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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 2025-01-29 View latest technical analysis

10 day averaged volume of Soma Textilei is 13844

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	40.05	39.76	40.40	38.90	0.592 times
28 Tue Jan 2025	38.79	39.56	40.90	37.58	1.237 times
27 Mon Jan 2025	39.56	40.49	40.99	39.05	0.904 times
24 Fri Jan 2025	40.49	41.27	42.32	40.25	1.319 times
23 Thu Jan 2025	42.32	42.47	43.48	42.17	0.3 times
22 Wed Jan 2025	42.47	43.00	44.95	42.17	1.119 times
21 Tue Jan 2025	44.39	46.45	46.45	43.00	1.508 times
20 Mon Jan 2025	44.37	42.98	44.37	42.98	0.937 times
17 Fri Jan 2025	42.26	42.05	43.99	41.84	0.743 times
16 Thu Jan 2025	42.19	42.45	44.00	42.00	0.857 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.2, but if it comes above 40.2, then a intra day buy could be more profitable.
If you take a sell trade below 40.2, then use 40.2 as stoploss and 38 as target. However if you take a buy trade in stock , then use 40.2 as stoploss and 42.15 as target.

Share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Target	32.45
Downside Target	34.10
Downside Target	36.50
Downside Target	37.58
Downside Target	38.80
Downside Target	40.01
Upside Target	44.00
Upside Target	45.10
Upside Target	46.45
Upside Target	47.47
Upside Target	47.74
Upside Target	48.34
Upside Target	62.06

Intraday share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Intraday Target	38.09
Downside Intraday Target	36.13
Upside Intraday Target	41.5
Upside Intraday Target	42.95
Downside Intraday Target	39.54

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	40.05	40.49	40.99	37.58	0.527 times
24 Fri Jan 2025	40.49	42.98	46.45	40.25	0.867 times
17 Fri Jan 2025	42.26	40.69	44.00	38.80	0.538 times
10 Fri Jan 2025	40.78	46.30	47.47	40.01	1.02 times
03 Fri Jan 2025	45.21	47.50	48.34	44.70	1.751 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
29 Wed Jan 2025	40.05	46.80	47.74	37.58	0.424 times
31 Tue Dec 2024	46.89	62.06	62.06	45.10	37.845 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

Scroll below to view daily charts

Price has moved down 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 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 Strong and stock is gaining momentum.

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

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 red color and prices are below the red cloud Prices appear to be moving up

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 but buying is losing 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 41.74 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.