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(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 2024-07-15 View latest technical analysis

10 day averaged volume of Soma Textile is 4955

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	33.30	35.74	35.74	33.30	0.024 times
12 Fri Jul 2024	34.16	34.01	34.16	34.01	0.313 times
11 Thu Jul 2024	34.20	34.10	34.21	34.10	0.111 times
10 Wed Jul 2024	34.01	35.90	35.90	34.01	0.285 times
09 Tue Jul 2024	34.40	33.25	34.40	33.25	3.463 times
08 Mon Jul 2024	33.25	33.01	33.25	33.01	0.003 times
05 Fri Jul 2024	33.54	33.00	34.70	33.00	1.698 times
04 Thu Jul 2024	33.30	33.00	33.75	33.00	3.849 times
03 Wed Jul 2024	34.00	34.08	34.08	33.10	0.121 times
02 Tue Jul 2024	33.75	34.37	34.60	33.70	0.052 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.5, but if it comes above 33.5, then a intra day buy could be more profitable.
If you take a sell trade below 33.5, then use 33.5 as stoploss and 32.9 as target. However if you take a buy trade in stock , then use 33.5 as stoploss and 33.92 as target.

Share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Target	27.66
Downside Target	29.80
Downside Target	31.45
Downside Target	32.65
Upside Target	34.70
Upside Target	35.74
Upside Target	35.90
Upside Target	36.33
Upside Target	37.40
Upside Target	37.54
Upside Target	38.07
Upside Target	41.91

Intraday share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Intraday Target	32.49
Downside Intraday Target	31.67
Upside Intraday Target	34.93
Upside Intraday Target	36.55
Upside Intraday Target	34.11

Weekly technical analysis of Soma Textile (SomaTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	33.30	35.74	35.74	33.30	0.006 times
12 Fri Jul 2024	34.16	33.01	35.90	33.01	0.717 times
05 Fri Jul 2024	33.54	34.70	34.70	33.00	2.768 times
28 Fri Jun 2024	34.05	34.10	35.00	32.90	0.57 times
21 Fri Jun 2024	34.00	36.33	36.33	33.12	0.998 times

Price has moved down 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
15 Mon Jul 2024	33.30	34.70	35.90	33.00	0.059 times
28 Fri Jun 2024	34.05	34.68	37.54	32.65	5.297 times
31 Fri May 2024	34.00	33.05	38.07	31.45	0.64 times
30 Tue Apr 2024	34.63	32.63	41.91	29.80	0.194 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 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 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.

Price action analysis of Soma Textile ( (SomaTextile) ) based on a short to mid 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.

Price action analysis of Soma Textile ( (SomaTextile) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Soma Textile in short term and the sell 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 33.79 and Soma Textile (SomaTextile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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