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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 2024-08-02 View latest technical analysis

10 day averaged volume of Soma Textilei is 12575

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	35.16	35.53	35.90	34.10	1.213 times
01 Thu Aug 2024	35.53	36.80	36.80	35.00	1.094 times
31 Wed Jul 2024	35.53	35.85	36.50	35.00	0.912 times
30 Tue Jul 2024	35.17	36.50	36.50	35.00	1.063 times
29 Mon Jul 2024	35.09	34.69	35.40	34.00	1.989 times
26 Fri Jul 2024	34.01	34.75	34.75	33.54	0.846 times
25 Thu Jul 2024	34.00	33.20	34.25	33.20	1.523 times
24 Wed Jul 2024	33.20	33.64	33.76	33.15	0.33 times
23 Tue Jul 2024	33.64	33.38	34.39	32.81	0.231 times
22 Mon Jul 2024	33.38	34.24	34.24	32.60	1.775 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 35, but if it comes below 35, then a intra day sell could be more profitable.
If you take a sell trade below 35, then use 35 as stoploss and 34.32 as target. However if you take a buy trade in stock , then use 35 as stoploss and 35.9 as target.

Share price targets for Soma Textilei (SOMATEX_BE)

Target Type	Value
Downside Target	31.35
Downside Target	32.45
Downside Target	34.00
Downside Target	35.10
Upside Target	36.48
Upside Target	36.50
Upside Target	36.80
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	33.84
Downside Intraday Target	32.52
Upside Intraday Target	36.64
Upside Intraday Target	38.12
Upside Intraday Target	35.32

Weekly technical analysis of Soma Textilei (SOMATEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	35.16	34.69	36.80	34.00	1.333 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
02 Fri Aug 2024	35.16	36.80	36.80	34.10	0.068 times
31 Wed Jul 2024	35.53	34.40	36.50	32.56	0.907 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

Scroll below to view daily charts

Price has moved down 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 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 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 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 losing 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 tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Soma Textilei in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 34.59 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.