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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 2024-04-05 View latest technical analysis

10 day averaged volume of Loyal Textile is 28213

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	596.05	589.80	610.65	576.85	0.024 times
04 Thu Apr 2024	589.80	605.00	625.00	581.00	0.111 times
03 Wed Apr 2024	600.00	555.60	630.00	542.25	0.215 times
02 Tue Apr 2024	560.95	535.45	589.55	532.55	0.211 times
01 Mon Apr 2024	531.35	525.00	580.00	501.10	0.208 times
28 Thu Mar 2024	514.60	535.00	540.10	511.00	0.176 times
27 Wed Mar 2024	532.35	548.10	550.05	526.00	0.081 times
26 Tue Mar 2024	548.15	565.00	581.00	545.00	0.155 times
22 Fri Mar 2024	575.60	609.00	614.95	572.00	0.243 times
21 Thu Mar 2024	606.30	641.00	651.60	602.20	0.897 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 602.8 as stoploss in an intra day sell trade for a target of 558.4. However, stock will show a bullish move above 602.8.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	484.20
Downside Target	571.05
Upside Target	596.60
Upside Target	612.00
Upside Target	618.10
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	521.43
Downside Intraday Target	446.82
Upside Intraday Target	650.33
Upside Intraday Target	704.62
Downside Intraday Target	575.72

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	596.05	525.00	630.00	501.10	1.866 times
28 Thu Mar 2024	514.60	565.00	581.00	511.00	0.038 times
22 Fri Mar 2024	575.60	513.65	679.00	492.50	57.362 times
15 Fri Mar 2024	512.10	596.30	596.60	484.20	1.652 times
07 Thu Mar 2024	595.90	618.10	618.10	571.05	1.066 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 Loyal Textile (LOYALTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	596.05	525.00	630.00	501.10	0.067 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 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 Loyal Textile ( (LOYALTEX) ) based on a short to mid 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 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 BUY. 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Loyal Textile in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 577.35 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 negative.

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