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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 2025-04-11 View latest technical analysis

10 day averaged volume of Sonam is 208198

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Apr 2025	43.04	44.05	44.64	42.77	0.142 times
09 Wed Apr 2025	43.71	42.53	44.95	42.50	0.275 times
08 Tue Apr 2025	43.26	42.50	43.82	42.50	0.208 times
07 Mon Apr 2025	42.52	42.45	43.69	40.99	0.377 times
04 Fri Apr 2025	46.29	44.39	48.69	42.32	1.407 times
03 Thu Apr 2025	44.39	44.45	45.45	43.92	0.713 times
02 Wed Apr 2025	43.78	42.30	45.50	41.22	1.145 times
01 Tue Apr 2025	42.31	41.48	43.20	40.10	0.356 times
28 Fri Mar 2025	40.79	43.49	43.58	40.00	1.775 times
27 Thu Mar 2025	41.14	43.48	43.48	40.85	1.135 times

My analysis of stock is bearish for shortterm, and stock might move down till 42 or till 40.4. Use a stoploss of 43.39 and if the stock hits stoploss, then it can shoot up till 44.74

Share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Target	39.97
Downside Target	40.99
Downside Target	42.49
Upside Target	44.95
Upside Target	47.50
Upside Target	48.69
Upside Target	49.00
Upside Target	49.50
Upside Target	58.78
Upside Target	68.00
Upside Target	80.95

Intraday share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Intraday Target	41.04
Downside Intraday Target	39.03
Upside Intraday Target	45
Upside Intraday Target	46.95
Downside Intraday Target	42.99

Weekly technical analysis of Sonam (SONAMLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Apr 2025	43.04	42.45	44.95	40.99	0.277 times
04 Fri Apr 2025	46.29	41.48	48.69	40.10	0.382 times
28 Fri Mar 2025	40.79	44.95	45.43	40.00	1.672 times
21 Fri Mar 2025	43.95	44.60	47.50	39.97	3.176 times
13 Thu Mar 2025	43.77	49.00	49.00	42.65	0.685 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
11 Fri Apr 2025	43.04	41.48	48.69	40.10	0.237 times
28 Fri Mar 2025	40.79	44.00	49.50	39.97	0.685 times
28 Fri Feb 2025	44.48	59.98	68.00	42.49	0.619 times
26 Thu Sep 2024	76.50	54.01	80.95	49.00	2.427 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 Sonam (SONAMLTD)

Price action analysis of Sonam ( (SONAMLTD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Sonam ( (SONAMLTD) ) 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 Sonam stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls 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 Sonam in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 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 43.04 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.