Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 5663

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	36.21	36.21	36.21	36.21	0.167 times
22 Mon Apr 2024	34.49	34.49	34.49	34.49	0.037 times
19 Fri Apr 2024	32.85	32.85	32.85	32.85	0.65 times
18 Thu Apr 2024	31.29	31.28	31.29	31.28	1.792 times
16 Tue Apr 2024	29.80	30.40	30.80	29.80	0.476 times
15 Mon Apr 2024	30.63	30.17	30.95	30.17	0.875 times
12 Fri Apr 2024	31.58	32.14	32.14	31.30	0.899 times
10 Wed Apr 2024	32.14	30.77	32.95	30.77	0.718 times
09 Tue Apr 2024	31.40	31.17	32.85	31.17	0.767 times
08 Mon Apr 2024	31.86	32.40	33.65	31.27	1.581 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 35.2, but if it comes below 35.2, then a intra day sell could be more profitable.
If you take a sell trade below 35.2, then use 35.2 as stoploss and 33.31 as target. However if you take a buy trade in stock , then use 35.2 as stoploss and 37.4 as target.

Share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Target	18.75
Downside Target	19.69
Downside Target	21.11
Downside Target	22.75
Downside Target	24.14
Downside Target	27.66
Downside Target	29.19
Downside Target	29.80
Downside Target	30.77
Downside Target	32.55
Downside Target	34.49
Downside Target	36.21
Upside Target	37.10
Upside Target	37.40

Intraday share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Intraday Target	35.06
Downside Intraday Target	33.92
Upside Intraday Target	36.78
Upside Intraday Target	37.36
Downside Intraday Target	35.64

Weekly technical analysis of Soma Textile (SomaTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	36.21	34.49	36.21	34.49	0.054 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
05 Fri Apr 2024	32.81	32.63	34.87	32.55	0.673 times
28 Thu Mar 2024	33.30	34.85	37.10	33.25	0.894 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
23 Tue Apr 2024	36.21	32.63	36.21	29.80	0.067 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
31 Wed Jan 2024	20.70	22.50	22.75	19.69	0.515 times

Scroll below to view daily charts

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)

Price action analysis of Soma Textile ( (SomaTextile) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Soma Textile ( (SomaTextile) ) 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Soma Textile in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Soma Textile in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 31.61 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 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 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.