(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 2024-08-01 View latest technical analysis
10 day averaged volume of Soma Textile is 2198
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 35.51 | 34.83 | 36.31 | 34.83 | 1.119 times |
| 31 Wed Jul 2024 | 35.54 | 34.79 | 36.30 | 34.79 | 1.622 times |
| 30 Tue Jul 2024 | 35.50 | 35.60 | 35.70 | 35.20 | 1.74 times |
| 29 Mon Jul 2024 | 34.59 | 34.75 | 35.00 | 33.03 | 1.527 times |
| 26 Fri Jul 2024 | 34.69 | 34.90 | 34.90 | 34.69 | 0.028 times |
| 25 Thu Jul 2024 | 33.66 | 34.00 | 34.24 | 33.63 | 1.366 times |
| 24 Wed Jul 2024 | 33.01 | 32.82 | 34.00 | 32.82 | 0.455 times |
| 23 Tue Jul 2024 | 32.82 | 32.77 | 34.25 | 32.77 | 0.631 times |
| 22 Mon Jul 2024 | 34.44 | 33.60 | 34.74 | 33.10 | 1.161 times |
| 19 Fri Jul 2024 | 33.60 | 33.60 | 34.74 | 33.60 | 0.182 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 34.9, but if it comes below 34.9, then a intra day sell could be more profitable.
If you take a sell trade below 34.9, then use 34.9 as stoploss and 34.13 as target. However if you take a buy trade in stock , then use 34.9 as stoploss and 35.9 as target.
Share price targets for Soma Textile (SomaTextile)
| Target Type | Value |
| Downside Target | 29.80 |
| Downside Target | 31.45 |
| Downside Target | 32.65 |
| Downside Target | 34.70 |
| Upside Target | 35.74 |
| Upside Target | 35.90 |
| Upside Target | 36.30 |
| Upside Target | 36.31 |
| 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 | 33.59 |
| Downside Intraday Target | 31.67 |
| Upside Intraday Target | 36.87 |
| Upside Intraday Target | 38.23 |
| Downside Intraday Target | 34.95 |
Weekly technical analysis of Soma Textile (SomaTextile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 35.51 | 34.75 | 36.31 | 33.03 | 1.65 times |
| 26 Fri Jul 2024 | 34.69 | 33.60 | 34.90 | 32.77 | 0.933 times |
| 19 Fri Jul 2024 | 33.60 | 35.74 | 35.74 | 32.72 | 0.415 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Soma Textile (SomaTextile)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 35.51 | 34.83 | 36.31 | 34.83 | 0.032 times |
| 31 Wed Jul 2024 | 35.54 | 34.70 | 36.30 | 32.72 | 0.091 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 |
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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Soma Textile stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Soma Textile in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Soma Textile Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 34.66 and Soma Textile (SomaTextile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Soma Textile stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Soma Textile in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Soma Textile Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 34.66 and Soma Textile (SomaTextile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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