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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 2024-04-18 View latest technical analysis

10 day averaged volume of Loyal Textile is 2715

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	581.05	578.10	585.10	575.70	0.36 times
16 Tue Apr 2024	572.95	558.25	580.30	558.25	0.162 times
15 Mon Apr 2024	570.65	545.20	585.00	545.20	0.372 times
12 Fri Apr 2024	550.70	560.75	576.75	540.10	0.601 times
10 Wed Apr 2024	560.90	559.00	562.95	555.95	0.723 times
09 Tue Apr 2024	555.95	594.35	599.95	540.10	2.11 times
08 Mon Apr 2024	593.05	596.95	596.95	584.05	0.205 times
05 Fri Apr 2024	596.05	589.80	610.65	576.85	0.251 times
04 Thu Apr 2024	589.80	605.00	625.00	581.00	1.149 times
03 Wed Apr 2024	600.00	555.60	630.00	542.25	2.234 times

My analysis of stock is bullish for shortterm, and stock might move up till 605.8 or till 649.5. Use a stoploss of 569.47 and if this stock hits its stoploss, then it can fall down till 533.11

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	484.20
Downside Target	540.10
Downside Target	581.00
Upside Target	599.95
Upside Target	612.00
Upside Target	630.00
Upside Target	679.00
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	555.8
Downside Intraday Target	530.55
Upside Intraday Target	595.7
Upside Intraday Target	610.35
Downside Intraday Target	570.45

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	581.05	545.20	585.10	545.20	0.246 times
12 Fri Apr 2024	550.70	596.95	599.95	540.10	0.456 times
05 Fri Apr 2024	596.05	525.00	630.00	501.10	1.866 times
28 Thu Mar 2024	514.60	565.00	581.00	511.00	0.038 times
22 Fri Mar 2024	575.60	513.65	679.00	492.50	57.362 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 Loyal Textile (LOYALTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	581.05	525.00	630.00	501.10	0.104 times
28 Thu Mar 2024	514.60	617.40	679.00	484.20	14.949 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

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 Loyal Textile (LOYALTEX)

Price action analysis of Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile ( (LOYALTEX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a short to mid 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 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 losing momentum.

MACD generated a BUY signal for Loyal Textile 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.

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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Loyal Textile in short term and BUY signal is strong.

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 Loyal Textile is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 577.09 and Loyal Textile (LOYALTEX) 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 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.