Meyka Pro banner
Sonata Software Limited

SONATSOFTW.NS Technical Analysis Summary (NSE)

Analyze SONATSOFTW.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SONATSOFTW.NSNSE
TechnologyInformation Technology Services
322.45
5.00(1.58%)
Indian Market opens in 58h 28m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SONATSOFTW.NS Technical Analysis Summary (NSE)

Sonata Software Limited (NSE: SONATSOFTW.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.13)
Trend Strength:Strong (ADX: 32.77)
Volatility:Medium (ATR: 14.51)
Support/Resistance:$268.13 – $323.04 (Bollinger Bands)

Technical conditions suggest Sonata Software Limited on the NSE is awaiting a decisive move. This mix signals that Sonata Software Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 58.13

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 59.59

Neutral
Mid-range signal with no clear trend.

Williams %R: -42.04

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 8.25

Strongly Bullish
Strong upside momentum.

Takeaway:Sonata Software Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 6.31

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.77

Strong
Strong trend, momentum well established.

ATR (14): 14.51

Rising
Rising volatility, market activity increasing.

CCI (14): 104.64

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Sonata Software Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$323.04
Middle Band (SMA 20)
$295.59
Lower Band
$268.13
Current Position
Within Bands

Takeaway:Sonata Software Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$325.40
Middle Line (EMA 20)
$296.37
Lower Channel
$267.34
Squeeze Status
Squeeze On

Takeaway:Sonata Software Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume127.12M
Money Flow Index91.68Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index49.71Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SONATSOFTW.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Sonata Software Limited (NSE: SONATSOFTW.NS), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Sonata Software Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NSE: SONATSOFTW.NS) Technical Analysis FAQ