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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 2024-10-16 View latest technical analysis

10 day averaged volume of Soma Textile is 90447

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	45.79	46.71	47.90	44.51	0.1 times
15 Tue Oct 2024	46.71	50.70	50.70	46.70	0.118 times
14 Mon Oct 2024	50.28	53.01	54.07	47.41	1.139 times
11 Fri Oct 2024	52.00	50.98	55.29	50.51	2.139 times
10 Thu Oct 2024	46.44	43.95	46.44	38.85	0.34 times
09 Wed Oct 2024	38.70	39.00	39.43	38.38	0.017 times
08 Tue Oct 2024	39.14	37.57	39.49	37.57	0.185 times
07 Mon Oct 2024	37.93	39.68	39.68	35.20	0.1 times
03 Thu Oct 2024	38.13	38.35	39.00	36.36	0.437 times
01 Tue Oct 2024	39.23	43.48	43.48	39.23	1.533 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.4, but if it comes below 45.4, then a intra day sell could be more profitable.
If you take a sell trade below 45.4, then use 45.4 as stoploss and 40.38 as target. However if you take a buy trade in stock , then use 45.4 as stoploss and 51.4 as target.

Share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Target	32.65
Downside Target	34.25
Downside Target	36.30
Downside Target	39.00
Downside Target	39.76
Downside Target	43.73
Downside Target	44.51
Upside Target	54.07
Upside Target	55.29

Intraday share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Intraday Target	42.18
Downside Intraday Target	38.56
Upside Intraday Target	51.74
Upside Intraday Target	57.68
Upside Intraday Target	48.12

Weekly technical analysis of Soma Textile (SomaTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	45.79	53.01	54.07	44.51	0.488 times
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

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
16 Wed Oct 2024	45.79	43.48	55.29	35.20	0.922 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 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 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Soma Textile in short term but SELL signal is weak.

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

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 46.31 and Soma Textile (SomaTextile) stock is trading below this level. This means that stock is falling with high volumes. 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.