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Sovereign Diamonds Limited

SOVERDIA.BO•BSE
Consumer Cyclical
Personal Products & Services
₹19.98
₹-0.02(-0.10%)
Indian Market opens in 12h 16m

Sovereign Diamonds Limited (SOVERDIA.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Sovereign Diamonds Limited (BSE:SOVERDIA.BO).

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

SOVERDIA.BO Technical Analysis Summary

Sovereign Diamonds Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.29)
Trend Strength:Very Strong (ADX: 42.31)
Volatility:Medium (ATR: 0.66)
Support/Resistance:$18.24 – $21.84 (Bollinger Bands)

Overall, Sovereign Diamonds Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 40.29

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 69.38

Bullish
Buying momentum building without extremes.

Williams %R: -22.71

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -2.06

Bearish
Selling pressure outweighs buying.

Takeaway:Sovereign Diamonds Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 42.31

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.66

Low
Low volatility, stable price action.

CCI (14): 125.55

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Sovereign Diamonds Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$21.84
Middle Band (SMA 20)
$20.04
Lower Band
$18.24
Current Position
Within Bands

Takeaway:Sovereign Diamonds Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$21.66
Middle Line (EMA 20)
$20.35
Lower Channel
$19.03
Squeeze Status
No Squeeze

Takeaway:Sovereign Diamonds Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-51.42K
Money Flow Index35.50Bearish, selling pressure outweighs inflows.
Relative Vigor Index36.06Bearish, price momentum favors sellers.

Overall Takeaway:SOVERDIA.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Sovereign Diamonds Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Sovereign Diamonds Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ