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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 2024-09-18 View latest technical analysis

10 day averaged volume of Loyal Textile is 1385

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	549.10	557.50	557.50	543.85	1.718 times
17 Tue Sep 2024	557.80	565.05	565.05	555.05	0.438 times
16 Mon Sep 2024	559.45	570.65	570.65	555.15	1.307 times
13 Fri Sep 2024	556.75	563.95	565.00	556.20	0.619 times
12 Thu Sep 2024	559.00	578.30	578.30	553.10	0.659 times
11 Wed Sep 2024	571.15	564.20	578.45	564.20	1.732 times
10 Tue Sep 2024	554.85	559.30	565.95	554.00	0.563 times
09 Mon Sep 2024	555.25	575.00	575.00	551.00	0.606 times
06 Fri Sep 2024	569.40	575.00	575.00	566.65	0.519 times
05 Thu Sep 2024	566.65	554.05	570.00	554.05	1.601 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 554.6, but if it comes above 554.6, then a intra day buy could be more profitable.
If you take a sell trade below 554.6, then use 554.6 as stoploss and 534.4 as target. However if you take a buy trade in stock , then use 554.6 as stoploss and 571.49 as target.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	505.15
Downside Target	541.20
Upside Target	570.65
Upside Target	593.75
Upside Target	621.95
Upside Target	631.45
Upside Target	635.25
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	538.42
Downside Intraday Target	527.73
Upside Intraday Target	565.22
Upside Intraday Target	581.33
Upside Intraday Target	554.53

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	549.10	570.65	570.65	543.85	0.828 times
13 Fri Sep 2024	556.75	575.00	578.45	551.00	0.509 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

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
18 Wed Sep 2024	549.10	593.75	593.75	543.85	0.133 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 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 neutral. A longer time frame might give a better analysis.

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 weakening, and bulls are picking up momentum!

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 560.61 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.