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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 2024-12-03 View latest technical analysis

10 day averaged volume of Soma Textile is 61651

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	57.63	61.50	61.50	57.63	0.477 times
02 Mon Dec 2024	60.66	65.39	65.39	59.15	1.727 times
29 Fri Nov 2024	65.13	59.99	65.13	59.99	4.046 times
28 Thu Nov 2024	54.28	47.13	54.28	47.13	2.881 times
27 Wed Nov 2024	45.24	47.24	47.24	45.07	0.342 times
26 Tue Nov 2024	45.58	47.45	47.45	44.41	0.03 times
25 Mon Nov 2024	45.61	45.49	46.90	44.42	0.16 times
22 Fri Nov 2024	44.04	44.40	45.00	43.95	0.124 times
21 Thu Nov 2024	43.91	46.70	46.70	43.13	0.547 times
19 Tue Nov 2024	46.16	43.55	47.20	43.55	0.044 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.4, but if it comes below 54.4, then a intra day sell could be more profitable.
If you take a sell trade below 54.4, then use 54.4 as stoploss and 48.54 as target. However if you take a buy trade in stock , then use 54.4 as stoploss and 61.5 as target.

Share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Target	33.20
Downside Target	34.25
Downside Target	35.20
Downside Target	36.84
Downside Target	43.13
Downside Target	47.53
Downside Target	48.58
Downside Target	53.00
Downside Target	55.29
Downside Target	57.63
Upside Target	65.13
Upside Target	65.39

Intraday share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Intraday Target	55.04
Downside Intraday Target	52.46
Upside Intraday Target	62.8
Upside Intraday Target	67.98
Upside Intraday Target	60.22

Weekly technical analysis of Soma Textile (SomaTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	57.63	65.39	65.39	57.63	0.295 times
29 Fri Nov 2024	65.13	45.49	65.13	44.41	9.166 times
22 Fri Nov 2024	44.04	47.53	47.53	43.13	0.456 times
14 Thu Nov 2024	45.48	44.35	48.58	43.34	0.838 times
08 Fri Nov 2024	45.01	45.36	53.00	44.51	1.149 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
03 Tue Dec 2024	57.63	65.39	65.39	57.63	0.18 times
29 Fri Nov 2024	65.13	47.58	65.13	43.13	0.751 times
31 Thu Oct 2024	46.00	43.48	55.29	35.20	1.675 times
30 Mon Sep 2024	43.58	35.70	43.73	34.25	5.901 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 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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 but buying is losing 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 58.57 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.