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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 2024-12-30 View latest technical analysis

10 day averaged volume of Soma Textile is 6934

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	46.88	46.00	48.20	46.00	0.109 times
27 Fri Dec 2024	45.99	46.52	47.44	45.80	0.842 times
26 Thu Dec 2024	45.38	46.95	47.00	45.20	0.8 times
24 Tue Dec 2024	47.00	47.16	49.50	47.00	1.115 times
23 Mon Dec 2024	48.34	50.50	50.75	48.20	0.875 times
20 Fri Dec 2024	50.69	52.27	52.93	50.01	2.021 times
19 Thu Dec 2024	52.43	51.30	52.90	51.30	0.413 times
18 Wed Dec 2024	53.67	53.50	55.49	53.10	1.059 times
17 Tue Dec 2024	53.51	55.72	55.80	53.10	0.184 times
16 Mon Dec 2024	54.30	57.80	57.80	54.15	1.078 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48.8, but if it comes above 48.8, then a intra day buy could be more profitable.
If you take a sell trade below 48.8, then use 48.8 as stoploss and 43.5 as target. However if you take a buy trade in stock , then use 48.8 as stoploss and 53.2 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	45.20
Upside 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	58.00
Upside Target	65.13
Upside Target	65.39

Intraday share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Intraday Target	45.85
Downside Intraday Target	44.83
Upside Intraday Target	48.05
Upside Intraday Target	49.23
Upside Intraday Target	47.03

Weekly technical analysis of Soma Textile (SomaTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	46.88	46.00	48.20	46.00	0.03 times
27 Fri Dec 2024	45.99	50.50	50.75	45.20	0.764 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

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
30 Mon Dec 2024	46.88	65.39	65.39	45.20	0.469 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Soma Textile stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Soma Textile Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Soma Textile in short term but BUY 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 49.92 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.