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(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 2024-12-18 View latest technical analysis

10 day averaged volume of Soma Textilei is 79068

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	53.07	54.98	54.98	52.50	0.486 times
17 Tue Dec 2024	53.95	55.70	55.70	52.50	0.492 times
16 Mon Dec 2024	54.63	55.38	56.20	54.01	0.425 times
13 Fri Dec 2024	55.38	54.90	55.75	53.56	0.373 times
12 Thu Dec 2024	55.62	55.70	56.66	53.13	0.905 times
11 Wed Dec 2024	55.93	56.50	58.25	54.99	0.587 times
10 Tue Dec 2024	55.84	53.50	55.84	52.50	1.43 times
09 Mon Dec 2024	53.19	54.29	54.29	51.81	0.93 times
06 Fri Dec 2024	54.32	55.10	56.65	54.20	1.436 times
05 Thu Dec 2024	57.06	59.95	59.95	57.06	1.219 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 57.5 as stoploss in an intra day sell trade for a target of 47.21. However, stock will show a bullish move above 57.5.

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	51.81
Downside Target	52.50
Upside Target	54.20
Upside Target	56.20
Upside Target	58.25
Upside Target	62.06

Intraday share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Intraday Target	51.65
Downside Intraday Target	50.22
Upside Intraday Target	55.35
Upside Intraday Target	57.62
Upside Intraday Target	53.92

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	53.07	55.38	56.20	52.50	0.332 times
13 Fri Dec 2024	55.38	54.29	58.25	51.81	0.699 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

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 Textilei (SOMATEX_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	53.07	62.06	62.06	51.81	31.812 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 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 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 Textilei ( (SOMATEX_BE) ) 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 Textilei ( (SOMATEX_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Soma Textilei stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Soma Textilei in short term but the sell signal is initial and weak.

Soma Textilei Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 Textilei in short term and SELL 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.08 and Soma Textilei (SOMATEX_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.