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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 2024-10-11 View latest technical analysis

10 day averaged volume of Loyal Textile is 7206

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	563.00	552.00	593.90	552.00	1.518 times
10 Thu Oct 2024	552.10	534.00	555.00	532.05	0.331 times
09 Wed Oct 2024	529.55	548.90	577.85	525.05	0.623 times
08 Tue Oct 2024	542.80	515.00	574.80	505.35	0.621 times
07 Mon Oct 2024	524.90	544.90	557.40	515.00	0.63 times
04 Fri Oct 2024	544.90	529.25	610.00	520.55	4.462 times
03 Thu Oct 2024	519.85	551.00	551.00	515.30	0.302 times
01 Tue Oct 2024	553.40	519.00	571.00	503.00	1.423 times
30 Mon Sep 2024	502.70	518.70	520.45	501.10	0.328 times
27 Fri Sep 2024	518.70	506.60	522.95	506.60	0.478 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 554.2, but if it comes below 554.2, then a intra day sell could be more profitable.
If you take a sell trade below 554.2, then use 554.2 as stoploss and 536.07 as target. However if you take a buy trade in stock , then use 554.2 as stoploss and 575.9 as target.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	500.00
Downside Target	523.95
Upside Target	570.65
Upside Target	578.45
Upside Target	593.75
Upside Target	593.90
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	514.27
Downside Intraday Target	465.53
Upside Intraday Target	602.82
Upside Intraday Target	642.63
Downside Intraday Target	554.08

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	563.00	544.90	593.90	505.35	0.572 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 up 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
11 Fri Oct 2024	563.00	519.00	610.00	503.00	1.572 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, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 543.46 and Loyal Textile (LOYALTEX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.