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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 2024-07-02 View latest technical analysis

10 day averaged volume of Akshar Spintex is 835091

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	2.59	2.65	2.65	2.58	0.701 times
01 Mon Jul 2024	2.62	2.67	2.67	2.56	0.991 times
28 Fri Jun 2024	2.61	2.57	2.64	2.55	1.254 times
27 Thu Jun 2024	2.55	2.60	2.60	2.54	0.925 times
26 Wed Jun 2024	2.55	2.56	2.62	2.55	0.832 times
25 Tue Jun 2024	2.59	2.63	2.64	2.56	0.837 times
24 Mon Jun 2024	2.60	2.61	2.62	2.55	1.201 times
21 Fri Jun 2024	2.62	2.59	2.64	2.59	0.884 times
20 Thu Jun 2024	2.59	2.60	2.64	2.56	0.839 times
19 Wed Jun 2024	2.57	2.60	2.61	2.55	0.89 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.6, but if it comes above 2.6, then a intra day buy could be more profitable.
If you take a sell trade below 2.6, then use 2.6 as stoploss and 2.5 as target. However if you take a buy trade in stock , then use 2.6 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	2.50
Upside Target	2.64
Upside Target	2.67
Upside Target	2.68
Upside Target	2.75
Upside Target	2.80
Upside Target	3.55

Intraday share price targets for Akshar Spintex (AKSHAR_BE)

Target Type	Value
Downside Intraday Target	2.54
Downside Intraday Target	2.5
Upside Intraday Target	2.65
Upside Intraday Target	2.72
Upside Intraday Target	2.61

Weekly technical analysis of Akshar Spintex (AKSHAR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	2.59	2.67	2.67	2.56	0.335 times
28 Fri Jun 2024	2.61	2.61	2.64	2.54	1.274 times
21 Fri Jun 2024	2.62	2.65	2.65	2.54	0.854 times
14 Fri Jun 2024	2.63	2.65	2.68	2.56	0.756 times
07 Fri Jun 2024	2.65	2.70	2.80	2.50	0.889 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
02 Tue Jul 2024	2.59	2.67	2.67	2.56	0.085 times
28 Fri Jun 2024	2.61	2.70	2.80	2.50	0.871 times
31 Fri May 2024	2.70	2.50	2.75	2.25	1.206 times
30 Tue Apr 2024	2.45	2.20	2.75	2.15	0.297 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_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 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 neutral. A longer time frame might give a better analysis.

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.

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.

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

CCI has generated a SELL signal for Akshar Spintex in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 2.59 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 positive

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