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(SOMATEX) Soma Textiles complete technical analysis [charts+indicators] | Buy/Sell Soma Textiles | (SOMATEX) share price targets

Complete technical analysis of Soma Textiles (SOMATEX) by charts plus indicators, forecast predictions and share price targets for Soma Textiles (SOMATEX)

10 day averaged volume of Soma Textiles is 205957

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 45.55 45.45 47.29 44.82 0.296 times
18 Mon Nov 2024 44.61 46.20 47.30 44.21 0.293 times
14 Thu Nov 2024 45.50 45.45 47.70 44.50 0.998 times
13 Wed Nov 2024 44.84 47.00 48.29 43.50 1.5 times
12 Tue Nov 2024 46.89 45.45 48.50 43.73 0.707 times

My analysis of stock is bearish for shortterm, and stock might move down till 44.6 or till 42.7. Use a stoploss of 46.18 and if the stock hits stoploss, then it can shoot up till 47.75

Share price targets for Soma Textiles (SOMATEX)

Target Type Value
Downside Target 29.25
Downside Target 32.21
Downside Target 34.55
Downside Target 35.25
Downside Target 36.50
Downside Target 42.20
Downside Target 43.46
Upside Target 47.30
Upside Target 48.50
Upside Target 49.45
Upside Target 49.50
Upside Target 53.50
Upside Target 55.30

Intraday share price targets for Soma Textiles (SOMATEX)

Target Type Value
Downside Intraday Target 44.07
Downside Intraday Target 42.6
Upside Intraday Target 47.16
Upside Intraday Target 48.78
Upside Intraday Target 45.69

Weekly technical analysis of Soma Textiles (SOMATEX)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 45.55 46.20 47.30 44.21 0.149 times
14 Thu Nov 2024 45.50 45.45 48.50 43.46 0.684 times
08 Fri Nov 2024 45.22 47.60 53.50 44.23 3.539 times
01 Fri Nov 2024 46.96 47.07 49.50 44.60 0.551 times
30 Wed Oct 2024 46.59 46.50 49.45 42.57 0.242 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 Textiles (SOMATEX)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 45.55 47.98 53.50 43.46 0.24 times
31 Thu Oct 2024 45.53 43.38 55.30 35.25 3.456 times
30 Mon Sep 2024 43.54 36.49 43.57 34.55 2.281 times
30 Fri Aug 2024 35.07 35.00 36.50 32.21 0.934 times

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 Textiles (SOMATEX)

Indicator Name Indicator Value Indicator Signal
ADX 15, 13, 8 Buy
MACD 2, 3Sell
Stochastics 18Sell
CCI -42Buy
RSI 58Buy
OBV 1659419Sell
VWAP 47Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Soma Textiles ( (SOMATEX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Soma Textiles ( (SOMATEX) ) based on a short term time period is

Price action analysis of Soma Textiles ( (SOMATEX) ) based on a short to mid 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 Textiles ( (SOMATEX) ) 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 Textiles stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Soma Textiles 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Soma Textiles 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 Textiles is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 47.28 and Soma Textiles (SOMATEX) 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 Textiles (SOMATEX) stock. Volume based technical analysis of Soma Textiles (SOMATEX) stock is negative.

Soma Textiles 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.

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