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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 38942

Date Daily Closing Price Open High Low Volume
18 Fri Jun 2021 8.39 8.32 9.00 8.32 1.719 times
17 Thu Jun 2021 8.75 8.75 9.00 8.75 0.576 times
16 Wed Jun 2021 9.21 9.20 9.21 8.90 2.206 times
15 Tue Jun 2021 8.78 8.77 8.78 8.74 1.595 times
14 Mon Jun 2021 8.37 8.37 8.37 8.35 0.394 times
11 Fri Jun 2021 7.98 7.91 8.05 7.36 1.636 times
10 Thu Jun 2021 7.67 7.88 7.88 7.25 1.32 times
09 Wed Jun 2021 7.58 7.57 7.59 7.50 1.021 times
08 Tue Jun 2021 6.90 6.45 6.90 6.30 0.544 times
07 Mon Jun 2021 6.28 6.15 6.30 5.75 0.496 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.2, but if it comes below 8.2, then a intra day sell could be more profitable.
If you take a sell trade below 8.2, then use 8.2 as stoploss and 6.9 as target. However if you take a buy trade in stock , then use 8.2 as stoploss and 9.7 as target.

Share price targets for Soma Textile (SomaTextile)

Target Type Value
Downside Target 2.72
Downside Target 4.68
Downside Target 5.10
Downside Target 5.41
Downside Target 5.65
Downside Target 5.98
Downside Target 6.60
Downside Target 7.15
Downside Target 8.05
Downside Target 8.32
Upside Target 9.21
Upside Target 10.29

Intraday share price targets for Soma Textile (SomaTextile)

Target Type Value
Downside Intraday Target 8.07
Downside Intraday Target 7.75
Upside Intraday Target 8.96
Upside Intraday Target 9.53
Upside Intraday Target 8.64

Weekly technical analysis of Soma Textile (SomaTextile)

Date Weekly Closing Price Open High Low Volume
18 Fri Jun 2021 8.39 8.37 9.21 8.32 1.294 times
11 Fri Jun 2021 7.98 6.15 8.05 5.75 3.707 times
04 Fri Jun 2021 5.81 5.97 5.98 5.41 1.881 times
28 Fri May 2021 5.98 6.12 6.69 5.65 3.613 times
21 Fri May 2021 6.40 5.85 6.60 5.85 0.153 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
18 Fri Jun 2021 8.39 5.69 9.21 5.41 3.246 times
31 Mon May 2021 5.69 6.10 6.69 5.10 0.799 times
30 Fri Apr 2021 6.04 5.74 6.70 4.68 0.368 times
31 Wed Mar 2021 5.74 7.50 10.29 5.74 3.45 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Soma Textile (SomaTextile)

Indicator Name Indicator Value Indicator Signal
ADX 44, 21, 35 Buy
MACD 1, 1Buy
Stochastics 88Buy
CCI 53Sell
RSI 58Buy
OBV 223985Sell
VWAP 8Buy
ADL 0Sell
ROC 44Buy
Force Index 0Sell

Price action analysis of Soma Textile ( (SomaTextile) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 Textile stock for short term is BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.

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

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 8.24 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.

Click here for Soma Textile charts

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Daily charts

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

Daily chart
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