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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 2024-06-19 View latest technical analysis

10 day averaged volume of Soma Textilei is 27394

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	34.79	34.05	35.45	34.05	0.55 times
18 Tue Jun 2024	34.09	35.36	36.10	34.00	0.584 times
14 Fri Jun 2024	35.36	34.25	36.20	34.25	0.724 times
13 Thu Jun 2024	35.37	36.00	36.00	35.00	0.34 times
12 Wed Jun 2024	35.94	37.80	37.82	35.10	1.409 times
11 Tue Jun 2024	36.02	35.05	36.02	34.51	1.609 times
10 Mon Jun 2024	34.31	33.80	34.45	33.10	0.56 times
07 Fri Jun 2024	33.80	33.10	34.45	33.10	0.212 times
06 Thu Jun 2024	33.50	33.50	34.50	33.00	0.167 times
05 Wed Jun 2024	33.50	33.35	34.60	32.55	0.965 times

My analysis of stock is bullish for shortterm, and stock might move up till 35.5 or till 36.7. Use a stoploss of 34.49 and if this stock hits its stoploss, then it can fall down till 33.5

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
Downside Target	34.00
Upside Target	36.10
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	33.83
Downside Intraday Target	32.86
Upside Intraday Target	35.93
Upside Intraday Target	37.06
Upside Intraday Target	34.96

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	34.79	35.36	36.10	34.00	0.244 times
14 Fri Jun 2024	35.36	33.80	37.82	33.10	0.835 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

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
19 Wed Jun 2024	34.79	34.00	37.82	32.45	0.401 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 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 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 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.

Price action analysis of Soma Textilei ( (SOMATEX_BE) ) 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 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.

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 moving up

CCI has generated a buy signal for Soma Textilei in short term and BUY 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

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 35.05 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 positive

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