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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 2024-12-05 View latest technical analysis

10 day averaged volume of Soma Textile is 67282

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	57.03	59.79	59.79	56.85	0.212 times
04 Wed Dec 2024	59.84	55.01	60.40	54.75	0.531 times
03 Tue Dec 2024	57.63	61.50	61.50	57.63	0.437 times
02 Mon Dec 2024	60.66	65.39	65.39	59.15	1.583 times
29 Fri Nov 2024	65.13	59.99	65.13	59.99	3.707 times
28 Thu Nov 2024	54.28	47.13	54.28	47.13	2.64 times
27 Wed Nov 2024	45.24	47.24	47.24	45.07	0.314 times
26 Tue Nov 2024	45.58	47.45	47.45	44.41	0.027 times
25 Mon Nov 2024	45.61	45.49	46.90	44.42	0.147 times
22 Fri Nov 2024	44.04	44.40	45.00	43.95	0.114 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.2, but if it comes below 56.2, then a intra day sell could be more profitable.
If you take a sell trade below 56.2, then use 56.2 as stoploss and 49.63 as target. However if you take a buy trade in stock , then use 56.2 as stoploss and 64 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	54.75
Downside Target	55.29
Upside Target	65.13
Upside Target	65.39

Intraday share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Intraday Target	52.72
Downside Intraday Target	48.42
Upside Intraday Target	63.36
Upside Intraday Target	69.7
Upside Intraday Target	59.06

Weekly technical analysis of Soma Textile (SomaTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	57.03	65.39	65.39	54.75	0.404 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
05 Thu Dec 2024	57.03	65.39	65.39	54.75	0.246 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 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 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 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 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 59.41 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.