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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 2024-02-13 View latest technical analysis

10 day averaged volume of Soma Textilei is 38484

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	22.15	22.20	22.20	22.15	0.275 times
12 Mon Feb 2024	23.30	23.30	25.40	23.30	0.798 times
09 Fri Feb 2024	24.50	26.65	26.65	24.50	0.817 times
08 Thu Feb 2024	25.75	25.75	25.75	25.20	2.028 times
07 Wed Feb 2024	24.55	24.40	24.55	24.00	1.75 times
06 Tue Feb 2024	23.40	23.40	23.40	21.25	3.563 times
05 Mon Feb 2024	22.30	22.20	22.30	22.20	0.462 times
02 Fri Feb 2024	21.25	21.20	21.25	21.20	0.223 times
01 Thu Feb 2024	20.85	20.85	20.85	20.85	0.096 times
31 Wed Jan 2024	20.45	20.45	20.45	20.45	0.042 times

My analysis of stock is bullish for shortterm, and stock might move up till 23.5 or till 25.6. Use a stoploss of 21.7 and if this stock hits its stoploss, then it can fall down till 19.94

Share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Target	18.30
Downside Target	18.80
Downside Target	20.50
Downside Target	21.95
Downside Target	22.15
Upside Target	22.60
Upside Target	23.25
Upside Target	23.80
Upside Target	25.40
Upside Target	26.65

Intraday share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Intraday Target	21.07
Downside Intraday Target	19.98
Upside Intraday Target	24.32
Upside Intraday Target	26.48
Upside Intraday Target	23.23

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	22.15	23.30	25.40	22.15	0.124 times
09 Fri Feb 2024	24.50	22.20	26.65	21.25	8.042 times
02 Fri Feb 2024	21.25	19.45	21.25	19.45	1.454 times
25 Thu Jan 2024	19.35	20.50	20.50	19.30	0.98 times
19 Fri Jan 2024	20.90	22.30	22.60	20.90	0.831 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
13 Tue Feb 2024	22.15	20.85	26.65	20.85	2.216 times
31 Wed Jan 2024	20.45	22.30	22.60	19.30	0.38 times
29 Fri Dec 2023	21.90	19.95	23.80	18.80	1.345 times
30 Thu Nov 2023	19.65	20.15	21.95	19.00	1.164 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Soma Textilei ( (SOMATEX_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Soma Textilei ( (SOMATEX_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 Strong and stock is losing momentum.

MACD generated a BUY signal for Soma Textilei in short term and the buy signal is strong.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Soma Textilei in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 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 23.99 and Soma Textilei (SOMATEX_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.