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Stock analysis Sonata Software Limited SONATSOFTW

More indepth analysis on MunafaSutra.com

Moving Averages for Sonata Software Limited

  • 5Day Average: 563.65
  • 12Day Average: 592.46
  • 20Day Average: 595.01
  • 50Day Average: 616.98
  • 100Day Average: 636.01
  • 150Day Average: 616.7
  • 200Day Average: 655.96

SONATSOFTW Indicators & signals

Indicator MACD (12,26,9)

581.68, 595.96, -8.37
Indicator MACD is in negative zone

Indicator ADX (14)

37.29, 13.42, 29.39
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SONATSOFTW Sonata Software Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 547.00 544.05 to 565.00 -1.1% 0.79 times
18 Mon Nov 2024 553.10 549.20 to 567.95 -1.07% 0.74 times
14 Thu Nov 2024 559.10 553.50 to 575.40 -2.59% 1.93 times
13 Wed Nov 2024 573.95 569.00 to 588.65 -1.91% 0.66 times
12 Tue Nov 2024 585.10 581.00 to 602.45 -0.81% 1.77 times
11 Mon Nov 2024 589.85 585.00 to 619.85 -4.84% 1.44 times
08 Fri Nov 2024 619.85 610.50 to 626.00 -0.58% 0.58 times
07 Thu Nov 2024 623.45 618.35 to 645.00 -1.31% 1.25 times
06 Wed Nov 2024 631.75 604.10 to 637.70 5.13% 1.02 times
05 Tue Nov 2024 600.90 597.85 to 613.15 -1.48% 0.28 times
04 Mon Nov 2024 609.95 598.55 to 614.80 -0.9% 0.34 times
01 Fri Nov 2024 615.50 612.00 to 624.00 0.57% 0.05 times

Technical analysis forecast for Sonata Software Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Sonata Software Limited SONATSOFTW at this time. Stock is falling and might fall more.

It appears as if Sonata Software Limited SONATSOFTW gave a large move recently.

Stock of Sonata Software Limited (SONATSOFTW) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Sonata Software Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 541.2, for a target of 568.4 or 591.05

More indepth analysis on MunafaSutra.com