(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 2024-08-05 View latest technical analysis
10 day averaged volume of Soma Textile is 2914
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 33.68 | 34.01 | 35.47 | 33.68 | 2.739 times |
| 02 Fri Aug 2024 | 35.45 | 35.01 | 35.45 | 34.02 | 2.721 times |
| 01 Thu Aug 2024 | 35.51 | 34.83 | 36.31 | 34.83 | 0.844 times |
| 31 Wed Jul 2024 | 35.54 | 34.79 | 36.30 | 34.79 | 1.224 times |
| 30 Tue Jul 2024 | 35.50 | 35.60 | 35.70 | 35.20 | 1.313 times |
| 29 Mon Jul 2024 | 34.59 | 34.75 | 35.00 | 33.03 | 1.152 times |
| 26 Fri Jul 2024 | 34.69 | 34.90 | 34.90 | 34.69 | 0.021 times |
| 25 Thu Jul 2024 | 33.66 | 34.00 | 34.24 | 33.63 | 1.031 times |
| 24 Wed Jul 2024 | 33.01 | 32.82 | 34.00 | 32.82 | 0.344 times |
| 23 Tue Jul 2024 | 32.82 | 32.77 | 34.25 | 32.77 | 0.476 times |
Stock of Soma Textile (SomaTextile) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 33.4 as stoploss in an intra day buy trade for a target of 34.25. However, stock will show a bearish move below 33.4.
Share price targets for Soma Textile (SomaTextile)
| Target Type | Value |
| Downside Target | 29.80 |
| Downside Target | 31.45 |
| Downside Target | 32.65 |
| Upside Target | 34.90 |
| 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 | 33.08 |
| Downside Intraday Target | 32.49 |
| Upside Intraday Target | 34.87 |
| Upside Intraday Target | 36.07 |
| Upside Intraday Target | 34.28 |
Weekly technical analysis of Soma Textile (SomaTextile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 33.68 | 34.01 | 35.47 | 33.68 | 0.378 times |
| 02 Fri Aug 2024 | 35.45 | 34.75 | 36.31 | 33.03 | 2.64 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 |
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 |
| 05 Mon Aug 2024 | 33.68 | 34.83 | 36.31 | 33.68 | 0.239 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Soma Textile stock for short term is SELL. 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Soma Textile in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 34.64 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.
Price action analysis of Soma Textile ( (SomaTextile) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Soma Textile stock for short term is SELL. 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Soma Textile in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 34.64 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.
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