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(AKSHAR_BE) Akshar Spintex complete technical analysis [charts+indicators] | Buy/Sell Akshar Spintex | (AKSHAR_BE) share price targets

Complete technical analysis of Akshar Spintex (AKSHAR_BE) by charts plus indicators, forecast predictions and share price targets for Akshar Spintex (AKSHAR_BE)

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Akshar Spintex is 1269833

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	2.45	2.50	2.50	2.45	0.165 times
15 Mon Apr 2024	2.50	2.50	2.50	2.50	0.894 times
12 Fri Apr 2024	2.55	2.60	2.60	2.55	0.326 times
10 Wed Apr 2024	2.60	2.60	2.60	2.60	0.263 times
09 Tue Apr 2024	2.65	2.65	2.65	2.65	0.238 times
08 Mon Apr 2024	2.70	2.70	2.70	2.70	0.526 times
05 Fri Apr 2024	2.75	2.75	2.75	2.65	1.289 times
04 Thu Apr 2024	2.65	2.65	2.65	2.65	0.141 times
03 Wed Apr 2024	2.55	2.55	2.55	2.55	0.492 times
02 Tue Apr 2024	2.45	2.45	2.45	2.35	2.232 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 2.4 as stoploss in an intra day buy trade for a target of 2.58. However, stock will show a bearish move below 2.4.

Share price targets for Akshar Spintex (AKSHAR_BE)

Target Type	Value
Downside Target	2.15
Downside Target	2.25
Downside Target	2.45
Upside Target	2.50
Upside Target	2.55
Upside Target	2.70
Upside Target	3.05
Upside Target	3.30
Upside Target	3.55
Upside Target	4.20
Upside Target	5.10
Upside Target	5.20
Upside Target	6.10
Upside Target	6.60

Intraday share price targets for Akshar Spintex (AKSHAR_BE)

Target Type	Value
Downside Intraday Target	2.43
Downside Intraday Target	2.42
Upside Intraday Target	2.48
Upside Intraday Target	2.52
Upside Intraday Target	2.47

Weekly technical analysis of Akshar Spintex (AKSHAR_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	2.45	2.50	2.50	2.45	0.783 times
12 Fri Apr 2024	2.55	2.70	2.70	2.55	0.175 times
05 Fri Apr 2024	2.75	2.20	2.75	2.15	1.31 times
28 Thu Mar 2024	2.25	2.55	2.55	2.25	0.321 times
22 Fri Mar 2024	2.55	2.95	3.05	2.50	1.945 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 Akshar Spintex (AKSHAR_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	2.45	2.20	2.75	2.15	0.244 times
28 Thu Mar 2024	2.25	3.35	3.55	2.25	0.577 times
29 Thu Feb 2024	3.35	5.15	5.20	3.30	0.986 times
31 Wed Jan 2024	5.05	4.60	5.10	4.20	1134.826 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 Akshar Spintex (AKSHAR_BE)

Price action analysis of Akshar Spintex ( (AKSHAR_BE) ) 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 Akshar Spintex ( (AKSHAR_BE) ) 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 Akshar Spintex ( (AKSHAR_BE) ) 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 Akshar Spintex ( (AKSHAR_BE) ) 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 Akshar Spintex stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Akshar Spintex 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.

Akshar Spintex 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.

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 Akshar Spintex 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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Akshar Spintex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.57 and Akshar Spintex (AKSHAR_BE) 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 Akshar Spintex (AKSHAR_BE) stock. Volume based technical analysis of Akshar Spintex (AKSHAR_BE) stock is negative.

Akshar Spintex 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.