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(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 2024-11-25 View latest technical analysis

10 day averaged volume of Soma Textiles is 142330

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	46.19	45.19	46.99	44.40	0.732 times
22 Fri Nov 2024	44.08	44.00	45.37	43.80	0.209 times
21 Thu Nov 2024	43.87	46.70	46.70	43.16	0.789 times
19 Tue Nov 2024	45.55	45.45	47.29	44.82	0.429 times
18 Mon Nov 2024	44.61	46.20	47.30	44.21	0.424 times
14 Thu Nov 2024	45.50	45.45	47.70	44.50	1.444 times
13 Wed Nov 2024	44.84	47.00	48.29	43.50	2.171 times
12 Tue Nov 2024	46.89	45.45	48.50	43.73	1.023 times
11 Mon Nov 2024	45.21	45.45	48.48	43.46	1.072 times
08 Fri Nov 2024	45.22	46.06	47.29	44.23	0.684 times

My analysis of stock is bullish for shortterm, and stock might move up till 47.5 or till 49.4. Use a stoploss of 45.85 and if this stock hits its stoploss, then it can fall down till 44.25

Share price targets for Soma Textiles (SOMATEX)

Target Type	Value
Downside Target	29.25
Downside Target	32.21
Downside Target	34.55
Downside Target	35.25
Downside Target	36.50
Downside Target	42.20
Upside Target	46.99
Upside Target	47.30
Upside Target	48.50
Upside Target	49.50
Upside Target	53.50
Upside Target	55.30

Intraday share price targets for Soma Textiles (SOMATEX)

Target Type	Value
Downside Intraday Target	44.73
Downside Intraday Target	43.27
Upside Intraday Target	47.32
Upside Intraday Target	48.45
Downside Intraday Target	45.86

Weekly technical analysis of Soma Textiles (SOMATEX)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	46.19	45.19	46.99	44.40	0.396 times
22 Fri Nov 2024	44.08	46.20	47.30	43.16	0.324 times
14 Thu Nov 2024	45.50	45.45	48.50	43.46	0.684 times
08 Fri Nov 2024	45.22	47.60	53.50	44.23	1.498 times
01 Fri Nov 2024	46.96	46.50	49.50	42.57	0.314 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
25 Mon Nov 2024	46.19	47.98	53.50	43.16	0.272 times
31 Thu Oct 2024	45.53	43.38	55.30	35.25	3.397 times
30 Mon Sep 2024	43.54	36.49	43.57	34.55	2.281 times
30 Fri Aug 2024	35.07	35.00	36.50	32.21	0.934 times

Scroll below to view daily charts

Price has moved up 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 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 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 Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.28 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 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 negative.

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