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(LAL_BE) Lorenzini Apparels complete technical analysis [charts+indicators] | Buy/Sell Lorenzini Apparels | (LAL_BE) share price targets

Complete technical analysis of Lorenzini Apparels (LAL_BE) by charts plus indicators, forecast predictions and share price targets for Lorenzini Apparels (LAL_BE)

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Lorenzini Apparels is 13840

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	423.45	456.00	456.75	413.25	3.632 times
20 Wed Mar 2024	435.00	432.95	435.00	422.60	1.082 times
19 Tue Mar 2024	414.30	409.00	414.30	405.00	1.569 times
18 Mon Mar 2024	394.60	394.00	394.60	392.80	3.835 times
15 Fri Mar 2024	375.85	391.45	391.45	365.00	0.804 times
14 Thu Mar 2024	383.75	347.55	384.05	347.55	0.885 times
13 Wed Mar 2024	365.80	385.00	385.00	365.80	0.133 times
12 Tue Mar 2024	385.05	406.00	406.00	385.05	0.719 times
11 Mon Mar 2024	405.30	420.00	425.00	405.30	0.388 times
07 Thu Mar 2024	426.60	443.90	443.90	415.05	0.302 times

Stock of Lorenzini Apparels (LAL_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 394.2 or till 348.1. Use a stoploss of 432.58 and if the stock hits stoploss, then it can shoot up till 470.99

Share price targets for Lorenzini Apparels (LAL_BE)

Target Type	Value
Downside Target	220.00
Downside Target	231.05
Downside Target	243.05
Downside Target	255.00
Downside Target	285.00
Downside Target	347.55
Downside Target	379.50
Downside Target	392.80
Downside Target	415.05
Upside Target	425.00
Upside Target	443.15
Upside Target	456.75
Upside Target	470.00
Upside Target	508.35
Upside Target	510.00

Intraday share price targets for Lorenzini Apparels (LAL_BE)

Target Type	Value
Downside Intraday Target	391.92
Downside Intraday Target	360.38
Upside Intraday Target	455.87
Upside Intraday Target	488.28
Upside Intraday Target	424.33

Weekly technical analysis of Lorenzini Apparels (LAL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	423.45	394.00	456.75	392.80	3.453 times
15 Fri Mar 2024	375.85	420.00	425.00	347.55	2.206 times
07 Thu Mar 2024	426.60	465.00	470.00	415.05	0.229 times
02 Sat Mar 2024	459.70	508.00	510.00	443.15	0.3 times
23 Fri Feb 2024	491.05	458.00	508.35	445.00	2 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 Lorenzini Apparels (LAL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	423.45	443.15	472.90	347.55	0.415 times
29 Thu Feb 2024	453.80	399.45	510.00	379.50	165.079 times
01 Fri Dec 2023	251.95	251.60	255.00	231.05	0.014 times
30 Thu Nov 2023	243.05	265.10	285.00	243.05	0.265 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 Lorenzini Apparels (LAL_BE)

Price action analysis of Lorenzini Apparels ( (LAL_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Lorenzini Apparels ( (LAL_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 Lorenzini Apparels ( (LAL_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 Lorenzini Apparels stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Lorenzini Apparels in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Lorenzini Apparels Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Lorenzini Apparels in short term and BUY 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 Lorenzini Apparels is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 406.42 and Lorenzini Apparels (LAL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Lorenzini Apparels (LAL_BE) stock. Volume based technical analysis of Lorenzini Apparels (LAL_BE) stock is negative.

Lorenzini Apparels Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.