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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 2024-09-25 View latest technical analysis

10 day averaged volume of Akshar Spintex is 1388697

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	1.65	1.67	1.69	1.64	0.919 times
24 Tue Sep 2024	1.62	1.72	1.72	1.61	0.933 times
23 Mon Sep 2024	1.65	1.73	1.73	1.65	1.072 times
20 Fri Sep 2024	1.70	1.67	1.73	1.60	2.075 times
19 Thu Sep 2024	1.65	1.71	1.71	1.60	0.644 times
18 Wed Sep 2024	1.69	1.67	1.71	1.65	0.723 times
17 Tue Sep 2024	1.68	1.73	1.73	1.65	0.752 times
16 Mon Sep 2024	1.69	1.72	1.75	1.67	0.59 times
13 Fri Sep 2024	1.71	1.72	1.74	1.66	0.804 times
12 Thu Sep 2024	1.71	1.69	1.72	1.66	0.873 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 1.5 as stoploss in an intra day buy trade for a target of 1.92. However, stock will show a bearish move below 1.5.

Share price targets for Akshar Spintex (AKSHAR_BE)

Target Type	Value
Downside Target	1.59
Upside Target	1.72
Upside Target	1.84
Upside Target	2.15
Upside Target	2.25
Upside Target	2.50
Upside Target	2.56
Upside Target	2.67
Upside Target	2.75
Upside Target	2.80

Intraday share price targets for Akshar Spintex (AKSHAR_BE)

Target Type	Value
Downside Intraday Target	1.6
Downside Intraday Target	1.54
Upside Intraday Target	1.72
Upside Intraday Target	1.78
Upside Intraday Target	1.66

Weekly technical analysis of Akshar Spintex (AKSHAR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	1.65	1.73	1.73	1.61	0.611 times
20 Fri Sep 2024	1.70	1.72	1.75	1.60	0.661 times
13 Fri Sep 2024	1.71	1.83	1.84	1.59	3.39 times
06 Fri Sep 2024	1.78	1.78	1.85	1.72	0.714 times
05 Fri Jul 2024	2.57	2.67	2.67	2.56	0.986 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
25 Wed Sep 2024	1.65	1.78	1.85	1.59	5.707 times
05 Fri Jul 2024	2.57	2.67	2.67	2.56	0.251 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

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_BE)

Price action analysis of Akshar Spintex ( (AKSHAR_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 1.68 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.