but if it comes above 48, then a intra day buy could be more profitable.
If you take a sell trade below 48, then use 48 as stoploss and 38.5 as target. However if you take a buy trade in stock , then use 48 as stoploss and 55.84 as target.

Share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Target	34.00
Downside Target	35.20
Downside Target	42.00
Downside Target	45.00
Upside Target	46.00
Upside Target	48.90
Upside Target	50.51
Upside Target	53.82
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	42.51
Downside Intraday Target	39.31
Upside Intraday Target	51.4
Upside Intraday Target	57.09
Upside Intraday Target	48.2

Weekly technical analysis of Sonam (SONAMLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	45.71	52.60	53.89	45.00	0.199 times
07 Fri Feb 2025	52.50	59.98	68.00	48.90	0.606 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

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
14 Fri Feb 2025	45.71	59.98	68.00	45.00	0.499 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 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 Sonam ( (SONAMLTD) ) 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 Sonam ( (SONAMLTD) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sonam stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sonam in short term and the sell signal is strong.

Sonam 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sonam 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 53.62 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 has given negative 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.