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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 2024-10-09 View latest technical analysis

10 day averaged volume of Loyal Textile is 6889

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	529.55	548.90	577.85	525.05	0.652 times
08 Tue Oct 2024	542.80	515.00	574.80	505.35	0.65 times
07 Mon Oct 2024	524.90	544.90	557.40	515.00	0.659 times
04 Fri Oct 2024	544.90	529.25	610.00	520.55	4.667 times
03 Thu Oct 2024	519.85	551.00	551.00	515.30	0.315 times
01 Tue Oct 2024	553.40	519.00	571.00	503.00	1.488 times
30 Mon Sep 2024	502.70	518.70	520.45	501.10	0.343 times
27 Fri Sep 2024	518.70	506.60	522.95	506.60	0.501 times
26 Thu Sep 2024	505.05	523.35	530.20	500.00	0.84 times
25 Wed Sep 2024	519.65	534.40	534.40	511.20	0.173 times

My analysis of stock is bearish for shortterm, and stock might move down till 517.7 or till 494.7. Use a stoploss of 536.82 and if the stock hits stoploss, then it can shoot up till 555.95

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	500.00
Downside Target	523.95
Upside Target	570.65
Upside Target	577.85
Upside Target	578.45
Upside Target	593.75
Upside Target	610.00
Upside Target	621.95
Upside Target	718.70
Upside Target	772.60

Intraday share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Intraday Target	497.32
Downside Intraday Target	465.08
Upside Intraday Target	569.82
Upside Intraday Target	610.08
Upside Intraday Target	537.58

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	529.55	544.90	577.85	505.35	0.288 times
04 Fri Oct 2024	544.90	518.70	610.00	501.10	3.203 times
27 Fri Sep 2024	518.70	522.00	534.40	500.00	1.302 times
20 Fri Sep 2024	528.60	570.65	570.65	523.95	1.943 times
13 Fri Sep 2024	556.75	575.00	578.45	551.00	0.509 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
09 Wed Oct 2024	529.55	519.00	610.00	503.00	1.279 times
30 Mon Sep 2024	502.70	593.75	593.75	500.00	0.276 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Loyal Textile in short term but the buy signal is initial and weak.

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 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 buy signal for Loyal Textile in short term and BUY 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 536.62 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 negative.

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