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Technicals for Sonata Software Limited
By MusingTheNews
2025-12-15 20:56
Overall Technical outlook
Price Summary
On 2025-12-10, SONATSOFTW's stock opened at 351.7, reached a peak of 355.7, dropped to 346.3, and ended -1.09% lower at 347.85, with a volume of 430843 shares. The stock's highest price over the 52-week span is 674.0, while the lowest price is 301.1. 7 analysts forecast that the price of SONATSOFTW will range from 380.0 to 435.0, with an average expected price near 401.42856.
Technicals
Support and Resistance: The price of 347.85 is supported at 329.75 and capped by resistance at 350.85. These levels mark key points for Sonata Software Limited where the price could find stability, with 329.75 as a floor and 350.85 as a ceiling. Support/Resistance for SONATSOFTW
Aroon: The AROON is showing a neutral stance, with no definitive indication of an upward or downward trend for SONATSOFTW. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Aroon chart for Sonata Software Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Sonata Software Limited
Parabolic SAR: The PSAR continues its bearish trend for Sonata Software Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for Sonata Software Limited
Stochastic: With the Stochastic K-line for Sonata Software Limited dipping below the D-line and under 20, the current market conditions reflect a mildly bearish outlook. This positioning indicates a potential downturn, though the bearish sentiment remains moderate. Traders may want to keep an eye on this trend for additional signals before taking action. Stochastic chart for Sonata Software Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Sonata Software Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Sonata Software Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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