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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 2024-12-23 View latest technical analysis

10 day averaged volume of Soma Textile is 12685

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	48.34	50.50	50.75	48.20	0.478 times
20 Fri Dec 2024	50.69	52.27	52.93	50.01	1.105 times
19 Thu Dec 2024	52.43	51.30	52.90	51.30	0.226 times
18 Wed Dec 2024	53.67	53.50	55.49	53.10	0.579 times
17 Tue Dec 2024	53.51	55.72	55.80	53.10	0.101 times
16 Mon Dec 2024	54.30	57.80	57.80	54.15	0.589 times
13 Fri Dec 2024	55.35	55.00	55.99	53.52	0.882 times
12 Thu Dec 2024	55.87	55.73	56.00	53.23	1.345 times
11 Wed Dec 2024	56.03	58.00	58.00	53.60	1.673 times
10 Tue Dec 2024	55.88	53.69	55.88	53.65	2.479 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.8, but if it comes above 49.8, then a intra day buy could be more profitable.
If you take a sell trade below 49.8, then use 49.8 as stoploss and 44.3 as target. However if you take a buy trade in stock , then use 49.8 as stoploss and 54.45 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	48.20
Upside Target	50.01
Upside Target	51.80
Upside Target	54.18
Upside Target	55.29
Upside Target	57.80
Upside Target	65.13
Upside Target	65.39

Intraday share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Intraday Target	47.44
Downside Intraday Target	46.55
Upside Intraday Target	49.99
Upside Intraday Target	51.65
Upside Intraday Target	49.1

Weekly technical analysis of Soma Textile (SomaTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	48.34	50.50	50.75	48.20	0.184 times
20 Fri Dec 2024	50.69	57.80	57.80	50.01	0.351 times
13 Fri Dec 2024	55.35	54.23	58.00	51.80	0.468 times
06 Fri Dec 2024	54.24	65.39	65.39	54.18	0.437 times
29 Fri Nov 2024	65.13	45.49	65.13	44.41	9.166 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
23 Mon Dec 2024	48.34	65.39	65.39	48.20	0.442 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Soma Textile ( (SomaTextile) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Soma Textile in short term but the sell signal is initial and weak.

Soma Textile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

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

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 has given negative 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.