(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 2024-04-18 View latest technical analysis
10 day averaged volume of Soma Textiles is 23618
Date | Daily Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 31.60 | 30.10 | 31.60 | 30.10 | 0.355 times |
16 Tue Apr 2024 | 30.10 | 30.00 | 31.00 | 29.25 | 0.851 times |
15 Mon Apr 2024 | 30.40 | 31.95 | 31.95 | 30.25 | 0.731 times |
12 Fri Apr 2024 | 31.55 | 32.15 | 32.15 | 31.05 | 0.652 times |
10 Wed Apr 2024 | 32.00 | 32.35 | 32.55 | 31.85 | 0.707 times |
09 Tue Apr 2024 | 31.85 | 31.25 | 33.00 | 31.25 | 1.073 times |
08 Mon Apr 2024 | 31.95 | 33.50 | 33.85 | 31.70 | 1.878 times |
05 Fri Apr 2024 | 32.85 | 33.50 | 34.00 | 32.60 | 0.911 times |
04 Thu Apr 2024 | 33.20 | 33.20 | 34.55 | 33.05 | 0.689 times |
03 Wed Apr 2024 | 33.50 | 33.95 | 33.95 | 33.00 | 0.9 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 31.4 as stoploss in an intra day buy trade for a target of 33.22. However, stock will show a bearish move below 31.4.
Share price targets for Soma Textiles (SOMATEX)
Target Type | Value |
Downside Target | 20.35 |
Downside Target | 22.40 |
Downside Target | 23.05 |
Downside Target | 24.90 |
Downside Target | 27.10 |
Downside Target | 28.90 |
Downside Target | 31.05 |
Upside Target | 31.95 |
Upside Target | 32.60 |
Upside Target | 33.30 |
Upside Target | 35.25 |
Upside Target | 37.50 |
Intraday share price targets for Soma Textiles (SOMATEX)
Target Type | Value |
Downside Intraday Target | 29.92 |
Downside Intraday Target | 28.23 |
Upside Intraday Target | 32.62 |
Upside Intraday Target | 33.63 |
Downside Intraday Target | 30.93 |
Weekly technical analysis of Soma Textiles (SOMATEX)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 31.60 | 31.95 | 31.95 | 29.25 | 0.45 times |
12 Fri Apr 2024 | 31.55 | 33.50 | 33.85 | 31.05 | 0.731 times |
05 Fri Apr 2024 | 32.85 | 34.90 | 35.25 | 32.60 | 0.691 times |
28 Thu Mar 2024 | 33.60 | 37.50 | 37.50 | 33.30 | 0.474 times |
22 Fri Mar 2024 | 36.55 | 29.05 | 37.50 | 29.05 | 0.844 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 Textiles (SOMATEX)
Date | Monthly Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 31.60 | 34.90 | 35.25 | 29.25 | 0.186 times |
28 Thu Mar 2024 | 33.60 | 27.60 | 37.50 | 27.10 | 1.3 times |
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 |
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 Textiles (SOMATEX)
Price action analysis of Soma Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles stock for short term is SELL. 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 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 moving up
CCI has generated a buy signal for Soma Textiles 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 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 31.94 and Soma Textiles (SOMATEX) 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 Textiles (SOMATEX) stock. Volume based technical analysis of Soma Textiles (SOMATEX) stock is negative.
Soma Textiles 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.
Price action analysis of Soma Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles ( (SOMATEX) ) 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 Textiles stock for short term is SELL. 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 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 moving up
CCI has generated a buy signal for Soma Textiles 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 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 31.94 and Soma Textiles (SOMATEX) 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 Textiles (SOMATEX) stock. Volume based technical analysis of Soma Textiles (SOMATEX) stock is negative.
Soma Textiles 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.
Click here for Soma Textiles charts
Click here for further forecast and predictions for tomorrow
Daily charts
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