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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 2073

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	38.98	39.05	39.85	37.26	1.706 times
27 Mon Jan 2025	39.05	39.26	39.35	39.05	2.983 times
24 Fri Jan 2025	41.10	42.00	42.00	40.10	0.611 times
23 Thu Jan 2025	42.00	42.50	44.40	41.10	0.414 times
22 Wed Jan 2025	42.50	42.10	44.45	42.10	0.975 times
21 Tue Jan 2025	43.39	46.25	46.40	43.10	0.572 times
20 Mon Jan 2025	44.20	44.20	44.20	43.80	0.42 times
17 Fri Jan 2025	42.10	43.55	43.55	41.20	0.949 times
16 Thu Jan 2025	42.68	43.36	43.90	42.60	0.798 times
15 Wed Jan 2025	42.51	39.10	42.52	39.10	1.929 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.3, but if it comes above 40.3, then a intra day buy could be more profitable.
If you take a sell trade below 40.3, then use 40.3 as stoploss and 37.7 as target. However if you take a buy trade in stock , then use 40.3 as stoploss and 42.44 as target.

Share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Target	34.25
Downside Target	35.20
Downside Target	37.26
Upside Target	39.05
Upside Target	43.13
Upside Target	44.85
Upside Target	46.00
Upside Target	46.40
Upside Target	48.89
Upside Target	55.29
Upside Target	65.13
Upside Target	65.39

Intraday share price targets for Soma Textile (SomaTextile)

Target Type	Value
Downside Intraday Target	37.54
Downside Intraday Target	36.11
Upside Intraday Target	40.13
Upside Intraday Target	41.29
Downside Intraday Target	38.7

Weekly technical analysis of Soma Textile (SomaTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	38.98	39.26	39.85	37.26	1.567 times
24 Fri Jan 2025	41.10	44.20	46.40	40.10	0.42 times
17 Fri Jan 2025	42.10	39.96	43.90	39.05	0.856 times
10 Fri Jan 2025	41.10	46.00	46.00	39.67	0.719 times
03 Fri Jan 2025	45.42	46.00	48.89	44.85	0.953 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Soma Textile (SomaTextile)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	38.98	45.98	48.89	37.26	0.18 times
31 Tue Dec 2024	46.92	65.39	65.39	45.20	0.477 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

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 Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Soma Textile in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 41.06 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.