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

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

Showing technical analysis as on 2024-04-26 View latest technical analysis

10 day averaged volume of Akshar Spintex is 440175

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	2.35	2.35	2.35	2.35	0.393 times
25 Thu Apr 2024	2.30	2.30	2.30	2.30	1.055 times
24 Wed Apr 2024	2.30	2.35	2.35	2.30	1.04 times
23 Tue Apr 2024	2.35	2.40	2.40	2.35	0.879 times
22 Mon Apr 2024	2.40	2.40	2.40	2.40	0.54 times
19 Fri Apr 2024	2.40	2.35	2.40	2.35	0.599 times
18 Thu Apr 2024	2.40	2.40	2.40	2.40	1.13 times
16 Tue Apr 2024	2.45	2.50	2.50	2.45	0.476 times
15 Mon Apr 2024	2.50	2.50	2.50	2.50	2.58 times
12 Fri Apr 2024	2.55	2.60	2.60	2.55	0.941 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.3 as stoploss in an intra day buy trade for a target of 2.47. However, stock will show a bearish move below 2.3.

Share price targets for Akshar Spintex (AKSHAR_BE)

Target Type	Value
Downside Target	2.15
Downside Target	2.25
Downside Target	2.30
Downside Target	2.35
Upside Target	2.40
Upside Target	2.50
Upside Target	2.55
Upside Target	2.70
Upside Target	3.30
Upside Target	3.55
Upside Target	4.20
Upside Target	5.10
Upside Target	5.20
Upside Target	6.10
Upside Target	6.60

Intraday share price targets for Akshar Spintex (AKSHAR_BE)

Target Type	Value
Downside Intraday Target	2.3
Downside Intraday Target	2.25
Upside Intraday Target	2.4
Upside Intraday Target	2.45
Downside Intraday Target	2.35

Weekly technical analysis of Akshar Spintex (AKSHAR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	2.35	2.40	2.40	2.30	0.817 times
19 Fri Apr 2024	2.40	2.50	2.50	2.35	1.226 times
12 Fri Apr 2024	2.55	2.70	2.70	2.55	0.175 times
05 Fri Apr 2024	2.75	2.20	2.75	2.15	1.31 times
28 Thu Mar 2024	2.25	2.55	2.55	2.25	0.321 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	2.35	2.20	2.75	2.15	0.291 times
28 Thu Mar 2024	2.25	3.35	3.55	2.25	0.577 times
29 Thu Feb 2024	3.35	5.15	5.20	3.30	0.986 times
31 Wed Jan 2024	5.05	4.60	5.10	4.20	1134.826 times

Scroll below to view daily charts

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 Akshar Spintex (AKSHAR_BE)

Price action analysis of Akshar Spintex ( (AKSHAR_BE) ) 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_BE) ) 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_BE) ) 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term but buying is losing 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 2.42 and Akshar Spintex (AKSHAR_BE) 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_BE) stock. Volume based technical analysis of Akshar Spintex (AKSHAR_BE) 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.