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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 2024-08-27 View latest technical analysis

10 day averaged volume of Akshar Spintex is 7390965

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	1.84	1.84	1.84	1.84	0.166 times
26 Mon Aug 2024	1.76	1.76	1.76	1.76	0.092 times
23 Fri Aug 2024	1.60	1.58	1.60	1.58	0.096 times
22 Thu Aug 2024	2.20	2.24	2.26	2.15	0.532 times
21 Wed Aug 2024	2.24	2.38	2.38	2.13	1.003 times
20 Tue Aug 2024	2.26	2.13	2.27	2.10	1.026 times
19 Mon Aug 2024	2.07	2.05	2.08	2.01	0.718 times
16 Fri Aug 2024	1.98	2.00	2.00	1.93	0.552 times
14 Wed Aug 2024	1.95	2.02	2.03	1.93	0.377 times
13 Tue Aug 2024	1.99	2.03	2.03	1.95	0.412 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.9, but if it comes above 1.9, then a intra day buy could be more profitable.
If you take a sell trade below 1.9, then use 1.9 as stoploss and 1.6 as target. However if you take a buy trade in stock , then use 1.9 as stoploss and 2.16 as target.

Share price targets for Akshar Spintex (AKSHAR)

Target Type	Value
Downside Target	1.58
Downside Target	1.76
Downside Target	1.84
Upside Target	1.93
Upside Target	2.09
Upside Target	2.30
Upside Target	2.38
Upside Target	2.67
Upside Target	3.85
Upside Target	4.40
Upside Target	6.00
Upside Target	7.85
Upside Target	7.90

Intraday share price targets for Akshar Spintex (AKSHAR)

Target Type	Value
Downside Intraday Target	1.79
Downside Intraday Target	1.73
Upside Intraday Target	1.87
Upside Intraday Target	1.89
Downside Intraday Target	1.81

Weekly technical analysis of Akshar Spintex (AKSHAR)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	1.84	1.76	1.84	1.76	0.077 times
23 Fri Aug 2024	1.60	2.05	2.38	1.58	0.517 times
16 Fri Aug 2024	1.98	2.20	2.30	1.93	0.436 times
09 Fri Aug 2024	2.15	2.32	2.67	2.09	10.262 times
02 Fri Aug 2024	2.42	2.67	2.70	2.40	1.008 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
27 Tue Aug 2024	1.84	2.50	2.67	1.58	4.622 times
31 Wed Jul 2024	2.43	2.66	2.70	2.12	1.233 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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

Although the stock is in the SELL zone, but selling 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 2.11 and Akshar Spintex (AKSHAR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.