Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SomaTextile) Soma Textile complete technical analysis [charts+indicators] | Buy/Sell Soma Textile | (SomaTextile) share price targets

Complete technical analysis of Soma Textile (SomaTextile) by charts plus indicators, forecast predictions and share price targets for Soma Textile (SomaTextile)

Showing technical analysis as on 2024-10-09 View latest technical analysis

10 day averaged volume of Soma Textile is 68588

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	38.70	39.00	39.43	38.38	0.022 times
08 Tue Oct 2024	39.14	37.57	39.49	37.57	0.244 times
07 Mon Oct 2024	37.93	39.68	39.68	35.20	0.131 times
03 Thu Oct 2024	38.13	38.35	39.00	36.36	0.577 times
01 Tue Oct 2024	39.23	43.48	43.48	39.23	2.022 times
30 Mon Sep 2024	43.58	40.66	43.73	40.66	5.264 times
27 Fri Sep 2024	39.76	36.00	39.76	34.71	1.295 times
26 Thu Sep 2024	36.15	36.76	36.78	36.00	0.035 times
25 Wed Sep 2024	36.00	38.00	38.00	35.95	0.046 times
24 Tue Sep 2024	36.81	37.00	37.50	36.20	0.094 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 39.3 as stoploss in an intra day sell trade for a target of 37.41. However, stock will show a bullish move above 39.3.

Share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Target	32.65
Downside Target	34.25
Downside Target	36.30
Downside Target	37.54
Upside Target	38.83
Upside Target	39.00
Upside Target	39.68
Upside Target	39.76
Upside Target	43.48
Upside Target	43.73

Intraday share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Intraday Target	36.04
Downside Intraday Target	33.38
Upside Intraday Target	40.52
Upside Intraday Target	42.34
Downside Intraday Target	37.86

Weekly technical analysis of Soma Textile (SomaTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	38.70	39.68	39.68	35.20	0.051 times
03 Thu Oct 2024	38.13	40.66	43.73	36.36	4.462 times
27 Fri Sep 2024	39.76	35.57	39.76	34.71	3.574 times
20 Fri Sep 2024	36.23	37.99	39.00	35.27	0.856 times
13 Fri Sep 2024	36.57	37.61	38.83	35.16	0.896 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Soma Textile (SomaTextile)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	38.70	43.48	43.48	35.20	0.343 times
30 Mon Sep 2024	43.58	35.70	43.73	34.25	5.901 times
30 Fri Aug 2024	35.00	34.83	36.84	33.20	1.321 times
31 Wed Jul 2024	35.54	34.70	36.30	32.72	0.091 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Soma Textile (SomaTextile)

Price action analysis of Soma Textile ( (SomaTextile) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Soma Textile ( (SomaTextile) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Soma Textile ( (SomaTextile) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Soma Textile ( (SomaTextile) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Soma Textile stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Soma Textile in short term and the buy signal is strong.

Soma Textile Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Soma Textile in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Soma Textile is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.52 and Soma Textile (SomaTextile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Soma Textile (SomaTextile) stock. Volume based technical analysis of Soma Textile (SomaTextile) stock is negative.

Soma Textile Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.