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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 2024-04-08 View latest technical analysis

10 day averaged volume of Sonata Software is 656583

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	760.45	748.90	763.00	744.65	2.2 times
05 Fri Apr 2024	742.05	747.60	753.60	738.05	1.388 times
04 Thu Apr 2024	749.70	750.15	753.90	738.25	0.895 times
03 Wed Apr 2024	746.05	735.00	748.55	726.20	1.024 times
02 Tue Apr 2024	730.05	717.10	736.00	713.60	0.873 times
01 Mon Apr 2024	716.15	722.00	729.50	711.50	1.705 times
28 Thu Mar 2024	722.35	750.00	750.10	720.00	0.675 times
27 Wed Mar 2024	743.20	751.50	752.00	736.30	0.298 times
26 Tue Mar 2024	747.60	738.00	750.40	729.10	0.511 times
22 Fri Mar 2024	742.55	742.00	755.15	731.05	1.452 times

Stock of Sonata Software (SONATSOFTW) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 762.5 as stoploss in an intra day sell trade for a target of 744.97. However, stock will show a bullish move above 762.5.

Share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Target	694.55
Downside Target	744.65
Downside Target	753.90
Upside Target	763.00
Upside Target	779.50
Upside Target	793.45
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	749.07
Downside Intraday Target	737.68
Upside Intraday Target	767.42
Upside Intraday Target	774.38
Downside Intraday Target	756.03

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	760.45	748.90	763.00	744.65	0.374 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
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

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
08 Mon Apr 2024	760.45	722.00	763.00	711.50	0.528 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 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 Sonata Software ( (SONATSOFTW) ) 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 Sonata Software ( (SONATSOFTW) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sonata Software stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sonata Software 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.

Sonata Software Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 buy signal for Sonata Software in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sonata Software is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 740.91 and Sonata Software (SONATSOFTW) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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.