(SONAMLTD_BE) Sonam complete technical analysis [charts+indicators] | Buy/Sell Sonam | (SONAMLTD_BE) share price targets
Complete technical analysis of Sonam (SONAMLTD_BE) by charts plus indicators, forecast predictions and share price targets for Sonam (SONAMLTD_BE)
Showing technical analysis as on 2024-10-07 View latest technical analysis
10 day averaged volume of Sonam is 70600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 70.87 | 77.60 | 77.60 | 70.25 | 1.397 times |
| 04 Fri Oct 2024 | 73.95 | 76.30 | 77.00 | 73.08 | 1.215 times |
| 03 Thu Oct 2024 | 76.93 | 79.00 | 79.00 | 73.80 | 1.173 times |
| 01 Tue Oct 2024 | 77.62 | 75.95 | 78.80 | 75.75 | 1.567 times |
| 30 Mon Sep 2024 | 75.95 | 75.79 | 77.90 | 74.20 | 1.567 times |
| 27 Fri Sep 2024 | 75.79 | 76.50 | 76.50 | 73.00 | 2.778 times |
| 25 Thu Jan 2024 | 73.20 | 69.30 | 74.50 | 69.30 | 0.941 times |
| 24 Wed Jan 2024 | 71.05 | 70.20 | 71.85 | 70.00 | 0.311 times |
| 23 Tue Jan 2024 | 70.00 | 69.80 | 72.40 | 69.80 | 0.255 times |
| 22 Mon Jan 2024 | 70.00 | 70.00 | 71.10 | 69.50 | 0.055 times |
My analysis of stock is bearish for shortterm, and stock might move down till 68.7 or till 65.1. Use a stoploss of 71.62 and if the stock hits stoploss, then it can shoot up till 74.59
Share price targets for Sonam (SONAMLTD_BE)
| Target Type | Value |
| Downside Target | 66.50 |
| Downside Target | 69.30 |
| Upside Target | 73.00 |
| Upside Target | 76.50 |
| Upside Target | 76.90 |
| Upside Target | 77.60 |
| Upside Target | 77.90 |
| Upside Target | 79.00 |
| Upside Target | 82.40 |
| Upside Target | 86.30 |
Intraday share price targets for Sonam (SONAMLTD_BE)
| Target Type | Value |
| Downside Intraday Target | 68.21 |
| Downside Intraday Target | 65.56 |
| Upside Intraday Target | 75.56 |
| Upside Intraday Target | 80.26 |
| Upside Intraday Target | 72.91 |
Weekly technical analysis of Sonam (SONAMLTD_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 70.87 | 77.60 | 77.60 | 70.25 | 0.253 times |
| 04 Fri Oct 2024 | 73.95 | 75.79 | 79.00 | 73.08 | 1.272 times |
| 27 Fri Sep 2024 | 75.79 | 70.00 | 76.50 | 69.30 | 8.765 times |
| 19 Fri Jan 2024 | 70.00 | 71.00 | 71.40 | 66.50 | 0.761 times |
| 12 Fri Jan 2024 | 68.00 | 72.85 | 74.00 | 67.00 | 1.737 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_BE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 70.87 | 75.95 | 79.00 | 70.25 | 1.232 times |
| 30 Mon Sep 2024 | 75.95 | 76.50 | 77.90 | 73.00 | 1.409 times |
| 25 Thu Jan 2024 | 73.20 | 72.00 | 74.85 | 66.50 | 0.666 times |
| 29 Fri Dec 2023 | 71.00 | 78.00 | 82.40 | 70.25 | 3.6 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_BE)
Price action analysis of Sonam ( (SONAMLTD_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sonam ( (SONAMLTD_BE) ) 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_BE) ) 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_BE) ) 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Sonam in short term but the buy signal is initial and weak.
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 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 Sonam in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 74.87 and Sonam (SONAMLTD_BE) 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_BE) stock. Volume based technical analysis of Sonam (SONAMLTD_BE) stock is negative.
Sonam 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.
Price action analysis of Sonam ( (SONAMLTD_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sonam ( (SONAMLTD_BE) ) 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_BE) ) 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_BE) ) 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Sonam in short term but the buy signal is initial and weak.
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 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 Sonam in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 74.87 and Sonam (SONAMLTD_BE) 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_BE) stock. Volume based technical analysis of Sonam (SONAMLTD_BE) stock is negative.
Sonam 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.
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Daily charts
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