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(LOYALTEX) Loyal Textile complete technical analysis [charts+indicators] | Buy/Sell Loyal Textile | (LOYALTEX) share price targets

Complete technical analysis of Loyal Textile (LOYALTEX) by charts plus indicators, forecast predictions and share price targets for Loyal Textile (LOYALTEX)

10 day averaged volume of Loyal Textile is 1653

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 589.95 568.05 609.00 568.05 0.155 times
17 Fri May 2024 591.05 587.90 602.55 583.90 1.293 times
16 Thu May 2024 587.90 574.00 592.00 574.00 0.435 times
15 Wed May 2024 575.90 575.00 584.50 569.95 0.552 times
14 Tue May 2024 572.15 570.00 586.05 562.00 0.454 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 588.7, but if it comes below 588.7, then a intra day sell could be more profitable.
If you take a sell trade below 588.7, then use 588.7 as stoploss and 575.75 as target. However if you take a buy trade in stock , then use 588.7 as stoploss and 604.2 as target.

Share price targets for Loyal Textile (LOYALTEX)

Target Type Value
Downside Target 484.20
Downside Target 501.10
Downside Target 547.75
Downside Target 583.35
Upside Target 600.00
Upside Target 619.70
Upside Target 629.95
Upside Target 630.00
Upside Target 679.00
Upside Target 701.10
Upside Target 729.00

Intraday share price targets for Loyal Textile (LOYALTEX)

Target Type Value
Downside Intraday Target 569
Downside Intraday Target 548.05
Upside Intraday Target 609.95
Upside Intraday Target 629.95
Downside Intraday Target 589

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 589.95 568.05 609.00 568.05 0.046 times
17 Fri May 2024 591.05 562.50 602.55 551.80 0.428 times
10 Fri May 2024 559.70 592.05 619.70 550.00 1.351 times
03 Fri May 2024 589.35 560.00 629.95 559.80 1.028 times
26 Fri Apr 2024 570.20 568.15 583.35 547.75 3.597 times

Price has moved down 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 Loyal Textile (LOYALTEX)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 589.95 568.15 629.95 550.00 0.601 times
30 Tue Apr 2024 565.50 525.00 630.00 501.10 0.138 times
28 Thu Mar 2024 514.60 617.40 679.00 484.20 14.949 times
29 Thu Feb 2024 618.90 648.95 729.00 600.00 1.288 times

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 Loyal Textile (LOYALTEX)

Indicator Name Indicator Value Indicator Signal
ADX 17, 15, 6 Buy
MACD 2, -2Buy
Stochastics 57None
CCI 73Sell
RSI 50Sell
OBV -1185Sell
VWAP 578Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile ( (LOYALTEX) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Loyal Textile stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Loyal Textile 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.

Loyal Textile 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 coming down

CCI has generated a SELL signal for Loyal Textile 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 Loyal Textile is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 577.53 and Loyal Textile (LOYALTEX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Loyal Textile (LOYALTEX) stock. Volume based technical analysis of Loyal Textile (LOYALTEX) stock is negative.

Loyal Textile 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.

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Click here for further forecast and predictions for tomorrow

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