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(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.

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Sonata Software is 599071

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	730.05	717.10	736.00	713.60	0.957 times
01 Mon Apr 2024	716.15	722.00	729.50	711.50	1.868 times
28 Thu Mar 2024	722.35	750.00	750.10	720.00	0.74 times
27 Wed Mar 2024	743.20	751.50	752.00	736.30	0.327 times
26 Tue Mar 2024	747.60	738.00	750.40	729.10	0.56 times
22 Fri Mar 2024	742.55	742.00	755.15	731.05	1.591 times
21 Thu Mar 2024	749.05	730.00	763.00	722.00	1.292 times
20 Wed Mar 2024	728.65	753.10	756.00	725.00	1.667 times
19 Tue Mar 2024	750.10	750.40	753.90	733.65	0.486 times
18 Mon Mar 2024	745.45	731.50	749.10	723.35	0.587 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 724.5 as stoploss in an intra day buy trade for a target of 758.39. However, stock will show a bearish move below 724.5.

Share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Target	694.55
Upside Target	752.00
Upside Target	763.00
Upside Target	774.95
Upside Target	779.50
Upside Target	793.45
Upside Target	834.80
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	715.7
Downside Intraday Target	701.35
Upside Intraday Target	740.2
Upside Intraday Target	750.35
Downside Intraday Target	725.85

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	730.05	722.00	736.00	711.50	1.737 times
28 Thu Mar 2024	722.35	738.00	752.00	720.00	0.289 times
22 Fri Mar 2024	742.55	731.50	763.00	722.00	1.023 times
15 Fri Mar 2024	731.50	793.00	793.45	704.05	1.641 times
07 Thu Mar 2024	789.05	822.60	834.80	774.95	0.783 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sonata Software (SONATSOFTW)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	730.05	722.00	736.00	711.50	0.168 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 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 Sonata Software (SONATSOFTW)

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.

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

Sonata Software 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 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 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 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 734.35 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.