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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 2024-07-24 View latest technical analysis

10 day averaged volume of Loyal Textile is 2348

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	569.15	560.05	569.95	560.00	0.275 times
23 Tue Jul 2024	551.90	570.00	575.45	541.20	1.351 times
22 Mon Jul 2024	571.05	563.35	579.95	563.35	0.319 times
19 Fri Jul 2024	563.35	583.75	583.75	560.00	0.435 times
18 Thu Jul 2024	580.25	582.00	584.90	567.60	0.771 times
16 Tue Jul 2024	572.20	573.10	581.95	561.05	0.343 times
15 Mon Jul 2024	582.20	565.20	585.00	564.05	0.714 times
12 Fri Jul 2024	560.00	594.80	597.40	549.80	5.197 times
11 Thu Jul 2024	594.70	594.60	596.95	589.95	0.043 times
10 Wed Jul 2024	594.70	598.35	609.00	582.55	0.65 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 567.8 as stoploss in an intra day buy trade for a target of 582.02. However, stock will show a bearish move below 567.8.

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	546.92
Downside Intraday Target	524.68
Upside Intraday Target	585.67
Upside Intraday Target	602.18
Downside Intraday Target	563.43

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	569.15	563.35	579.95	541.20	0.86 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 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
24 Wed Jul 2024	569.15	592.05	618.00	541.20	1.257 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 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 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 losing momentum.

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

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 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 565.57 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.