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Stock analysis Soma Textiles & Industries Limited SOMATEX

More indepth analysis on MunafaSutra.com

Moving Averages for Soma Textiles & Industries Limited

  • 5Day Average: 45.48
  • 12Day Average: 46.36
  • 20Day Average: 45.77
  • 50Day Average: 42.24
  • 100Day Average: 38.28
  • 150Day Average: 33.34
  • 200Day Average: 27.23

SOMATEX Indicators & signals

Indicator MACD (12,26,9)

45.73, 44.94, 1.25
Indicator MACD is in positive zone

Indicator ADX (14)

12.06, 19.22, 15.09
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SOMATEX Soma Textiles & Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 45.55 44.82 to 47.29 2.11% 0.3 times
18 Mon Nov 2024 44.61 44.21 to 47.30 -1.96% 0.29 times
14 Thu Nov 2024 45.50 44.50 to 47.70 1.47% 1 times
13 Wed Nov 2024 44.84 43.50 to 48.29 -4.37% 1.5 times
12 Tue Nov 2024 46.89 43.73 to 48.50 3.72% 0.71 times
11 Mon Nov 2024 45.21 43.46 to 48.48 -0.02% 0.74 times
08 Fri Nov 2024 45.22 44.23 to 47.29 -3.64% 0.47 times
07 Thu Nov 2024 46.93 45.59 to 49.65 -4.71% 1.21 times
06 Wed Nov 2024 49.25 48.15 to 52.28 -1.74% 0.93 times
05 Tue Nov 2024 50.12 44.60 to 53.50 10.76% 2.84 times
04 Mon Nov 2024 45.25 44.85 to 47.60 -3.64% 0.31 times
01 Fri Nov 2024 46.96 46.10 to 47.98 3.14% 0.15 times

Technical analysis forecast of Soma Textiles & Industries Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Soma Textiles & Industries Limited SOMATEX at this time. Stock is rising and might rise more.

It appears as if Soma Textiles & Industries Limited SOMATEX gave a large move recently.

Stock of Soma Textiles & Industries Limited (SOMATEX) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Soma Textiles & Industries Limited is bullish for shortterm, and stock might move up till 47.7 or till 50.5. Use a stoploss of 45.4 and if this stock hits its stoploss, then it can fall down till 43.07

More indepth analysis on MunafaSutra.com