(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 2024-03-07 View latest technical analysis
10 day averaged volume of Soma Textiles is 133887
Date | Daily Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 31.80 | 31.80 | 31.80 | 31.80 | 0.154 times |
06 Wed Mar 2024 | 30.30 | 30.00 | 30.30 | 28.90 | 0.649 times |
05 Tue Mar 2024 | 28.90 | 27.10 | 28.90 | 27.10 | 0.242 times |
04 Mon Mar 2024 | 27.55 | 30.35 | 30.35 | 27.50 | 1.873 times |
02 Sat Mar 2024 | 28.95 | 28.95 | 28.95 | 28.95 | 0.032 times |
01 Fri Mar 2024 | 27.60 | 27.60 | 27.60 | 27.60 | 0.095 times |
29 Thu Feb 2024 | 26.30 | 28.90 | 28.90 | 26.20 | 5.537 times |
28 Wed Feb 2024 | 27.55 | 27.55 | 27.55 | 27.55 | 0.965 times |
27 Tue Feb 2024 | 26.25 | 26.25 | 26.25 | 26.25 | 0.127 times |
26 Mon Feb 2024 | 25.00 | 25.00 | 25.00 | 25.00 | 0.206 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 31.7, for a target of 28.7 or 26.23
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 | 27.30 |
Downside Target | 28.90 |
Downside Target | 28.95 |
Downside Target | 31.80 |
Intraday share price targets for Soma Textiles (SOMATEX)
Target Type | Value |
Downside Intraday Target | 28.67 |
Downside Intraday Target | 25.53 |
Upside Intraday Target | 33.37 |
Upside Intraday Target | 34.93 |
Downside Intraday Target | 30.23 |
Weekly technical analysis of Soma Textiles (SOMATEX)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 31.80 | 30.35 | 31.80 | 27.10 | 0.419 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 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 Textiles (SOMATEX)
Date | Monthly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 31.80 | 27.60 | 31.80 | 27.10 | 0.345 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Soma Textiles ( (SOMATEX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Soma Textiles ( (SOMATEX) ) 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 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 gaining 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 moving up
CCI has generated a buy signal for Soma Textiles 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Soma Textiles is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 27.06 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Soma Textiles ( (SOMATEX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Soma Textiles ( (SOMATEX) ) 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 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 gaining 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 moving up
CCI has generated a buy signal for Soma Textiles 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Soma Textiles is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 27.06 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
Click here for further forecast and predictions for tomorrow
Daily charts
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