(SONAMAC_SM) Sona Machinery complete technical analysis [charts+indicators] | Buy/Sell Sona Machinery | (SONAMAC_SM) share price targets
Complete technical analysis of Sona Machinery (SONAMAC_SM) by charts plus indicators, forecast predictions and share price targets for Sona Machinery (SONAMAC_SM)
10 day averaged volume of Sona Machinery is 169200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 158.25 | 157.10 | 161.50 | 156.00 | 0.219 times |
| 16 Thu May 2024 | 155.50 | 158.20 | 158.50 | 152.00 | 0.325 times |
| 15 Wed May 2024 | 159.00 | 164.00 | 166.50 | 157.00 | 0.319 times |
| 14 Tue May 2024 | 162.95 | 164.50 | 169.60 | 160.00 | 0.431 times |
| 13 Mon May 2024 | 163.40 | 172.95 | 177.95 | 158.55 | 0.786 times |
My analysis of stock is bullish for shortterm, and stock might move up till 165 or till 181.1. Use a stoploss of 151.57 and if this stock hits its stoploss, then it can fall down till 138.13
Share price targets for Sona Machinery (SONAMAC_SM)
| Target Type | Value |
| Downside Target | 123.00 |
| Downside Target | 131.95 |
| Downside Target | 146.00 |
| Downside Target | 148.50 |
| Downside Target | 152.00 |
| Upside Target | 163.95 |
| Upside Target | 177.95 |
| Upside Target | 183.65 |
Intraday share price targets for Sona Machinery (SONAMAC_SM)
| Target Type | Value |
| Downside Intraday Target | 147.52 |
| Downside Intraday Target | 136.78 |
| Upside Intraday Target | 173.47 |
| Upside Intraday Target | 188.68 |
| Upside Intraday Target | 162.73 |
Weekly technical analysis of Sona Machinery (SONAMAC_SM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 158.25 | 172.95 | 177.95 | 152.00 | 0.263 times |
| 10 Fri May 2024 | 166.40 | 174.00 | 183.65 | 147.70 | 1.145 times |
| 03 Fri May 2024 | 163.95 | 142.10 | 163.95 | 134.00 | 2.317 times |
| 26 Fri Apr 2024 | 140.90 | 131.95 | 146.00 | 131.95 | 2.551 times |
| 19 Fri Apr 2024 | 128.70 | 126.65 | 135.00 | 124.25 | 0.912 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 Sona Machinery (SONAMAC_SM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 158.25 | 141.70 | 183.65 | 134.00 | 1.592 times |
| 30 Tue Apr 2024 | 140.80 | 128.45 | 148.50 | 123.00 | 33.02 times |
| 28 Thu Mar 2024 | 127.10 | 126.75 | 133.00 | 126.05 | 0 times |
| 01 Thu Jan 1970 | 0 times |
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sona Machinery (SONAMAC_SM)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 26, 16, 24 | Buy |
| MACD | 39, 6 | Buy |
| Stochastics | 34 | None |
| CCI | -73 | Buy |
| RSI | 65 | Buy |
| OBV | 1195000 | Sell |
| VWAP | 168 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Sona Machinery ( (SONAMAC_SM) ) 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 Sona Machinery ( (SONAMAC_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sona Machinery ( (SONAMAC_SM) ) 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 Sona Machinery ( (SONAMAC_SM) ) based on a mid to longer term time period is
ADX buy sell signal for Sona Machinery stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sona Machinery in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sona Machinery 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. Bears 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 Sona Machinery in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sona Machinery is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 168.02 and Sona Machinery (SONAMAC_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Sona Machinery (SONAMAC_SM) stock. Volume based technical analysis of Sona Machinery (SONAMAC_SM) stock is negative.
Sona Machinery Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Sona Machinery charts
Click here for further forecast and predictions for tomorrow
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
NSE Stock Exchange NSE stock market news stock intraday tips
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © MoneySIP.com2024 All Rights reserved.