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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 2024-04-08 View latest technical analysis

10 day averaged volume of Loyal Textile is 6547

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	593.05	596.95	596.95	584.05	0.085 times
05 Fri Apr 2024	596.05	589.80	610.65	576.85	0.104 times
04 Thu Apr 2024	589.80	605.00	625.00	581.00	0.476 times
03 Wed Apr 2024	600.00	555.60	630.00	542.25	0.926 times
02 Tue Apr 2024	560.95	535.45	589.55	532.55	0.909 times
01 Mon Apr 2024	531.35	525.00	580.00	501.10	0.897 times
28 Thu Mar 2024	514.60	535.00	540.10	511.00	0.758 times
27 Wed Mar 2024	532.35	548.10	550.05	526.00	0.348 times
26 Tue Mar 2024	548.15	565.00	581.00	545.00	0.669 times
22 Fri Mar 2024	575.60	609.00	614.95	572.00	1.048 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 604 as stoploss in an intra day sell trade for a target of 559.21. However, stock will show a bullish move above 604.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	484.20
Downside Target	581.00
Upside Target	596.60
Upside Target	612.00
Upside Target	613.55
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	585.75
Downside Intraday Target	578.45
Upside Intraday Target	598.65
Upside Intraday Target	604.25
Downside Intraday Target	591.35

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	593.05	596.95	596.95	584.05	0.026 times
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

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
08 Mon Apr 2024	593.05	525.00	630.00	501.10	0.068 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 coming down

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Loyal Textile is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 559.57 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.