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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 2024-06-10 View latest technical analysis

10 day averaged volume of Soma Textilei is 30594

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	34.31	33.80	34.45	33.10	0.501 times
07 Fri Jun 2024	33.80	33.10	34.45	33.10	0.189 times
06 Thu Jun 2024	33.50	33.50	34.50	33.00	0.149 times
05 Wed Jun 2024	33.50	33.35	34.60	32.55	0.864 times
04 Tue Jun 2024	33.35	34.00	35.35	32.45	3.071 times
03 Mon Jun 2024	34.10	34.00	35.00	33.20	0.703 times
31 Fri May 2024	34.00	34.00	34.95	33.50	1.237 times
30 Thu May 2024	33.65	35.00	35.00	33.60	0.363 times
29 Wed May 2024	34.00	33.50	34.85	33.00	0.919 times
28 Tue May 2024	33.65	33.75	34.35	33.50	0.931 times

My analysis of stock is bullish for shortterm, and stock might move up till 35.3 or till 36.4. Use a stoploss of 34.27 and if this stock hits its stoploss, then it can fall down till 33.28

Share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Target	19.30
Downside Target	20.85
Downside Target	22.60
Downside Target	26.65
Downside Target	31.35
Downside Target	32.20
Upside Target	34.45
Upside Target	35.35
Upside Target	37.50
Upside Target	38.05
Upside Target	39.90

Intraday share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Intraday Target	33.46
Downside Intraday Target	32.6
Upside Intraday Target	34.81
Upside Intraday Target	35.3
Downside Intraday Target	33.95

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	34.31	33.80	34.45	33.10	0.101 times
07 Fri Jun 2024	33.80	34.00	35.35	32.45	0.991 times
31 Fri May 2024	34.00	32.75	35.00	32.75	0.76 times
24 Fri May 2024	34.45	34.55	38.05	32.20	1.308 times
18 Sat May 2024	32.95	33.85	37.50	32.50	0.744 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 Textilei (SOMATEX_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	34.31	34.00	35.35	32.45	0.216 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
16 Fri Feb 2024	24.50	20.85	26.65	20.85	2.853 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 Textilei (SOMATEX_BE)

Price action analysis of Soma Textilei ( (SOMATEX_BE) ) 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 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 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 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 Textilei stock for short term is SELL. 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.

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 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 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 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 33.69 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 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 positive

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