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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 2024-05-15 View latest technical analysis

10 day averaged volume of Akshar Spintex is 439105

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	2.60	2.60	2.60	2.55	2.485 times
14 Tue May 2024	2.50	2.45	2.50	2.40	1.984 times
13 Mon May 2024	2.40	2.25	2.40	2.25	2.507 times
10 Fri May 2024	2.30	2.30	2.35	2.30	0.496 times
09 Thu May 2024	2.30	2.35	2.35	2.30	0.426 times
08 Wed May 2024	2.35	2.35	2.35	2.35	0.74 times
07 Tue May 2024	2.40	2.40	2.40	2.40	0.939 times
06 Mon May 2024	2.45	2.50	2.50	2.45	0.406 times
03 Fri May 2024	2.50	2.55	2.55	2.50	1.416 times
02 Thu May 2024	2.50	2.50	2.50	2.50	0.694 times

Stock of Akshar Spintex (AKSHAR_BE) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2.6, for a target of 2.5 or 2.41

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
Downside Target	2.40
Downside Target	2.50
Downside Target	2.55
Upside Target	2.75
Upside Target	3.30
Upside Target	3.55
Upside Target	4.20
Upside Target	5.10
Upside Target	5.20

Intraday share price targets for Akshar Spintex (AKSHAR_BE)

Target Type	Value
Downside Intraday Target	2.37
Downside Intraday Target	2.13
Upside Intraday Target	2.72
Upside Intraday Target	2.83
Downside Intraday Target	2.48

Weekly technical analysis of Akshar Spintex (AKSHAR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	2.60	2.25	2.60	2.25	2.319 times
10 Fri May 2024	2.30	2.50	2.50	2.30	1.045 times
03 Fri May 2024	2.50	2.40	2.55	2.40	0.735 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Akshar Spintex (AKSHAR_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Wed May 2024	2.60	2.50	2.60	2.25	0.338 times
30 Tue Apr 2024	2.45	2.20	2.75	2.15	0.297 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Akshar Spintex ( (AKSHAR_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. 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 HIGHS, which reflects strong buying momentum in short term! 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 moving up

CCI has generated a buy signal for Akshar Spintex in short term and BUY signal is strong.

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 2.47 and Akshar Spintex (AKSHAR_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.