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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 5760

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 35.30 36.41 37.20 35.30 2.155 times
15 Wed May 2024 37.15 37.48 37.48 36.35 1.091 times
14 Tue May 2024 35.70 35.45 35.70 35.40 0.451 times
13 Mon May 2024 34.00 34.19 34.19 32.85 1.498 times
10 Fri May 2024 33.52 33.00 34.20 32.34 1.051 times

Stock of Soma Textile (SomaTextile) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 37.1 or till 39.5. Use a stoploss of 35.03 and if this stock hits its stoploss, then it can fall down till 33

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 31.45
Downside Target 32.85
Downside Target 34.49
Upside Target 37.40
Upside Target 37.48
Upside Target 38.05
Upside Target 41.91

Intraday share price targets for Soma Textile (SomaTextile)

Target Type Value
Downside Intraday Target 32.94
Downside Intraday Target 30.58
Upside Intraday Target 37.57
Upside Intraday Target 39.84
Downside Intraday Target 35.21

Weekly technical analysis of Soma Textile (SomaTextile)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 35.30 34.19 37.48 32.85 1.227 times
10 Fri May 2024 33.52 33.95 34.66 31.45 0.529 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

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
16 Thu May 2024 35.30 33.05 37.48 31.45 0.275 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 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 Textile (SomaTextile)

Indicator Name Indicator Value Indicator Signal
ADX 32, 25, 11 Buy
MACD 2, 2Sell
Stochastics 79Buy
CCI 91Sell
RSI 51Buy
OBV -59623Sell
VWAP 35Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 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 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 BUY. 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 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 34.56 and Soma Textile (SomaTextile) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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