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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 2024-07-29 View latest technical analysis

10 day averaged volume of Soma Textilei is 13625

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	35.09	34.69	35.40	34.00	1.836 times
26 Fri Jul 2024	34.01	34.75	34.75	33.54	0.781 times
25 Thu Jul 2024	34.00	33.20	34.25	33.20	1.406 times
24 Wed Jul 2024	33.20	33.64	33.76	33.15	0.305 times
23 Tue Jul 2024	33.64	33.38	34.39	32.81	0.213 times
22 Mon Jul 2024	33.38	34.24	34.24	32.60	1.638 times
19 Fri Jul 2024	34.24	33.60	34.74	33.60	0.218 times
18 Thu Jul 2024	34.01	33.98	34.75	33.60	0.684 times
16 Tue Jul 2024	33.98	33.41	34.69	32.80	1.954 times
15 Mon Jul 2024	33.41	35.10	35.10	33.14	0.745 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 35.2, for a target of 34.5 or 34.04

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	34.00
Upside Target	35.10
Upside Target	35.40
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	34.26
Downside Intraday Target	33.43
Upside Intraday Target	35.66
Upside Intraday Target	36.23
Downside Intraday Target	34.83

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	35.09	34.69	35.40	34.00	0.423 times
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

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
29 Mon Jul 2024	35.09	34.40	36.48	32.56	0.854 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 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 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 Strong and stock is gaining momentum.

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

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining 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 34.03 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 negative.

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