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 2024-12-11 View latest technical analysis

10 day averaged volume of Soma Textilei is 71811

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	55.93	56.50	58.25	54.99	0.647 times
10 Tue Dec 2024	55.84	53.50	55.84	52.50	1.574 times
09 Mon Dec 2024	53.19	54.29	54.29	51.81	1.024 times
06 Fri Dec 2024	54.32	55.10	56.65	54.20	1.581 times
05 Thu Dec 2024	57.06	59.95	59.95	57.06	1.342 times
04 Wed Dec 2024	60.07	55.52	60.38	54.63	2.426 times
03 Tue Dec 2024	57.51	62.06	62.06	57.51	1.303 times
02 Fri Aug 2024	35.16	35.53	35.90	34.10	0.212 times
01 Thu Aug 2024	35.53	36.80	36.80	35.00	0.192 times
31 Wed Jul 2024	35.53	35.85	36.50	35.00	0.16 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.6, but if it comes below 52.6, then a intra day sell could be more profitable.
If you take a sell trade below 52.6, then use 52.6 as stoploss and 42.04 as target. However if you take a buy trade in stock , then use 52.6 as stoploss and 65.2 as target.

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	36.50
Downside Target	37.82
Downside Target	38.05
Downside Target	51.81
Downside Target	54.20
Upside Target	58.25
Upside Target	62.06

Intraday share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Intraday Target	52.41
Downside Intraday Target	48.89
Upside Intraday Target	58.85
Upside Intraday Target	61.77
Downside Intraday Target	55.33

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	55.93	54.29	58.25	51.81	0.488 times
06 Fri Dec 2024	54.32	62.06	62.06	54.20	6.058 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

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
11 Wed Dec 2024	55.93	62.06	62.06	51.81	24.503 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 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 Textilei ( (SOMATEX_BE) ) based on a short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 but buying is losing 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 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 55.6 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.