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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 2024-11-01 View latest technical analysis

10 day averaged volume of Loyal Textile is 1945

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	508.45	520.05	520.05	506.10	0.374 times
31 Thu Oct 2024	507.80	515.95	516.00	504.00	2.211 times
30 Wed Oct 2024	510.00	513.85	525.65	501.55	1.483 times
29 Tue Oct 2024	505.80	521.10	521.10	504.00	0.546 times
28 Mon Oct 2024	510.00	519.20	530.00	506.05	0.435 times
25 Fri Oct 2024	507.90	517.10	518.80	501.05	0.664 times
24 Thu Oct 2024	517.45	527.75	528.10	512.10	0.227 times
23 Wed Oct 2024	520.45	525.00	532.15	515.60	0.389 times
22 Tue Oct 2024	512.30	540.80	554.15	504.50	0.96 times
21 Mon Oct 2024	540.80	556.00	564.00	535.00	0.512 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 510.3, but if it comes above 510.3, then a intra day buy could be more profitable.
If you take a sell trade below 510.3, then use 510.3 as stoploss and 486.4 as target. However if you take a buy trade in stock , then use 510.3 as stoploss and 530.19 as target.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	500.00
Upside Target	520.05
Upside Target	541.20
Upside Target	564.00
Upside Target	572.00
Upside Target	581.95
Upside Target	593.75
Upside Target	593.90
Upside Target	610.00
Upside Target	718.70
Upside Target	772.60

Intraday share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Intraday Target	496.67
Downside Intraday Target	484.88
Upside Intraday Target	525.12
Upside Intraday Target	541.78
Upside Intraday Target	513.33

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	508.45	519.20	530.00	501.55	1.835 times
25 Fri Oct 2024	507.90	556.00	564.00	501.05	0.507 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Loyal Textile (LOYALTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	508.45	520.05	520.05	506.10	0.008 times
31 Thu Oct 2024	507.80	519.00	610.00	501.05	2.123 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 moving up

CCI has generated a buy signal for Loyal Textile in short term but BUY signal is weak.

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 511.87 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.