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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 2024-07-23 View latest technical analysis

10 day averaged volume of Loyal Textile is 2058

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	551.90	570.00	575.45	541.20	1.541 times
22 Mon Jul 2024	571.05	563.35	579.95	563.35	0.364 times
19 Fri Jul 2024	563.35	583.75	583.75	560.00	0.496 times
18 Thu Jul 2024	580.25	582.00	584.90	567.60	0.879 times
16 Tue Jul 2024	572.20	573.10	581.95	561.05	0.392 times
15 Mon Jul 2024	582.20	565.20	585.00	564.05	0.815 times
12 Fri Jul 2024	560.00	594.80	597.40	549.80	5.929 times
11 Thu Jul 2024	594.70	594.60	596.95	589.95	0.049 times
10 Wed Jul 2024	594.70	598.35	609.00	582.55	0.741 times
09 Tue Jul 2024	599.35	599.75	609.00	596.20	0.203 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 552.2, for a target of 569.1 or 583.14

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	484.20
Downside Target	501.10
Downside Target	541.20
Upside Target	610.00
Upside Target	611.00
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	535.42
Downside Intraday Target	518.93
Upside Intraday Target	574.17
Upside Intraday Target	596.43
Upside Intraday Target	557.68

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	551.90	563.35	579.95	541.20	0.738 times
19 Fri Jul 2024	563.35	565.20	585.00	560.00	0.366 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

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
23 Tue Jul 2024	551.90	592.05	618.00	541.20	1.238 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 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 Loyal Textile (LOYALTEX)

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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Loyal Textile in short term and the sell signal is strong.

Loyal Textile 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 coming down

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 566.07 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 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.