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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)

10 day averaged volume of Soma Textilei is 14000

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	34.01	34.75	34.75	33.54	0.76 times
25 Thu Jul 2024	34.00	33.20	34.25	33.20	1.368 times
24 Wed Jul 2024	33.20	33.64	33.76	33.15	0.296 times
23 Tue Jul 2024	33.64	33.38	34.39	32.81	0.207 times
22 Mon Jul 2024	33.38	34.24	34.24	32.60	1.594 times
19 Fri Jul 2024	34.24	33.60	34.74	33.60	0.213 times
18 Thu Jul 2024	34.01	33.98	34.75	33.60	0.666 times
16 Tue Jul 2024	33.98	33.41	34.69	32.80	1.901 times
15 Mon Jul 2024	33.41	35.10	35.10	33.14	0.725 times
12 Fri Jul 2024	34.40	34.99	35.00	33.80	2.002 times

My analysis of stock is bullish for shortterm, and stock might move up till 34.4 or till 35. Use a stoploss of 33.99 and if this stock hits its stoploss, then it can fall down till 33.54

Share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Target	20.85
Downside Target	26.65
Downside Target	31.35
Downside Target	32.45
Upside Target	34.60
Upside Target	35.00
Upside Target	35.10
Upside Target	36.48
Upside Target	37.82
Upside Target	38.05
Upside Target	39.90

Intraday share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Intraday Target	32.82
Downside Intraday Target	31.64
Upside Intraday Target	34.97
Upside Intraday Target	35.94
Downside Intraday Target	33.79

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	34.01	34.24	34.75	32.60	1.206 times
19 Fri Jul 2024	34.24	35.10	35.10	32.80	0.386 times
12 Fri Jul 2024	34.40	34.32	36.48	33.11	0.905 times
05 Fri Jul 2024	34.32	34.40	35.00	32.56	1.945 times
28 Fri Jun 2024	34.05	34.88	34.88	33.15	0.613 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
26 Fri Jul 2024	34.01	34.40	36.48	32.56	0.801 times
28 Fri Jun 2024	34.05	34.00	37.82	32.45	0.606 times
31 Fri May 2024	34.00	33.25	38.05	31.35	8.883 times
30 Tue Apr 2024	34.60	39.90	39.90	34.60	0.176 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Soma Textilei ( (SOMATEX_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Soma Textilei stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Soma Textilei 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 Textilei Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.91 and Soma Textilei (SOMATEX_BE) 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 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.