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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 2024-07-15 View latest technical analysis

10 day averaged volume of Loyal Textile is 3311

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	582.20	565.20	585.00	564.05	0.506 times
12 Fri Jul 2024	560.00	594.80	597.40	549.80	3.685 times
11 Thu Jul 2024	594.70	594.60	596.95	589.95	0.03 times
10 Wed Jul 2024	594.70	598.35	609.00	582.55	0.461 times
09 Tue Jul 2024	599.35	599.75	609.00	596.20	0.126 times
08 Mon Jul 2024	596.30	592.50	610.00	592.50	0.083 times
05 Fri Jul 2024	603.35	605.40	615.00	595.85	0.468 times
04 Thu Jul 2024	602.10	589.00	618.00	586.50	2.328 times
03 Wed Jul 2024	589.95	582.65	615.00	572.55	1.413 times
02 Tue Jul 2024	579.25	582.45	587.80	576.00	0.456 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 577.3 as stoploss in an intra day buy trade for a target of 588.27. However, stock will show a bearish move below 577.3.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	484.20
Downside Target	501.10
Downside Target	541.60
Downside Target	564.05
Upside Target	585.00
Upside Target	610.00
Upside Target	618.00
Upside Target	621.95
Upside Target	630.00
Upside Target	679.00
Upside Target	698.00

Intraday share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Intraday Target	569.17
Downside Intraday Target	556.13
Upside Intraday Target	590.12
Upside Intraday Target	598.03
Downside Intraday Target	577.08

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	582.20	565.20	585.00	564.05	0.116 times
12 Fri Jul 2024	560.00	592.50	610.00	549.80	0.781 times
05 Fri Jul 2024	603.35	592.05	618.00	572.55	1.834 times
28 Fri Jun 2024	580.70	585.45	611.00	565.00	1.597 times
21 Fri Jun 2024	577.55	611.70	621.95	565.05	0.723 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
15 Mon Jul 2024	582.20	592.05	618.00	549.80	1.017 times
28 Fri Jun 2024	580.70	555.00	621.95	505.15	0.502 times
31 Fri May 2024	550.15	568.15	698.00	541.60	1.509 times
30 Tue Apr 2024	565.50	525.00	630.00	501.10	0.138 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 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 short to mid 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 mid to longer 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.

ADX buy sell signal for Loyal Textile stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Loyal Textile in short term but the sell 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 moving up

CCI has generated a buy signal for Loyal Textile 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 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 581.52 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 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 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.