(SOMATEX) Soma Textiles complete technical analysis [charts+indicators] | Buy/Sell Soma Textiles | (SOMATEX) share price targets
Complete technical analysis of Soma Textiles (SOMATEX) by charts plus indicators, forecast predictions and share price targets for Soma Textiles (SOMATEX)
Soma Textiles trades in NSE in Textiles sector.
Showing technical analysis as on 2024-02-29 View latest technical analysis
10 day averaged volume of Soma Textiles is 71254
Date | Daily Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 26.30 | 28.90 | 28.90 | 26.20 | 10.404 times |
28 Wed Feb 2024 | 27.55 | 27.55 | 27.55 | 27.55 | 1.813 times |
27 Tue Feb 2024 | 26.25 | 26.25 | 26.25 | 26.25 | 0.239 times |
26 Mon Feb 2024 | 25.00 | 25.00 | 25.00 | 25.00 | 0.387 times |
23 Fri Feb 2024 | 23.85 | 22.85 | 23.85 | 22.85 | 0.514 times |
22 Thu Feb 2024 | 22.75 | 23.05 | 23.25 | 22.40 | 0.28 times |
21 Wed Feb 2024 | 23.25 | 25.25 | 25.25 | 23.25 | 0.741 times |
20 Tue Feb 2024 | 24.45 | 26.90 | 26.95 | 24.45 | 1.82 times |
19 Mon Feb 2024 | 25.70 | 25.70 | 25.70 | 25.70 | 0.403 times |
06 Tue Jun 2023 | 27.30 | 26.60 | 27.30 | 26.10 | 3.09 times |
Stock of Soma Textiles (SOMATEX) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 26.1, but if it comes below 26.1, then a intra day sell could be more profitable.
If you take a sell trade below 26.1, then use 26.1 as stoploss and 24.19 as target. However if you take a buy trade in stock , then use 26.1 as stoploss and 28.4 as target.
Share price targets for Soma Textiles (SOMATEX)
Target Type | Value |
Downside Target | 8.55 |
Downside Target | 9.00 |
Downside Target | 10.00 |
Downside Target | 20.35 |
Downside Target | 21.40 |
Downside Target | 22.05 |
Downside Target | 23.05 |
Downside Target | 24.80 |
Downside Target | 25.60 |
Upside Target | 26.95 |
Upside Target | 27.30 |
Upside Target | 28.90 |
Intraday share price targets for Soma Textiles (SOMATEX)
Target Type | Value |
Downside Intraday Target | 24.57 |
Downside Intraday Target | 22.83 |
Upside Intraday Target | 28.47 |
Upside Intraday Target | 30.63 |
Upside Intraday Target | 26.73 |
Weekly technical analysis of Soma Textiles (SOMATEX)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 26.30 | 25.00 | 28.90 | 25.00 | 3.416 times |
23 Fri Feb 2024 | 23.85 | 25.70 | 26.95 | 22.40 | 0.989 times |
06 Tue Jun 2023 | 27.30 | 25.60 | 27.30 | 25.60 | 0.222 times |
02 Fri Jun 2023 | 24.80 | 20.35 | 24.80 | 20.35 | 2.268 times |
26 Fri May 2023 | 21.40 | 22.05 | 24.90 | 21.40 | 0.407 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Soma Textiles (SOMATEX)
Date | Monthly Closing Price | Open | High | Low | Volume |
29 Thu Feb 2024 | 26.30 | 25.70 | 28.90 | 22.40 | 1.846 times |
06 Tue Jun 2023 | 27.30 | 23.65 | 27.30 | 23.05 | 0.47 times |
31 Wed May 2023 | 22.55 | 24.90 | 24.90 | 20.35 | 0.497 times |
27 Mon Feb 2023 | 22.05 | 9.25 | 22.05 | 9.00 | 4.456 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Soma Textiles (SOMATEX)
Price action analysis of Soma Textiles ( (SOMATEX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Soma Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Soma Textiles in short term but the sell signal is initial and weak.
Soma Textiles 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 coming down
CCI has generated a SELL signal for Soma Textiles in short term but SELL 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 Textiles is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 26.13 and Soma Textiles (SOMATEX) 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 Textiles (SOMATEX) stock. Volume based technical analysis of Soma Textiles (SOMATEX) stock is negative.
Soma Textiles 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.
Price action analysis of Soma Textiles ( (SOMATEX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Soma Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Soma Textiles in short term but the sell signal is initial and weak.
Soma Textiles 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 coming down
CCI has generated a SELL signal for Soma Textiles in short term but SELL 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 Textiles is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 26.13 and Soma Textiles (SOMATEX) 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 Textiles (SOMATEX) stock. Volume based technical analysis of Soma Textiles (SOMATEX) stock is negative.
Soma Textiles 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.
Click here for Soma Textiles charts
Click here for further forecast and predictions for tomorrow
Daily charts
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