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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 2024-10-11 View latest technical analysis

10 day averaged volume of Soma Textile is 69159

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	52.00	50.98	55.29	50.51	2.797 times
10 Thu Oct 2024	46.44	43.95	46.44	38.85	0.445 times
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	0.242 times
07 Mon Oct 2024	37.93	39.68	39.68	35.20	0.13 times
03 Thu Oct 2024	38.13	38.35	39.00	36.36	0.572 times
01 Tue Oct 2024	39.23	43.48	43.48	39.23	2.005 times
30 Mon Sep 2024	43.58	40.66	43.73	40.66	5.22 times
27 Fri Sep 2024	39.76	36.00	39.76	34.71	1.284 times
26 Thu Sep 2024	36.15	36.76	36.78	36.00	0.034 times

Stock of Soma Textile (SomaTextile) has showed a significant upmove. This could be a good time to enter in this stock!

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 47.6, for a target of 42.8 or 38.73

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
Downside Target	38.83
Downside Target	39.00
Downside Target	39.76
Downside Target	43.73
Upside Target	55.29

Intraday share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Intraday Target	39.7
Downside Intraday Target	27.41
Upside Intraday Target	59.79
Upside Intraday Target	67.59
Downside Intraday Target	47.5

Weekly technical analysis of Soma Textile (SomaTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	52.00	39.68	55.29	35.20	0.466 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
11 Fri Oct 2024	52.00	43.48	55.29	35.20	0.717 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 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 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 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 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 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 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 positive zone. This is a BUY 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 44.04 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.