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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 2024-07-10 View latest technical analysis

10 day averaged volume of Soma Textilei is 25229

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	34.67	35.70	36.48	33.70	0.607 times
09 Tue Jul 2024	34.84	33.30	35.25	33.11	2.441 times
08 Mon Jul 2024	33.58	34.32	34.80	33.51	0.31 times
05 Fri Jul 2024	34.32	33.30	34.74	33.30	0.942 times
04 Thu Jul 2024	33.30	33.90	33.90	33.10	1.466 times
03 Wed Jul 2024	33.92	33.25	34.40	32.56	2.014 times
02 Tue Jul 2024	34.00	34.55	34.77	33.60	0.304 times
01 Mon Jul 2024	34.55	34.40	35.00	33.60	0.844 times
28 Fri Jun 2024	34.05	33.62	34.50	33.62	0.758 times
27 Thu Jun 2024	33.61	33.55	34.35	33.55	0.393 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 35 as stoploss in an intra day sell trade for a target of 34.32. However, stock will show a bullish move above 35.

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
Downside Target	34.60
Upside Target	36.40
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	33.03
Downside Intraday Target	31.38
Upside Intraday Target	36.4
Upside Intraday Target	38.12
Upside Intraday Target	34.75

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	34.67	34.32	36.48	33.11	0.603 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
21 Fri Jun 2024	34.21	35.36	36.40	33.10	0.926 times
14 Fri Jun 2024	35.36	33.80	37.82	33.10	0.835 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 Wed Jul 2024	34.67	34.40	36.48	32.56	0.48 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 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 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 short 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 short to mid 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 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 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. Bulls are getting tired and bears are picking up momentum.

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

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 and the buying is gaining 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 34.18 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.