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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 2024-12-17 View latest technical analysis

10 day averaged volume of Lorenzini Apparels is 109448

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	23.89	23.21	24.30	23.21	0.487 times
16 Mon Dec 2024	23.83	23.70	24.55	23.70	2 times
13 Fri Dec 2024	24.21	24.87	24.97	24.15	1.446 times
12 Thu Dec 2024	25.42	24.01	25.55	24.01	2.498 times
11 Wed Dec 2024	24.36	24.76	25.15	24.10	0.581 times
10 Tue Dec 2024	24.76	26.45	26.45	24.52	0.708 times
09 Mon Dec 2024	25.65	26.29	26.90	25.25	0.421 times
06 Fri Dec 2024	26.20	27.50	27.50	25.71	0.522 times
05 Thu Dec 2024	26.99	26.76	27.90	26.76	0.321 times
04 Wed Dec 2024	27.60	27.98	28.45	27.05	0.629 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24, but if it comes above 24, then a intra day buy could be more profitable.
If you take a sell trade below 24, then use 24 as stoploss and 22.6 as target. However if you take a buy trade in stock , then use 24 as stoploss and 25.18 as target.

Share price targets for Lorenzini Apparels (LAL_BE)

Target Type	Value
Downside Target	21.86
Downside Target	22.35
Downside Target	22.85
Upside Target	24.55
Upside Target	25.70
Upside Target	26.60
Upside Target	26.90
Upside Target	27.56
Upside Target	28.45
Upside Target	29.42
Upside Target	35.50

Intraday share price targets for Lorenzini Apparels (LAL_BE)

Target Type	Value
Downside Intraday Target	23.22
Downside Intraday Target	22.54
Upside Intraday Target	24.56
Upside Intraday Target	25.22
Downside Intraday Target	23.88

Weekly technical analysis of Lorenzini Apparels (LAL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	23.89	23.70	24.55	23.21	0.44 times
13 Fri Dec 2024	24.21	26.29	26.90	24.01	1.325 times
06 Fri Dec 2024	26.20	26.20	28.45	25.00	2.36 times
29 Fri Nov 2024	25.11	23.86	25.70	23.06	0.868 times
22 Fri Nov 2024	23.86	26.50	26.60	23.60	1.482 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 Lorenzini Apparels (LAL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	23.89	26.20	28.45	23.21	1.78 times
29 Fri Nov 2024	25.11	23.80	26.60	22.85	0.555 times
31 Thu Oct 2024	23.75	27.95	29.42	21.86	1.126 times
30 Mon Sep 2024	28.66	35.50	35.50	27.56	2.18 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Lorenzini Apparels 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.

Lorenzini Apparels 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 moving up

CCI has generated a SELL signal for Lorenzini Apparels 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 positive zone. This is a BUY zone

Stock of Lorenzini Apparels is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24.96 and Lorenzini Apparels (LAL_BE) 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 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 negative.

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