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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 2024-10-23 View latest technical analysis

10 day averaged volume of Loyal Textile is 3124

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	520.45	525.00	532.15	515.60	0.242 times
22 Tue Oct 2024	512.30	540.80	554.15	504.50	0.598 times
21 Mon Oct 2024	540.80	556.00	564.00	535.00	0.319 times
18 Fri Oct 2024	556.40	543.05	577.35	540.10	1.601 times
17 Thu Oct 2024	536.55	543.55	550.00	525.00	0.42 times
16 Wed Oct 2024	543.85	558.25	558.25	535.00	0.126 times
15 Tue Oct 2024	544.70	565.20	567.10	536.00	0.398 times
14 Mon Oct 2024	568.90	564.45	581.95	564.00	0.837 times
11 Fri Oct 2024	563.00	552.00	593.90	552.00	3.501 times
10 Thu Oct 2024	552.10	534.00	555.00	532.05	0.764 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 516.4 as stoploss in an intra day buy trade for a target of 535.03. However, stock will show a bearish move below 516.4.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	500.00
Upside Target	525.00
Upside Target	564.00
Upside Target	581.95
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	495.3
Downside Intraday Target	470.15
Upside Intraday Target	554.8
Upside Intraday Target	589.15
Upside Intraday Target	529.65

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	520.45	556.00	564.00	504.50	0.343 times
18 Fri Oct 2024	556.40	564.45	581.95	525.00	0.394 times
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

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
23 Wed Oct 2024	520.45	519.00	610.00	503.00	1.885 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 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 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 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 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 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 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 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 553.64 and Loyal Textile (LOYALTEX) stock is trading below this level. This means that stock is falling with high volumes. 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 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.