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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 1963

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	560.75	565.25	566.90	547.75	0.408 times
22 Mon Apr 2024	555.00	568.15	574.95	548.35	3.285 times
19 Fri Apr 2024	559.45	588.00	588.00	553.65	0.098 times
18 Thu Apr 2024	581.05	578.10	585.10	575.70	0.498 times
16 Tue Apr 2024	572.95	558.25	580.30	558.25	0.225 times
15 Mon Apr 2024	570.65	545.20	585.00	545.20	0.514 times
12 Fri Apr 2024	550.70	560.75	576.75	540.10	0.832 times
10 Wed Apr 2024	560.90	559.00	562.95	555.95	0.999 times
09 Tue Apr 2024	555.95	594.35	599.95	540.10	2.918 times
08 Mon Apr 2024	593.05	596.95	596.95	584.05	0.284 times

My analysis of stock is bearish for shortterm, and stock might move down till 542.1 or till 513.6. Use a stoploss of 565.78 and if the stock hits stoploss, then it can shoot up till 589.49

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	484.20
Downside Target	501.10
Downside Target	540.10
Upside Target	574.95
Upside Target	599.95
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	547.35
Downside Intraday Target	533.95
Upside Intraday Target	574.55
Upside Intraday Target	588.35
Upside Intraday Target	561.15

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	560.75	568.15	574.95	547.75	2.766 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
28 Thu Mar 2024	514.60	565.00	581.00	511.00	0.038 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
23 Tue Apr 2024	560.75	525.00	630.00	501.10	0.127 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 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 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 to mid 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 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 Strong and stock is gaining 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 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 Loyal Textile 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 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 559.35 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.