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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 2024-09-16 View latest technical analysis

10 day averaged volume of Soma Textile is 8361

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	37.15	37.99	37.99	36.60	0.309 times
13 Fri Sep 2024	36.57	37.63	37.63	36.37	0.723 times
12 Thu Sep 2024	36.01	36.92	36.92	35.66	0.204 times
11 Wed Sep 2024	36.15	38.83	38.83	36.00	0.594 times
10 Tue Sep 2024	35.81	36.00	36.45	35.72	0.806 times
09 Mon Sep 2024	35.69	37.61	37.61	35.16	2.399 times
06 Fri Sep 2024	35.99	35.28	37.80	35.28	1.21 times
05 Thu Sep 2024	35.34	34.25	35.85	34.25	0.922 times
04 Wed Sep 2024	35.04	36.90	36.90	34.91	0.776 times
03 Tue Sep 2024	35.23	36.31	36.31	34.85	0.872 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 37.3, for a target of 36.1 or 35.16

Share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Target	31.45
Downside Target	32.65
Downside Target	35.16
Downside Target	36.20
Downside Target	36.84
Upside Target	37.54
Upside Target	37.80
Upside Target	37.99
Upside Target	38.07
Upside Target	38.83

Intraday share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Intraday Target	36.5
Downside Intraday Target	35.86
Upside Intraday Target	37.89
Upside Intraday Target	38.64
Upside Intraday Target	37.25

Weekly technical analysis of Soma Textile (SomaTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	37.15	37.99	37.99	36.60	0.065 times
13 Fri Sep 2024	36.57	37.61	38.83	35.16	0.896 times
06 Fri Sep 2024	35.99	35.70	37.80	34.25	2.138 times
30 Fri Aug 2024	35.00	36.84	36.84	33.65	0.637 times
23 Fri Aug 2024	34.48	34.21	36.20	33.28	2.928 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
16 Mon Sep 2024	37.15	35.70	38.83	34.25	0.849 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
28 Fri Jun 2024	34.05	34.68	37.54	32.65	5.297 times

Scroll below to view daily charts

Price has moved up 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 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 Strong and stock is gaining 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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.76 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.