Is Sonata Software technically bullish or bearish?
As of August 18, 2025, Sonata Software's trend has shifted to a bearish stance with weak strength, driven by bearish signals from MACD, Bollinger Bands, and daily moving averages, despite some conflicting bullish signals from KST.
As of 18 August 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with weak strength. Key indicators driving this include bearish signals from the MACD on both weekly and monthly time frames, bearish readings from Bollinger Bands, and a bearish moving average on the daily chart. The KST shows a conflicting bullish signal on the weekly but remains bearish monthly, while the Dow Theory indicates a mildly bearish stance on the monthly. Overall, the lack of strong bullish signals and the prevailing bearish indicators suggest a negative outlook for Sonata Software.
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