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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)

10 day averaged volume of Soma Textile is 18839

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 34.18 31.45 34.66 31.45 0.303 times
06 Mon May 2024 33.01 33.95 33.95 32.92 0.26 times
03 Fri May 2024 34.65 35.75 35.75 33.60 0.174 times
02 Thu May 2024 34.20 33.05 34.65 33.05 0.573 times
30 Tue Apr 2024 34.63 36.15 36.90 34.63 0.479 times

My analysis of stock is bullish for shortterm, and stock might move up till 36.5 or till 39.7. Use a stoploss of 33.9 and if this stock hits its stoploss, then it can fall down till 31.26

Share price targets for Soma Textile (SomaTextile)

Target Type Value
Downside Target 19.69
Downside Target 21.11
Downside Target 22.75
Downside Target 27.66
Downside Target 29.19
Downside Target 29.80
Downside Target 30.77
Downside Target 31.45
Downside Target 32.85
Upside Target 34.49
Upside Target 35.75
Upside Target 37.40
Upside Target 38.05
Upside Target 41.91

Intraday share price targets for Soma Textile (SomaTextile)

Target Type Value
Downside Intraday Target 32.2
Downside Intraday Target 30.22
Upside Intraday Target 35.41
Upside Intraday Target 36.64
Downside Intraday Target 33.43

Weekly technical analysis of Soma Textile (SomaTextile)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 34.18 33.95 34.66 31.45 0.23 times
03 Fri May 2024 34.65 37.49 38.05 33.05 0.349 times
26 Fri Apr 2024 37.93 34.49 41.91 34.49 6.14 times
19 Fri Apr 2024 32.85 30.17 32.85 29.80 0.957 times
12 Fri Apr 2024 31.58 32.40 33.65 30.77 0.547 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
07 Tue May 2024 34.18 33.05 35.75 31.45 0.099 times
30 Tue Apr 2024 34.63 32.63 41.91 29.80 0.194 times
28 Thu Mar 2024 33.30 27.73 37.40 27.66 1.446 times
29 Thu Feb 2024 26.41 21.11 29.19 21.11 6.864 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 30, 31, 2 Sell
MACD 2, 2Sell
Stochastics 16Sell
CCI -92Buy
RSI 52Buy
OBV -93008Sell
VWAP 38Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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 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 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 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

Stock of Soma Textile is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.56 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.

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