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(AKSHAR) Akshar Spintex complete technical analysis [charts+indicators] | Buy/Sell Akshar Spintex | (AKSHAR) share price targets

Complete technical analysis of Akshar Spintex (AKSHAR) by charts plus indicators, forecast predictions and share price targets for Akshar Spintex (AKSHAR)

10 day averaged volume of Akshar Spintex is 14627224

Date Daily Closing Price Open High Low Volume
23 Wed Oct 2024 0.97 0.97 0.98 0.97 3.748 times
22 Tue Oct 2024 1.03 1.03 1.07 1.03 4.983 times
21 Mon Oct 2024 1.09 1.09 1.09 1.09 0.235 times
18 Fri Oct 2024 1.15 1.15 1.15 1.15 0.211 times
17 Thu Oct 2024 1.22 1.22 1.22 1.22 0.132 times

Stock of Akshar Spintex (AKSHAR) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.2, but if it comes above 1.2, then a intra day buy could be more profitable.
If you take a sell trade below 1.2, then use 1.2 as stoploss and 0.8 as target. However if you take a buy trade in stock , then use 1.2 as stoploss and 1.54 as target.

Share price targets for Akshar Spintex (AKSHAR)

Target Type Value
Downside Target 0.97
Upside Target 1.09
Upside Target 1.15
Upside Target 1.45
Upside Target 1.57
Upside Target 1.75
Upside Target 2.09
Upside Target 2.10
Upside Target 2.12
Upside Target 2.67
Upside Target 2.70
Upside Target 3.85
Upside Target 4.40

Intraday share price targets for Akshar Spintex (AKSHAR)

Target Type Value
Downside Intraday Target 0.93
Downside Intraday Target 0.89
Upside Intraday Target 1.05
Upside Intraday Target 1.13
Upside Intraday Target 1.01

Weekly technical analysis of Akshar Spintex (AKSHAR)

Date Weekly Closing Price Open High Low Volume
23 Wed Oct 2024 0.97 1.09 1.09 0.97 9.88 times
18 Fri Oct 2024 1.15 1.46 1.47 1.15 2.326 times
11 Fri Oct 2024 1.52 1.53 1.57 1.45 0.363 times
04 Wed Sep 2024 1.78 2.09 2.09 1.75 0.639 times
30 Fri Aug 2024 2.05 1.76 2.10 1.76 0.986 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Akshar Spintex (AKSHAR)

Date Monthly Closing Price Open High Low Volume
23 Wed Oct 2024 0.97 1.53 1.57 0.97 9.551 times
04 Wed Sep 2024 1.78 2.09 2.09 1.75 0.075 times
30 Fri Aug 2024 2.05 2.50 2.67 1.58 5.179 times
31 Wed Jul 2024 2.43 2.66 2.70 2.12 1.233 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Akshar Spintex (AKSHAR)

Indicator Name Indicator Value Indicator Signal
ADX 45, 55, 9 Sell
MACD -1, -1Buy
Stochastics 0Sell
CCI -116Sell
RSI 48Sell
OBV -138543498Sell
VWAP 1Sell
ADL 0Sell
ROC -37Sell
Force Index 0Sell

Price action analysis of Akshar Spintex ( (AKSHAR) ) based on a short term time period is

Price action analysis of Akshar Spintex ( (AKSHAR) ) 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 Akshar Spintex ( (AKSHAR) ) based on a short to mid 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 Akshar Spintex ( (AKSHAR) ) 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 Akshar Spintex stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Akshar Spintex in short term but the buy signal is initial and weak.

Akshar Spintex Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Akshar Spintex in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Akshar Spintex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.04 and Akshar Spintex (AKSHAR) 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 Akshar Spintex (AKSHAR) stock. Volume based technical analysis of Akshar Spintex (AKSHAR) stock is negative.

Akshar Spintex 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.

Click here for Akshar Spintex charts

Click here for further forecast and predictions for tomorrow

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