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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 2024-10-24 View latest technical analysis

10 day averaged volume of Loyal Textile is 2751

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	517.45	527.75	528.10	512.10	0.16 times
23 Wed Oct 2024	520.45	525.00	532.15	515.60	0.275 times
22 Tue Oct 2024	512.30	540.80	554.15	504.50	0.679 times
21 Mon Oct 2024	540.80	556.00	564.00	535.00	0.362 times
18 Fri Oct 2024	556.40	543.05	577.35	540.10	1.819 times
17 Thu Oct 2024	536.55	543.55	550.00	525.00	0.477 times
16 Wed Oct 2024	543.85	558.25	558.25	535.00	0.143 times
15 Tue Oct 2024	544.70	565.20	567.10	536.00	0.451 times
14 Mon Oct 2024	568.90	564.45	581.95	564.00	0.951 times
11 Fri Oct 2024	563.00	552.00	593.90	552.00	3.976 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 516.2 as stoploss in an intra day buy trade for a target of 534.92. However, stock will show a bearish move below 516.2.

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	493.3
Downside Intraday Target	469.15
Upside Intraday Target	552.8
Upside Intraday Target	588.15
Upside Intraday Target	528.65

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	517.45	556.00	564.00	504.50	0.384 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
24 Thu Oct 2024	517.45	519.00	610.00	503.00	1.894 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 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 BUY. Signal strength is Weak and stock is losing 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 positive zone. This is a BUY 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 553.16 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.