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(LAL_BE) Lorenzini Apparels complete technical analysis [charts+indicators] | Buy/Sell Lorenzini Apparels | (LAL_BE) share price targets

Complete technical analysis of Lorenzini Apparels (LAL_BE) by charts plus indicators, forecast predictions and share price targets for Lorenzini Apparels (LAL_BE)

Showing technical analysis as on 2024-05-08 View latest technical analysis

10 day averaged volume of Lorenzini Apparels is 118161

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	24.25	24.70	24.70	23.55	0.295 times
07 Tue May 2024	24.50	23.60	24.75	22.55	1.315 times
06 Mon May 2024	23.60	23.50	24.45	23.00	0.42 times
03 Fri May 2024	23.90	24.50	24.60	23.65	0.481 times
02 Thu May 2024	24.65	24.75	25.85	23.75	1.577 times
30 Tue Apr 2024	25.00	25.85	25.85	24.65	0.76 times
29 Mon Apr 2024	25.95	26.70	26.70	24.25	1.632 times
26 Fri Apr 2024	25.50	25.45	25.50	25.35	0.56 times
25 Thu Apr 2024	25.85	26.35	26.35	25.85	0.278 times
24 Wed Apr 2024	26.35	27.35	27.35	26.35	0.583 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.7, but if it comes above 24.7, then a intra day buy could be more profitable.
If you take a sell trade below 24.7, then use 24.7 as stoploss and 23 as target. However if you take a buy trade in stock , then use 24.7 as stoploss and 26.23 as target.

Share price targets for Lorenzini Apparels (LAL_BE)

Target Type	Value
Downside Target	22.55
Downside Target	23.65
Downside Target	24.25
Upside Target	24.75
Upside Target	25.35
Upside Target	26.70
Upside Target	28.00
Upside Target	29.00
Upside Target	231.05
Upside Target	255.00
Upside Target	379.50
Upside Target	472.90
Upside Target	510.00

Intraday share price targets for Lorenzini Apparels (LAL_BE)

Target Type	Value
Downside Intraday Target	22.95
Downside Intraday Target	21.65
Upside Intraday Target	25.15
Upside Intraday Target	26.05
Downside Intraday Target	23.85

Weekly technical analysis of Lorenzini Apparels (LAL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	24.25	23.50	24.75	22.55	0.456 times
03 Fri May 2024	23.90	26.70	26.70	23.65	1.145 times
26 Fri Apr 2024	25.50	26.35	27.35	25.35	9.566 times
19 Fri Apr 2024	26.85	27.40	28.50	26.85	0.474 times
12 Fri Apr 2024	27.95	27.65	28.00	26.90	0.299 times

Price has moved up 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 Lorenzini Apparels (LAL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	24.25	24.75	25.85	22.55	0.393 times
30 Tue Apr 2024	25.00	27.25	29.00	24.25	4.895 times
28 Thu Mar 2024	26.75	443.15	472.90	26.75	0.506 times
29 Thu Feb 2024	453.80	399.45	510.00	379.50	165.079 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 Lorenzini Apparels (LAL_BE)

Price action analysis of Lorenzini Apparels ( (LAL_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Lorenzini Apparels ( (LAL_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 Lorenzini Apparels ( (LAL_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 Lorenzini Apparels ( (LAL_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 Lorenzini Apparels stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Lorenzini Apparels 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.

Lorenzini Apparels 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 coming down

CCI has generated a buy signal for Lorenzini Apparels in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Lorenzini Apparels is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.04 and Lorenzini Apparels (LAL_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 Lorenzini Apparels (LAL_BE) stock. Volume based technical analysis of Lorenzini Apparels (LAL_BE) stock is negative.

Lorenzini Apparels 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.