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(AKSHAR) Akshar Spintex complete technical analysis [charts+indicators] | Buy/Sell Akshar Spintex | (AKSHAR) share price targets

Complete technical analysis of Akshar Spintex (AKSHAR) by charts plus indicators, forecast predictions and share price targets for Akshar Spintex (AKSHAR)

Showing technical analysis as on 2023-12-12 View latest technical analysis

10 day averaged volume of Akshar Spintex is 9150036

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	6.80	6.80	6.85	6.70	0.122 times
11 Mon Dec 2023	6.70	6.55	6.90	6.50	0.377 times
08 Fri Dec 2023	6.70	7.15	7.30	6.35	2.171 times
07 Thu Dec 2023	7.00	6.50	7.15	6.25	0.563 times
06 Wed Dec 2023	6.50	6.75	7.15	6.50	0.825 times
05 Tue Dec 2023	6.85	7.25	7.30	6.85	1.04 times
04 Mon Dec 2023	7.20	7.80	7.90	7.20	1.836 times
01 Fri Dec 2023	7.55	7.50	7.55	7.30	0.564 times
30 Thu Nov 2023	7.20	6.85	7.20	6.85	0.512 times
29 Wed Nov 2023	6.90	7.45	7.60	6.90	1.469 times

My analysis of stock is bearish for shortterm, and stock might move down till 6.5 or till 6. Use a stoploss of 6.88 and if the stock hits stoploss, then it can shoot up till 7.28

Share price targets for Akshar Spintex (AKSHAR)

Target Type	Value
Downside Target	6.00
Downside Target	6.25
Downside Target	6.50
Downside Target	6.65
Upside Target	6.85
Upside Target	7.45
Upside Target	7.60
Upside Target	7.85
Upside Target	7.90
Upside Target	64.05
Upside Target	65.00
Upside Target	72.10
Upside Target	72.30

Intraday share price targets for Akshar Spintex (AKSHAR)

Target Type	Value
Downside Intraday Target	6.57
Downside Intraday Target	6.33
Upside Intraday Target	6.97
Upside Intraday Target	7.13
Downside Intraday Target	6.73

Weekly technical analysis of Akshar Spintex (AKSHAR)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	6.80	6.55	6.90	6.50	0.077 times
08 Fri Dec 2023	6.70	7.80	7.90	6.25	2.019 times
01 Fri Dec 2023	7.55	7.15	7.60	6.85	0.75 times
24 Fri Nov 2023	7.15	6.70	7.85	6.65	6.268 times
17 Fri Nov 2023	6.40	6.50	6.70	6.00	0.247 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 Akshar Spintex (AKSHAR)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	6.80	7.50	7.90	6.25	0.726 times
30 Thu Nov 2023	7.20	7.40	7.85	6.00	27.615 times
31 Tue Oct 2023	7.20	6.15	7.45	6.10	13.739 times
07 Wed Jun 2023	67.85	67.45	72.30	65.00	7.886 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 Akshar Spintex (AKSHAR)

Price action analysis of Akshar Spintex ( (AKSHAR) ) 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 Akshar Spintex ( (AKSHAR) ) based on a short 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.

Price action analysis of Akshar Spintex ( (AKSHAR) ) based on a short to mid 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.

Price action analysis of Akshar Spintex ( (AKSHAR) ) 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 Akshar Spintex stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Akshar Spintex in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Akshar Spintex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Akshar Spintex in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Akshar Spintex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.92 and Akshar Spintex (AKSHAR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Akshar Spintex (AKSHAR) stock. Volume based technical analysis of Akshar Spintex (AKSHAR) stock is negative.

Akshar Spintex Stock has given negative 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.