Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-29 View latest technical analysis

10 day averaged volume of Loyal Textile is 2422

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	594.75	586.35	606.40	575.90	0.64 times
26 Fri Jul 2024	596.70	564.75	604.00	564.20	0.757 times
25 Thu Jul 2024	564.80	568.90	568.90	562.75	0.126 times
24 Wed Jul 2024	569.15	560.05	569.95	560.00	0.267 times
23 Tue Jul 2024	551.90	570.00	575.45	541.20	1.31 times
22 Mon Jul 2024	571.05	563.35	579.95	563.35	0.31 times
19 Fri Jul 2024	563.35	583.75	583.75	560.00	0.422 times
18 Thu Jul 2024	580.25	582.00	584.90	567.60	0.747 times
16 Tue Jul 2024	572.20	573.10	581.95	561.05	0.333 times
15 Mon Jul 2024	582.20	565.20	585.00	564.05	0.692 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 597.6 as stoploss in an intra day sell trade for a target of 582.47. However, stock will show a bullish move above 597.6.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	484.20
Downside Target	501.10
Downside Target	541.20
Downside Target	572.55
Upside Target	604.00
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	578.3
Downside Intraday Target	561.85
Upside Intraday Target	608.8
Upside Intraday Target	622.85
Downside Intraday Target	592.35

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	594.75	586.35	606.40	575.90	0.231 times
26 Fri Jul 2024	596.70	563.35	604.00	541.20	1.262 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

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
29 Mon Jul 2024	594.75	592.05	618.00	541.20	1.365 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Loyal Textile stock for short term is BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Loyal Textile Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Loyal Textile in short term and BUY 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 574.61 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.