(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.
Showing technical analysis as on 2024-03-04 View latest technical analysis
10 day averaged volume of Soma Textiles is 117133
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 27.55 | 30.35 | 30.35 | 27.50 | 2.141 times |
02 Sat Mar 2024 | 28.95 | 28.95 | 28.95 | 28.95 | 0.037 times |
01 Fri Mar 2024 | 27.60 | 27.60 | 27.60 | 27.60 | 0.109 times |
29 Thu Feb 2024 | 26.30 | 28.90 | 28.90 | 26.20 | 6.329 times |
28 Wed Feb 2024 | 27.55 | 27.55 | 27.55 | 27.55 | 1.103 times |
27 Tue Feb 2024 | 26.25 | 26.25 | 26.25 | 26.25 | 0.145 times |
26 Mon Feb 2024 | 25.00 | 25.00 | 25.00 | 25.00 | 0.235 times |
23 Fri Feb 2024 | 23.85 | 22.85 | 23.85 | 22.85 | 0.313 times |
22 Thu Feb 2024 | 22.75 | 23.05 | 23.25 | 22.40 | 0.17 times |
21 Wed Feb 2024 | 23.25 | 25.25 | 25.25 | 23.25 | 0.451 times |
Stock of Soma Textiles (SOMATEX) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 27.2, but if it comes below 27.2, then a intra day sell could be more profitable.
If you take a sell trade below 27.2, then use 27.2 as stoploss and 24.85 as target. However if you take a buy trade in stock , then use 27.2 as stoploss and 30 as target.
Share price targets for Soma Textiles (SOMATEX)
Target Type | Value |
Downside Target | 9.00 |
Downside Target | 20.35 |
Downside Target | 22.05 |
Downside Target | 23.05 |
Downside Target | 24.80 |
Downside Target | 25.60 |
Downside Target | 26.95 |
Downside Target | 27.50 |
Upside Target | 28.90 |
Upside Target | 28.95 |
Upside Target | 30.35 |
Intraday share price targets for Soma Textiles (SOMATEX)
Target Type | Value |
Downside Intraday Target | 26.58 |
Downside Intraday Target | 25.62 |
Upside Intraday Target | 29.43 |
Upside Intraday Target | 31.32 |
Upside Intraday Target | 28.47 |
Weekly technical analysis of Soma Textiles (SOMATEX)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 27.55 | 30.35 | 30.35 | 27.50 | 0.269 times |
02 Sat Mar 2024 | 28.95 | 25.00 | 28.95 | 25.00 | 3.48 times |
23 Fri Feb 2024 | 23.85 | 25.70 | 26.95 | 22.40 | 0.989 times |
06 Tue Jun 2023 | 27.30 | 25.60 | 27.30 | 25.60 | 0.222 times |
02 Fri Jun 2023 | 24.80 | 20.35 | 24.80 | 20.35 | 2.268 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 |
04 Mon Mar 2024 | 27.55 | 27.60 | 30.35 | 27.50 | 0.226 times |
29 Thu Feb 2024 | 26.30 | 25.70 | 28.90 | 22.40 | 1.846 times |
06 Tue Jun 2023 | 27.30 | 23.65 | 27.30 | 23.05 | 0.47 times |
31 Wed May 2023 | 22.55 | 24.90 | 24.90 | 20.35 | 0.497 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 Textiles (SOMATEX)
Price action analysis of Soma Textiles ( (SOMATEX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Soma Textiles in short term and the buy signal is strong.
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 negative zone. This is the SELL 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 26.41 and Soma Textiles (SOMATEX) 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 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.
Price action analysis of Soma Textiles ( (SOMATEX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Soma Textiles in short term and the buy signal is strong.
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 negative zone. This is the SELL 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 26.41 and Soma Textiles (SOMATEX) 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 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.
Click here for Soma Textiles charts
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Daily charts
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