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Sovereign Diamonds Limited

SOVERDIA.BO•BSE
Consumer Cyclical
Personal Products & Services
₹22.25
₹-0.02(-0.09%)
Indian Market opens in 9h 23m
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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: 48.36)
Trend Strength:Weak (ADX: 16.02)
Volatility:High (ATR: 1.30)
Support/Resistance:$21.44 – $24.05 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 48.36

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 49.74

Neutral
Mid-range signal with no clear trend.

Williams %R: -53.87

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.18

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: 0.03

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.02

Weak
Weak trend, market trading sideways.

ATR (14): 1.30

Low
Low volatility, stable price action.

CCI (14): -46.21

Bearish
Bearish, momentum remains under pressure.

Takeaway:Sovereign Diamonds Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.05
Middle Band (SMA 20)
$22.74
Lower Band
$21.44
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$25.12
Middle Line (EMA 20)
$22.52
Lower Channel
$19.91
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume18.66K
Money Flow Index28.27Bearish, selling pressure outweighs inflows.
Relative Vigor Index34.04Bearish, 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

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Sovereign Diamonds Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ