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

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

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

Showing technical analysis as on 2024-12-03 View latest technical analysis

10 day averaged volume of Soma Textilei is 13802

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	57.51	62.06	62.06	57.51	6.78 times
02 Fri Aug 2024	35.16	35.53	35.90	34.10	1.105 times
01 Thu Aug 2024	35.53	36.80	36.80	35.00	0.997 times
31 Wed Jul 2024	35.53	35.85	36.50	35.00	0.831 times
30 Tue Jul 2024	35.17	36.50	36.50	35.00	0.969 times
29 Mon Jul 2024	35.09	34.69	35.40	34.00	1.812 times
26 Fri Jul 2024	34.01	34.75	34.75	33.54	0.771 times
25 Thu Jul 2024	34.00	33.20	34.25	33.20	1.388 times
24 Wed Jul 2024	33.20	33.64	33.76	33.15	0.301 times
23 Tue Jul 2024	33.64	33.38	34.39	32.81	0.21 times

Stock of Soma Textilei (SOMATEX_BE) has showed a significant upmove. This could be a good time to enter in this stock!

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 46.7, for a target of 40.6 or 35.48

Share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Target	31.35
Downside Target	32.45
Downside Target	34.00
Downside Target	36.48
Downside Target	36.80
Downside Target	37.82
Downside Target	38.05
Downside Target	57.51
Upside Target	62.06

Intraday share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Intraday Target	55.99
Downside Intraday Target	54.48
Upside Intraday Target	60.54
Upside Intraday Target	63.58
Upside Intraday Target	59.03

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	57.51	62.06	62.06	57.51	1.187 times
02 Fri Aug 2024	35.16	34.69	36.80	34.00	1.333 times
26 Fri Jul 2024	34.01	34.24	34.75	32.60	1.206 times
19 Fri Jul 2024	34.24	35.10	35.10	32.80	0.386 times
12 Fri Jul 2024	34.40	34.32	36.48	33.11	0.905 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 Textilei (SOMATEX_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	57.51	62.06	62.06	57.51	3.226 times
02 Fri Aug 2024	35.16	36.80	36.80	34.10	0.068 times
31 Wed Jul 2024	35.53	34.40	36.50	32.56	0.907 times
28 Fri Jun 2024	34.05	34.00	37.82	32.45	0.606 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 Textilei (SOMATEX_BE)

Price action analysis of Soma Textilei ( (SOMATEX_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Soma Textilei ( (SOMATEX_BE) ) 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 Textilei ( (SOMATEX_BE) ) 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 Textilei ( (SOMATEX_BE) ) 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 Textilei stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Soma Textilei 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 Textilei 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 Textilei 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Soma Textilei is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.97 and Soma Textilei (SOMATEX_BE) 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 Textilei (SOMATEX_BE) stock. Volume based technical analysis of Soma Textilei (SOMATEX_BE) stock is negative.

Soma Textilei 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.