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(LOYALTEX) Loyal Textile complete technical analysis [charts+indicators] | Buy/Sell Loyal Textile | (LOYALTEX) share price targets

Complete technical analysis of Loyal Textile (LOYALTEX) by charts plus indicators, forecast predictions and share price targets for Loyal Textile (LOYALTEX)

Showing technical analysis as on 2024-03-27 View latest technical analysis

10 day averaged volume of Loyal Textile is 31366

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	532.35	548.10	550.05	526.00	0.073 times
26 Tue Mar 2024	548.15	565.00	581.00	545.00	0.14 times
22 Fri Mar 2024	575.60	609.00	614.95	572.00	0.219 times
21 Thu Mar 2024	606.30	641.00	651.60	602.20	0.807 times
20 Wed Mar 2024	664.25	625.20	679.00	625.20	6.929 times
19 Tue Mar 2024	591.65	495.50	591.65	495.50	1.656 times
18 Mon Mar 2024	493.05	513.65	515.90	492.50	0.106 times
15 Fri Mar 2024	512.10	500.50	523.55	500.50	0.023 times
14 Thu Mar 2024	498.00	494.00	512.15	490.00	0.038 times
13 Wed Mar 2024	496.85	525.50	535.80	484.20	0.03 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 523.9 as stoploss in an intra day buy trade for a target of 570.7. However, stock will show a bearish move below 523.9.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	484.20
Downside Target	526.00
Upside Target	571.05
Upside Target	612.00
Upside Target	618.10
Upside Target	650.00
Upside Target	679.00
Upside Target	699.00
Upside Target	701.10
Upside Target	729.00
Upside Target	774.90

Intraday share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Intraday Target	511.9
Downside Intraday Target	491.45
Upside Intraday Target	566.9
Upside Intraday Target	601.45
Upside Intraday Target	546.45

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	532.35	565.00	581.00	526.00	0.022 times
22 Fri Mar 2024	575.60	513.65	679.00	492.50	57.362 times
15 Fri Mar 2024	512.10	596.30	596.60	484.20	1.652 times
07 Thu Mar 2024	595.90	618.10	618.10	571.05	1.066 times
02 Sat Mar 2024	615.00	626.70	650.00	600.00	0.686 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 Loyal Textile (LOYALTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	532.35	617.40	679.00	484.20	14.721 times
29 Thu Feb 2024	618.90	648.95	729.00	600.00	1.288 times
31 Wed Jan 2024	655.50	679.85	701.10	612.00	0.391 times
29 Fri Dec 2023	674.55	639.95	774.90	613.55	2.22 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 Loyal Textile (LOYALTEX)

Price action analysis of Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile ( (LOYALTEX) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Loyal Textile in short term but the buy signal is initial and weak.

Loyal Textile 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. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Loyal Textile in short term and SELL signal is strong!

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 Loyal Textile is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 639.79 and Loyal Textile (LOYALTEX) 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 Loyal Textile (LOYALTEX) stock. Volume based technical analysis of Loyal Textile (LOYALTEX) stock is negative.

Loyal Textile 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.