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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 2024-08-01 View latest technical analysis

10 day averaged volume of Loyal Textile is 6310

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	660.70	769.90	772.60	655.00	9.433 times
31 Wed Jul 2024	718.70	607.95	718.70	607.95	8.118 times
30 Tue Jul 2024	598.95	604.15	605.90	585.05	0.126 times
29 Mon Jul 2024	594.75	586.35	606.40	575.90	0.246 times
26 Fri Jul 2024	596.70	564.75	604.00	564.20	0.291 times
25 Thu Jul 2024	564.80	568.90	568.90	562.75	0.048 times
24 Wed Jul 2024	569.15	560.05	569.95	560.00	0.102 times
23 Tue Jul 2024	551.90	570.00	575.45	541.20	0.503 times
22 Mon Jul 2024	571.05	563.35	579.95	563.35	0.119 times
19 Fri Jul 2024	563.35	583.75	583.75	560.00	0.162 times

Stock of Loyal Textile (LOYALTEX) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 674.4, for a target of 630.4 or 593.76

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	501.10
Downside Target	541.20
Downside Target	572.55
Downside Target	604.00
Downside Target	618.00
Downside Target	621.95
Downside Target	630.00
Downside Target	655.00
Upside Target	698.00
Upside Target	718.70
Upside Target	772.60

Intraday share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Intraday Target	566.87
Downside Intraday Target	473.03
Upside Intraday Target	763.57
Upside Intraday Target	866.43
Upside Intraday Target	669.73

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	660.70	586.35	772.60	575.90	16.861 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Loyal Textile (LOYALTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	660.70	769.90	772.60	655.00	0.603 times
31 Wed Jul 2024	718.70	592.05	718.70	541.20	2.886 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

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 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 Strong and stock is gaining 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below 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 but buying is losing 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 678.1 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 is giving positive 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.