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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)

10 day averaged volume of Sonam is 112912

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri May 2025	41.27	38.16	42.44	38.16	0.899 times
08 Thu May 2025	40.49	40.76	42.00	39.46	1.002 times
07 Wed May 2025	39.17	38.70	39.98	37.00	0.758 times
06 Tue May 2025	38.27	40.78	40.78	38.00	0.681 times
05 Mon May 2025	39.84	41.80	41.80	39.65	0.666 times
02 Fri May 2025	40.59	39.25	42.00	38.23	1.737 times
30 Wed Apr 2025	39.02	40.42	40.75	38.20	0.61 times
29 Tue Apr 2025	40.71	41.27	41.56	40.50	0.607 times
28 Mon Apr 2025	40.71	40.81	42.04	40.05	0.788 times
25 Fri Apr 2025	41.38	41.75	42.59	40.11	1.147 times

My analysis of stock is bearish for shortterm, and stock might move down till 39.9 or till 37.6. Use a stoploss of 41.83 and if the stock hits stoploss, then it can shoot up till 43.76

Share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Target	37.00
Downside Target	38.20
Downside Target	39.97
Downside Target	40.99
Upside Target	42.04
Upside Target	44.84
Upside Target	44.95
Upside Target	46.48
Upside Target	48.69
Upside Target	49.00
Upside Target	49.50
Upside Target	68.00
Upside Target	80.95

Intraday share price targets for Sonam (SONAMLTD)

Target Type	Value
Downside Intraday Target	38.03
Downside Intraday Target	34.8
Upside Intraday Target	43.47
Upside Intraday Target	45.68
Downside Intraday Target	40.24

Weekly technical analysis of Sonam (SONAMLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri May 2025	41.27	41.80	42.44	37.00	1.071 times
02 Fri May 2025	40.59	40.81	42.04	38.20	0.557 times
25 Fri Apr 2025	41.38	43.93	46.48	40.11	3.506 times
17 Thu Apr 2025	43.88	43.35	44.84	43.00	1.038 times
11 Fri Apr 2025	43.04	42.45	44.95	40.99	0.277 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 Sonam (SONAMLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri May 2025	41.27	39.25	42.44	37.00	0.3 times
30 Wed Apr 2025	39.02	41.48	48.69	38.20	0.532 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Sonam ( (SONAMLTD) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 SELL. Signal strength is Strong 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. Bulls are getting stronger in this stock.

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 SELL signal for Sonam in short term but SELL signal is weak.

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 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 40.31 and Sonam (SONAMLTD) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.