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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 2024-12-30 View latest technical analysis

10 day averaged volume of Soma Textilei is 28350

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	46.15	47.50	48.34	45.10	0.731 times
27 Fri Dec 2024	46.35	46.15	46.80	45.50	0.633 times
26 Thu Dec 2024	46.15	45.60	48.35	45.16	0.897 times
24 Tue Dec 2024	46.85	49.43	49.43	46.06	0.769 times
23 Mon Dec 2024	48.12	51.00	51.39	47.81	0.742 times
20 Fri Dec 2024	50.33	50.20	53.60	49.70	1.334 times
19 Thu Dec 2024	52.25	52.85	52.85	51.50	0.673 times
18 Wed Dec 2024	53.07	54.98	54.98	52.50	1.356 times
17 Tue Dec 2024	53.95	55.70	55.70	52.50	1.373 times
16 Mon Dec 2024	54.63	55.38	56.20	54.01	1.184 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.3, but if it comes above 46.3, then a intra day buy could be more profitable.
If you take a sell trade below 46.3, then use 46.3 as stoploss and 39.6 as target. However if you take a buy trade in stock , then use 46.3 as stoploss and 51.9 as target.

Share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Target	31.35
Downside Target	32.45
Downside Target	34.10
Downside Target	36.50
Downside Target	37.82
Downside Target	45.10
Upside Target	48.34
Upside Target	49.70
Upside Target	51.39
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	44.72
Downside Intraday Target	43.29
Upside Intraday Target	47.96
Upside Intraday Target	49.77
Upside Intraday Target	46.53

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	46.15	47.50	48.34	45.10	0.24 times
27 Fri Dec 2024	46.35	51.00	51.39	45.16	0.514 times
20 Fri Dec 2024	50.33	55.38	56.20	49.70	0.502 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

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
30 Mon Dec 2024	46.15	62.06	62.06	45.10	37.459 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Soma Textilei stock for short term is SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Soma Textilei in short term but BUY signal is weak.

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 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 50.48 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.