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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 2024-11-14 View latest technical analysis

10 day averaged volume of Loyal Textile is 7000

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	357.25	398.05	399.70	351.00	9.9 times
13 Wed Nov 2024	425.40	521.15	521.20	425.40	7.831 times
12 Tue Nov 2024	531.75	539.85	546.00	526.20	0.034 times
11 Mon Nov 2024	543.70	535.30	548.00	522.10	0.115 times
08 Fri Nov 2024	544.65	540.60	548.80	534.75	0.086 times
07 Thu Nov 2024	540.30	529.80	550.00	528.10	0.369 times
06 Wed Nov 2024	535.30	534.75	540.00	526.65	0.13 times
05 Tue Nov 2024	525.65	537.00	538.10	519.05	0.238 times
04 Mon Nov 2024	525.45	510.65	539.95	508.45	0.479 times
01 Fri Nov 2024	508.45	520.05	520.05	506.10	0.104 times

Stock of Loyal Textile (LOYALTEX) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 414.7, for a target of 467.4 or 511.34

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	351.00
Upside Target	500.00
Upside Target	525.00
Upside Target	541.20
Upside Target	550.00
Upside Target	564.00
Upside Target	572.00
Upside Target	581.95
Upside Target	593.75
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	289.5
Downside Intraday Target	221.75
Upside Intraday Target	486.5
Upside Intraday Target	615.75
Upside Intraday Target	418.75

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	357.25	535.30	548.00	351.00	13.74 times
08 Fri Nov 2024	544.65	510.65	550.00	508.45	0.928 times
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

Price has moved down 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
14 Thu Nov 2024	357.25	520.05	550.00	351.00	1.4 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 down 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 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 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 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 SELL. Signal strength is Strong 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 coming down

CCI has generated a SELL signal for Loyal Textile in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 398.95 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.