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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 2024-09-10 View latest technical analysis

10 day averaged volume of Loyal Textile is 2783

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	554.85	559.30	565.95	554.00	0.28 times
09 Mon Sep 2024	555.25	575.00	575.00	551.00	0.302 times
06 Fri Sep 2024	569.40	575.00	575.00	566.65	0.258 times
05 Thu Sep 2024	566.65	554.05	570.00	554.05	0.797 times
04 Wed Sep 2024	558.75	573.75	573.75	552.40	0.974 times
03 Tue Sep 2024	560.80	571.40	573.90	560.00	1.083 times
02 Mon Sep 2024	571.40	593.75	593.75	568.25	0.973 times
30 Fri Aug 2024	579.85	588.65	594.00	578.00	0.707 times
29 Thu Aug 2024	588.65	600.00	600.00	581.00	0.365 times
28 Wed Aug 2024	586.80	619.65	635.25	581.00	2.725 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 565, but if it comes above 565, then a intra day buy could be more profitable.
If you take a sell trade below 565, then use 565 as stoploss and 545.4 as target. However if you take a buy trade in stock , then use 565 as stoploss and 581.35 as target.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	505.15
Downside Target	541.20
Upside Target	572.00
Upside Target	593.75
Upside Target	621.95
Upside Target	631.45
Upside Target	635.25
Upside Target	637.00
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	545.57
Downside Intraday Target	536.28
Upside Intraday Target	569.57
Upside Intraday Target	584.28
Upside Intraday Target	560.28

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	554.85	575.00	575.00	551.00	0.143 times
06 Fri Sep 2024	569.40	593.75	593.75	552.40	0.594 times
30 Fri Aug 2024	579.85	597.40	635.25	578.00	1.243 times
23 Fri Aug 2024	582.95	618.00	631.45	573.85	1.659 times
16 Fri Aug 2024	597.65	635.00	637.00	578.95	0.179 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
10 Tue Sep 2024	554.85	593.75	593.75	551.00	0.079 times
30 Fri Aug 2024	579.85	769.90	772.60	572.00	1.668 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

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 neutral. A longer time frame might give a better analysis.

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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Loyal Textile in short term and the sell signal is strong.

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 573.36 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.