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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 2024-07-22 View latest technical analysis

10 day averaged volume of Akshar Spintex is 3085264

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	2.13	2.24	2.25	2.12	1.395 times
19 Fri Jul 2024	2.20	2.21	2.31	2.19	2.019 times
18 Thu Jul 2024	2.31	2.44	2.44	2.31	1.692 times
16 Tue Jul 2024	2.44	2.48	2.48	2.43	0.334 times
15 Mon Jul 2024	2.44	2.50	2.50	2.43	0.553 times
12 Fri Jul 2024	2.48	2.56	2.58	2.47	0.634 times
11 Thu Jul 2024	2.56	2.59	2.59	2.53	0.441 times
10 Wed Jul 2024	2.57	2.61	2.61	2.57	0.385 times
09 Tue Jul 2024	2.59	2.58	2.61	2.56	0.343 times
08 Mon Jul 2024	2.58	2.66	2.66	2.57	0.598 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 0.9 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 3.56 as target.

Share price targets for Akshar Spintex (AKSHAR)

Target Type	Value
Downside Target	2.12
Upside Target	2.19
Upside Target	2.25
Upside Target	2.47
Upside Target	2.66
Upside Target	3.85
Upside Target	4.40
Upside Target	5.80
Upside Target	6.00
Upside Target	6.10
Upside Target	7.45
Upside Target	7.85
Upside Target	7.90

Intraday share price targets for Akshar Spintex (AKSHAR)

Target Type	Value
Downside Intraday Target	2.08
Downside Intraday Target	2.04
Upside Intraday Target	2.21
Upside Intraday Target	2.3
Upside Intraday Target	2.17

Weekly technical analysis of Akshar Spintex (AKSHAR)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	2.13	2.24	2.25	2.12	0.303 times
19 Fri Jul 2024	2.20	2.50	2.50	2.19	1.914 times
12 Fri Jul 2024	2.48	2.66	2.66	2.47	0.224 times
04 Thu Jan 2024	4.40	4.30	4.40	3.85	0.217 times
29 Fri Dec 2023	4.40	5.60	5.80	4.40	0.673 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 Akshar Spintex (AKSHAR)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	2.13	2.66	2.66	2.12	0.784 times
04 Thu Jan 2024	4.40	4.30	4.40	3.85	0.073 times
29 Fri Dec 2023	4.40	7.50	7.90	4.40	4.811 times
30 Thu Nov 2023	7.20	7.40	7.85	6.00	27.615 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 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 Strong 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 weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Akshar Spintex in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.34 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.