Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SONATSOFTW) Sonata Software complete technical analysis [charts+indicators] | Buy/Sell Sonata Software | (SONATSOFTW) share price targets

Complete technical analysis of Sonata Software (SONATSOFTW) by charts plus indicators, forecast predictions and share price targets for Sonata Software (SONATSOFTW)

Sonata Software trades in NSE in IT Consulting & Software sector.

10 day averaged volume of Sonata Software is 629301

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	672.60	675.00	683.25	665.55	0.518 times
24 Wed Apr 2024	671.70	667.00	675.00	662.95	0.346 times
23 Tue Apr 2024	660.70	671.00	675.65	658.55	0.503 times
22 Mon Apr 2024	669.05	675.00	679.55	664.70	0.525 times
19 Fri Apr 2024	672.05	675.00	676.00	656.55	2.139 times
18 Thu Apr 2024	681.60	692.00	703.50	677.05	1.276 times
16 Tue Apr 2024	700.00	709.90	710.05	698.00	0.967 times
15 Mon Apr 2024	713.75	721.00	723.20	702.25	0.733 times
12 Fri Apr 2024	727.25	739.95	745.45	723.20	0.597 times
10 Wed Apr 2024	737.75	757.05	760.10	728.25	1.898 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 683.3, but if it comes above 683.3, then a intra day buy could be more profitable.
If you take a sell trade below 683.3, then use 683.3 as stoploss and 643.9 as target. However if you take a buy trade in stock , then use 683.3 as stoploss and 716.13 as target.

Share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Target	656.55
Upside Target	683.25
Upside Target	723.20
Upside Target	752.00
Upside Target	753.90
Upside Target	769.70
Upside Target	779.50
Upside Target	840.00
Upside Target	870.00
Upside Target	1485.00

Intraday share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Intraday Target	659.68
Downside Intraday Target	646.77
Upside Intraday Target	684.38
Upside Intraday Target	696.17
Downside Intraday Target	671.47

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	672.60	675.00	683.25	658.55	0.37 times
19 Fri Apr 2024	672.05	721.00	723.20	656.55	0.881 times
12 Fri Apr 2024	727.25	748.90	769.70	723.20	0.946 times
05 Fri Apr 2024	742.05	722.00	753.90	711.50	3.965 times
28 Thu Mar 2024	722.35	738.00	752.00	720.00	0.289 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 Sonata Software (SONATSOFTW)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	672.60	722.00	769.70	656.55	1.187 times
28 Thu Mar 2024	722.35	815.00	840.00	704.05	0.786 times
29 Thu Feb 2024	810.95	769.90	870.00	710.50	0.903 times
31 Wed Jan 2024	768.00	736.00	779.50	694.55	0.717 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 Sonata Software (SONATSOFTW)

Price action analysis of Sonata Software ( (SONATSOFTW) ) 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 Sonata Software ( (SONATSOFTW) ) 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 Sonata Software ( (SONATSOFTW) ) 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 Sonata Software ( (SONATSOFTW) ) 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 Sonata Software stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Sonata Software Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

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

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 Sonata Software is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 695.24 and Sonata Software (SONATSOFTW) 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 Sonata Software (SONATSOFTW) stock. Volume based technical analysis of Sonata Software (SONATSOFTW) stock is negative.

Sonata Software 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.