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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 2024-04-12 View latest technical analysis

10 day averaged volume of Sonata Software is 778141

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	727.25	739.95	745.45	723.20	0.483 times
10 Wed Apr 2024	737.75	757.05	760.10	728.25	1.535 times
09 Tue Apr 2024	758.55	768.00	769.70	749.25	0.822 times
08 Mon Apr 2024	760.45	748.90	763.00	744.65	1.856 times
05 Fri Apr 2024	742.05	747.60	753.60	738.05	1.171 times
04 Thu Apr 2024	749.70	750.15	753.90	738.25	0.756 times
03 Wed Apr 2024	746.05	735.00	748.55	726.20	0.864 times
02 Tue Apr 2024	730.05	717.10	736.00	713.60	0.737 times
01 Mon Apr 2024	716.15	722.00	729.50	711.50	1.438 times
28 Thu Mar 2024	722.35	750.00	750.10	720.00	0.57 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 728.3, but if it comes above 728.3, then a intra day buy could be more profitable.
If you take a sell trade below 728.3, then use 728.3 as stoploss and 714.4 as target. However if you take a buy trade in stock , then use 728.3 as stoploss and 739.84 as target.

Share price targets for Sonata Software (SONATSOFTW)

Target Type	Value
Downside Target	694.55
Upside Target	752.00
Upside Target	753.90
Upside Target	763.00
Upside Target	769.70
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	710.4
Downside Intraday Target	693.55
Upside Intraday Target	756.9
Upside Intraday Target	786.55
Upside Intraday Target	740.05

Weekly technical analysis of Sonata Software (SONATSOFTW)

Date	Weekly Closing Price	Open	High	Low	Volume
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
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 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 Sonata Software (SONATSOFTW)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	727.25	722.00	769.70	711.50	0.748 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 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 Sonata Software ( (SONATSOFTW) ) 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 Sonata Software ( (SONATSOFTW) ) based on a short to mid 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 Sonata Software ( (SONATSOFTW) ) based on a mid to longer 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

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

MACD generated a BUY signal for Sonata Software in short term but the buy signal is initial and weak.

Sonata Software 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 Sonata Software in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY 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 740.67 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.