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Technicals for Sonata Software Limited
By MusingTheNews
2025-09-04 20:42
Overall Technical outlook
Price Summary
On 2025-09-04, SONATSOFTW's stock began at 362.0, peaked at 369.0, dipped to 358.65, and closed up -0.57% at 359.95, with a volume of 894236 shares. The stock's peak price over the last 52 weeks is 689.3, with the lowest being 301.1. As per recommendations from 7 analysts, SONATSOFTW's future price is expected to span between 400.0 and 475.0, with a mean price around 449.85715.
Technicals
Support and Resistance: The price of 359.95 is supported at 346.7 and faces resistance at 367.45. This range suggests key levels for SONATSOFTW where the price may stabilize, with 346.7 acting as a support and 367.45 as a cap on gains. Support/Resistance for SONATSOFTW
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Sonata Software Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Sonata Software Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for SONATSOFTW. Parabolic Stop and Reverse chart for Sonata Software Limited
Stochastic: As the Stochastic K-line falls below the D-line and stays under 20, it signals a mildly bearish trend. This positioning hints at potential weakness in the market, though the bearish sentiment is mild. Investors should monitor this trend closely for any further signs of a downturn. Stochastic chart for Sonata Software Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for Sonata Software Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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