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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)

10 day averaged volume of Loyal Textile is 1296

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	565.50	566.00	579.00	561.00	0.454 times
29 Mon Apr 2024	566.00	560.00	579.85	560.00	0.705 times
26 Fri Apr 2024	570.20	569.65	577.45	560.10	0.377 times
25 Thu Apr 2024	571.25	576.00	583.35	568.90	0.492 times
24 Wed Apr 2024	576.20	563.00	579.00	553.05	0.81 times
23 Tue Apr 2024	560.75	565.25	566.90	547.75	0.617 times
22 Mon Apr 2024	555.00	568.15	574.95	548.35	4.975 times
19 Fri Apr 2024	559.45	588.00	588.00	553.65	0.149 times
18 Thu Apr 2024	581.05	578.10	585.10	575.70	0.754 times
16 Tue Apr 2024	572.95	558.25	580.30	558.25	0.34 times

My analysis of stock is bearish for shortterm, and stock might move down till 553 or till 533.4. Use a stoploss of 569.39 and if the stock hits stoploss, then it can shoot up till 585.75

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	484.20
Downside Target	501.10
Downside Target	540.10
Downside Target	560.00
Upside Target	579.85
Upside Target	599.95
Upside Target	612.00
Upside Target	630.00
Upside Target	679.00
Upside Target	701.10
Upside Target	729.00
Upside Target	774.90

Intraday share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Intraday Target	557.05
Downside Intraday Target	548.6
Upside Intraday Target	576.9
Upside Intraday Target	588.3
Upside Intraday Target	568.45

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	565.50	560.00	579.85	560.00	0.159 times
26 Fri Apr 2024	570.20	568.15	583.35	547.75	3.597 times
19 Fri Apr 2024	559.45	545.20	588.00	545.20	0.265 times
12 Fri Apr 2024	550.70	596.95	599.95	540.10	0.456 times
05 Fri Apr 2024	596.05	525.00	630.00	501.10	1.866 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 Loyal Textile (LOYALTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	565.50	525.00	630.00	501.10	0.138 times
28 Thu Mar 2024	514.60	617.40	679.00	484.20	14.949 times
29 Thu Feb 2024	618.90	648.95	729.00	600.00	1.288 times
31 Wed Jan 2024	655.50	679.85	701.10	612.00	0.391 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Loyal Textile 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.

Loyal Textile 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. Bulls are getting tired and bears are picking up momentum.

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 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 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 562.59 and Loyal Textile (LOYALTEX) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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