Stock analysis Soma Textiles & Industries Limited SOMATEX
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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 |
26 Fri Apr 2024 | 38.20 | 38.20 to 42.20 | -4.98% | 9.27 times |
25 Thu Apr 2024 | 40.20 | 39.10 to 40.20 | 4.96% | 6.5 times |
24 Wed Apr 2024 | 38.30 | 38.30 to 38.30 | 4.93% | 0.43 times |
23 Tue Apr 2024 | 36.50 | 36.50 to 36.50 | 4.89% | 0.44 times |
22 Mon Apr 2024 | 34.80 | 34.80 to 34.80 | 4.98% | 0.33 times |
19 Fri Apr 2024 | 33.15 | 33.15 to 33.15 | 4.91% | 0.81 times |
18 Thu Apr 2024 | 31.60 | 30.10 to 31.60 | 4.98% | 0.16 times |
16 Tue Apr 2024 | 30.10 | 29.25 to 31.00 | -0.99% | 0.38 times |
15 Mon Apr 2024 | 30.40 | 30.25 to 31.95 | -3.65% | 0.33 times |
12 Fri Apr 2024 | 31.55 | 31.05 to 32.15 | -1.41% | 0.29 times |
10 Wed Apr 2024 | 32.00 | 31.85 to 32.55 | 0.47% | 0.32 times |
09 Tue Apr 2024 | 31.85 | 31.25 to 33.00 | -0.31% | 0.48 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, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Soma Textiles & Industries Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Soma Textiles & Industries Limited stays above 36.9, but if it comes below 36.9, then a intra day sell could be more profitable.
If you take a sell trade below 36.9, then use 36.9 as stoploss and 34.31 as target. However if you take a buy trade in Soma Textiles & Industries Limited, then use 36.9 as stoploss and 40.1 as target.