Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-21 View latest technical analysis

10 day averaged volume of Akshar Spintex is 633507

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	2.55	2.60	2.60	2.50	1.396 times
18 Sat May 2024	2.55	2.50	2.55	2.45	0.484 times
17 Fri May 2024	2.45	2.60	2.60	2.45	1.343 times
16 Thu May 2024	2.55	2.65	2.65	2.50	1.534 times
15 Wed May 2024	2.60	2.60	2.60	2.55	1.723 times
14 Tue May 2024	2.50	2.45	2.50	2.40	1.375 times
13 Mon May 2024	2.40	2.25	2.40	2.25	1.737 times
10 Fri May 2024	2.30	2.30	2.35	2.30	0.344 times
09 Thu May 2024	2.30	2.35	2.35	2.30	0.295 times
08 Wed May 2024	2.35	2.35	2.35	2.35	0.513 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.5, but if it comes below 2.5, then a intra day sell could be more profitable.
If you take a sell trade below 2.5, then use 2.5 as stoploss and 2.43 as target. However if you take a buy trade in stock , then use 2.5 as stoploss and 2.6 as target.

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	2.40
Downside Target	2.50
Downside Target	2.55
Upside Target	2.65
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	2.5
Downside Intraday Target	2.45
Upside Intraday Target	2.6
Upside Intraday Target	2.65
Downside Intraday Target	2.55

Weekly technical analysis of Akshar Spintex (AKSHAR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	2.55	2.60	2.60	2.50	0.17 times
18 Sat May 2024	2.55	2.25	2.65	2.25	3.932 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

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
21 Tue May 2024	2.55	2.50	2.65	2.25	0.529 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Akshar Spintex ( (AKSHAR_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Akshar Spintex ( (AKSHAR_BE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

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

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 2.49 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 negative.

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