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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 2024-08-14 View latest technical analysis

10 day averaged volume of Loyal Textile is 17646

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	602.05	599.80	623.70	578.95	0.129 times
13 Tue Aug 2024	593.60	619.00	622.45	590.00	0.112 times
12 Mon Aug 2024	606.85	635.00	635.00	600.00	0.138 times
09 Fri Aug 2024	614.05	650.00	651.00	602.80	0.18 times
08 Thu Aug 2024	646.10	638.15	685.00	629.75	0.285 times
07 Wed Aug 2024	638.15	621.95	671.00	621.00	0.533 times
06 Tue Aug 2024	612.65	599.00	699.90	599.00	1.566 times
05 Mon Aug 2024	590.45	643.05	643.05	572.00	0.367 times
02 Fri Aug 2024	627.40	644.00	654.95	611.15	0.543 times
01 Thu Aug 2024	660.70	769.90	772.60	655.00	3.373 times

My analysis of stock is bearish for shortterm, and stock might move down till 566.8 or till 521. Use a stoploss of 605.08 and if the stock hits stoploss, then it can shoot up till 643.32

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	575.67
Downside Intraday Target	549.28
Upside Intraday Target	631.72
Upside Intraday Target	661.38
Upside Intraday Target	605.33

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	602.05	635.00	635.00	578.95	0.129 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
14 Wed Aug 2024	602.05	769.90	772.60	572.00	1.292 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 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 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 moving up

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 637.7 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.