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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 2024-08-13 View latest technical analysis

10 day averaged volume of Loyal Textile is 17527

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	593.60	619.00	622.45	590.00	0.113 times
12 Mon Aug 2024	606.85	635.00	635.00	600.00	0.139 times
09 Fri Aug 2024	614.05	650.00	651.00	602.80	0.182 times
08 Thu Aug 2024	646.10	638.15	685.00	629.75	0.287 times
07 Wed Aug 2024	638.15	621.95	671.00	621.00	0.536 times
06 Tue Aug 2024	612.65	599.00	699.90	599.00	1.577 times
05 Mon Aug 2024	590.45	643.05	643.05	572.00	0.37 times
02 Fri Aug 2024	627.40	644.00	654.95	611.15	0.546 times
01 Thu Aug 2024	660.70	769.90	772.60	655.00	3.396 times
31 Wed Jul 2024	718.70	607.95	718.70	607.95	2.923 times

My analysis of stock is bearish for shortterm, and stock might move down till 564.7 or till 518. Use a stoploss of 603.59 and if the stock hits stoploss, then it can shoot up till 642.5

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	501.10
Downside Target	541.20
Downside Target	560.00
Downside Target	572.00
Upside Target	604.00
Upside Target	621.95
Upside Target	630.00
Upside Target	635.00
Upside Target	698.00
Upside Target	699.90
Upside Target	718.70
Upside Target	772.60

Intraday share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Intraday Target	577.4
Downside Intraday Target	561.2
Upside Intraday Target	622.4
Upside Intraday Target	651.2
Upside Intraday Target	606.2

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	593.60	635.00	635.00	590.00	0.085 times
09 Fri Aug 2024	614.05	643.05	699.90	572.00	0.422 times
02 Fri Aug 2024	627.40	586.35	772.60	575.90	18.289 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

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
13 Tue Aug 2024	593.60	769.90	772.60	572.00	1.269 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Loyal Textile in short term but the sell signal is initial and weak.

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 BUY signal in short term and the buying is gaining 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 661.67 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.