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Technicals for Sonata Software Limited
By MusingTheNews
2025-05-30 20:56
Overall Technical outlook
Price Summary
On 2025-05-30, Sonata Software Limited's stock opened at 405.6, peaked at 411.0, hit a low of 402.7, and closed 0.85% up at 409.05, with 1476439 shares changing hands. The stock reached its highest price of 753.0 and lowest price of 301.1 over the last 52 weeks. The future price of SONATSOFTW is anticipated to range from 330.0 to 760.0, with an expected mean price of 602.0, according to the recommendations of 7 analysts.
Technicals
Support and Resistance: The current price sits at 409.05, supported at 390.75 and capped by resistance at 421.7. These levels define a range for SONATSOFTW where the price might stabilize, with 390.75 as a floor and 421.7 as a ceiling. Support/Resistance for SONATSOFTW
Aroon: The AROON 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. Aroon chart for Sonata Software Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for SONATSOFTW, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Sonata Software Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for Sonata Software Limited
Stochastic: The current reading of the STOCHASTIC 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. Stochastic chart for Sonata Software Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Sonata Software Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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