(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 4119
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 550.15 | 557.60 | 559.40 | 549.35 | 0.368 times |
| 30 Thu May 2024 | 554.70 | 550.00 | 596.00 | 541.60 | 2.784 times |
| 29 Wed May 2024 | 601.20 | 622.30 | 641.75 | 590.05 | 1.924 times |
| 28 Tue May 2024 | 627.20 | 634.70 | 642.45 | 618.85 | 0.98 times |
| 27 Mon May 2024 | 631.40 | 629.00 | 639.25 | 628.00 | 0.441 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 563.3, but if it comes above 563.3, then a intra day buy could be more profitable.
If you take a sell trade below 563.3, then use 563.3 as stoploss and 526.4 as target. However if you take a buy trade in stock , then use 563.3 as stoploss and 594.02 as target.
Share price targets for Loyal Textile (LOYALTEX)
| Target Type | Value |
| Downside Target | 484.20 |
| Downside Target | 501.10 |
| Downside Target | 541.60 |
| Upside Target | 600.00 |
| Upside Target | 629.95 |
| Upside Target | 630.00 |
| Upside Target | 642.45 |
| Upside Target | 679.00 |
| Upside Target | 698.00 |
| Upside Target | 701.10 |
| Upside Target | 729.00 |
Intraday share price targets for Loyal Textile (LOYALTEX)
| Target Type | Value |
| Downside Intraday Target | 513.68 |
| Downside Intraday Target | 477.22 |
| Upside Intraday Target | 614.53 |
| Upside Intraday Target | 678.92 |
| Upside Intraday Target | 578.07 |
Weekly technical analysis of Loyal Textile (LOYALTEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 550.15 | 629.00 | 642.45 | 541.60 | 1.855 times |
| 24 Fri May 2024 | 640.05 | 568.05 | 698.00 | 568.05 | 2.575 times |
| 17 Fri May 2024 | 591.05 | 562.50 | 602.55 | 551.80 | 0.428 times |
| 10 Fri May 2024 | 559.70 | 592.05 | 619.70 | 550.00 | 1.351 times |
| 03 Fri May 2024 | 589.35 | 560.00 | 629.95 | 559.80 | 1.028 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 Loyal Textile (LOYALTEX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 550.15 | 568.15 | 698.00 | 541.60 | 1.509 times |
| 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 |
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Loyal Textile (LOYALTEX)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 18, 26, 19 | Sell |
| MACD | 4, 13 | Sell |
| Stochastics | 13 | Sell |
| CCI | -149 | Sell |
| RSI | 50 | Sell |
| OBV | -18629 | Sell |
| VWAP | 605 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile ( (LOYALTEX) ) based on a short to mid term time period is
Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a mid to longer 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.
ADX buy sell signal for Loyal Textile stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Loyal Textile in short term but the sell signal is initial and weak.
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 in or above 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 SELL signal in short term but selling 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 604.91 and Loyal Textile (LOYALTEX) 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 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.
Click here for Loyal Textile charts
Click here for further forecast and predictions for tomorrow
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
NSE Stock Exchange NSE stock market news stock intraday tips
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © MoneySIP.com2024 All Rights reserved.