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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 2024-07-30 View latest technical analysis

10 day averaged volume of Loyal Textile is 1357

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	598.95	604.15	605.90	585.05	0.584 times
29 Mon Jul 2024	594.75	586.35	606.40	575.90	1.142 times
26 Fri Jul 2024	596.70	564.75	604.00	564.20	1.352 times
25 Thu Jul 2024	564.80	568.90	568.90	562.75	0.225 times
24 Wed Jul 2024	569.15	560.05	569.95	560.00	0.476 times
23 Tue Jul 2024	551.90	570.00	575.45	541.20	2.338 times
22 Mon Jul 2024	571.05	563.35	579.95	563.35	0.553 times
19 Fri Jul 2024	563.35	583.75	583.75	560.00	0.752 times
18 Thu Jul 2024	580.25	582.00	584.90	567.60	1.334 times
16 Tue Jul 2024	572.20	573.10	581.95	561.05	0.594 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 598.8, but if it comes below 598.8, then a intra day sell could be more profitable.
If you take a sell trade below 598.8, then use 598.8 as stoploss and 583.25 as target. However if you take a buy trade in stock , then use 598.8 as stoploss and 617.4 as target.

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	581.1
Downside Intraday Target	563.25
Upside Intraday Target	611.6
Upside Intraday Target	624.25
Downside Intraday Target	593.75

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	598.95	586.35	606.40	575.90	0.349 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 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
30 Tue Jul 2024	598.95	592.05	618.00	541.20	1.388 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Loyal Textile stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Loyal Textile in short term and the buy signal is strong.

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 moving up

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 but buying is losing 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 575.13 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.