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(SOMATEX) Soma Textiles complete technical analysis [charts+indicators] | Buy/Sell Soma Textiles | (SOMATEX) share price targets

Complete technical analysis of Soma Textiles (SOMATEX) by charts plus indicators, forecast predictions and share price targets for Soma Textiles (SOMATEX)

Soma Textiles trades in NSE in Textiles sector.

10 day averaged volume of Soma Textiles is 579461

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	60.54	64.71	64.71	59.22	1.731 times
29 Fri Nov 2024	65.80	60.20	65.80	60.20	6.059 times
28 Thu Nov 2024	54.84	46.30	54.84	46.23	2.819 times
27 Wed Nov 2024	45.70	45.62	46.80	45.15	0.068 times
26 Tue Nov 2024	45.48	46.19	46.94	44.55	0.065 times
25 Mon Nov 2024	46.19	45.19	46.99	44.40	0.18 times
22 Fri Nov 2024	44.08	44.00	45.37	43.80	0.051 times
21 Thu Nov 2024	43.87	46.70	46.70	43.16	0.194 times
19 Tue Nov 2024	45.55	45.45	47.29	44.82	0.105 times
18 Mon Nov 2024	44.61	46.20	47.30	44.21	0.104 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 60.5, for a target of 53.8 or 48.14

Share price targets for Soma Textiles (SOMATEX)

Target Type	Value
Downside Target	32.21
Downside Target	34.55
Downside Target	35.25
Downside Target	36.50
Downside Target	43.16
Downside Target	47.30
Downside Target	48.50
Downside Target	53.50
Downside Target	55.30
Downside Target	59.22
Upside Target	64.71
Upside Target	65.80

Intraday share price targets for Soma Textiles (SOMATEX)

Target Type	Value
Downside Intraday Target	58.27
Downside Intraday Target	56
Upside Intraday Target	63.76
Upside Intraday Target	66.98
Upside Intraday Target	61.49

Weekly technical analysis of Soma Textiles (SOMATEX)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	60.54	64.71	64.71	59.22	0.188 times
29 Fri Nov 2024	65.80	45.19	65.80	44.40	20.225 times
22 Fri Nov 2024	44.08	46.20	47.30	43.16	0.324 times
14 Thu Nov 2024	45.50	45.45	48.50	43.46	0.684 times
08 Fri Nov 2024	45.22	47.60	53.50	44.23	1.498 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 Textiles (SOMATEX)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	60.54	64.71	64.71	59.22	0.132 times
29 Fri Nov 2024	65.80	47.98	65.80	43.16	0.863 times
31 Thu Oct 2024	45.53	43.38	55.30	35.25	3.397 times
30 Mon Sep 2024	43.54	36.49	43.57	34.55	2.281 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 Textiles (SOMATEX)

Price action analysis of Soma Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Soma Textiles 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 Textiles 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 coming down

CCI has generated a SELL signal for Soma Textiles 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.89 and Soma Textiles (SOMATEX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Soma Textiles (SOMATEX) stock. Volume based technical analysis of Soma Textiles (SOMATEX) stock is negative.

Soma Textiles 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.