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Technicals for Sonata Software Limited
By MusingTheNews
2025-07-16 20:54
Overall Technical outlook
Price Summary
Sonata Software Limited's stock began trading at 432.9 on 2025-07-15, soared to 438.3, dipped to 432.4, and finished the day 0.69% higher at 435.9, with 768529 shares exchanged. Throughout the 52-week period, the stock hit a high of 753.0 and a low of 301.1. Analysts' predictions indicate that SONATSOFTW's future price will be between 390.0 and 672.0, with a mean price expectation of approximately 483.33334.
Technicals
Support and Resistance: The current price sits at 435.9, supported at 421.7 and capped by resistance at 511.25. These levels define a range for SONATSOFTW where the price might stabilize, with 421.7 as a floor and 511.25 as a ceiling. Support/Resistance for SONATSOFTW
Aroon: The current reading of the AROON is neutral for SONATSOFTW, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Sonata Software Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for SONATSOFTW, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Sonata Software Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for SONATSOFTW. Parabolic Stop and Reverse chart for Sonata Software Limited
Stochastic: The current state of the STOCHASTIC is neutral for SONATSOFTW, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Sonata Software Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for SONATSOFTW, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Sonata Software Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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