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(GtnTextile) Gtn Textile complete technical analysis [charts+indicators] | Buy/Sell Gtn Textile | (GtnTextile) share price targets

Complete technical analysis of Gtn Textile (GtnTextile) by charts plus indicators, forecast predictions and share price targets for Gtn Textile (GtnTextile)

Showing technical analysis as on 2024-12-23 View latest technical analysis

10 day averaged volume of Gtn Textile is 2849

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	12.04	12.10	12.43	11.85	0.863 times
20 Fri Dec 2024	11.85	11.76	12.50	11.76	1.18 times
19 Thu Dec 2024	12.02	12.90	12.90	11.76	0.956 times
18 Wed Dec 2024	12.54	13.05	13.05	12.03	0.861 times
17 Tue Dec 2024	12.79	12.90	12.90	12.30	0.614 times
16 Mon Dec 2024	12.65	13.30	13.30	12.51	0.973 times
13 Fri Dec 2024	12.74	12.85	12.85	12.00	0.459 times
12 Thu Dec 2024	12.60	12.60	13.00	12.20	0.895 times
11 Wed Dec 2024	12.60	12.72	12.72	12.11	3.502 times
10 Tue Dec 2024	12.72	12.78	12.86	12.26	0.329 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.2, but if it comes above 12.2, then a intra day buy could be more profitable.
If you take a sell trade below 12.2, then use 12.2 as stoploss and 11.8 as target. However if you take a buy trade in stock , then use 12.2 as stoploss and 12.47 as target.

Share price targets for Gtn Textile (GtnTextile)

Target Type	Value
Downside Target	10.76
Downside Target	11.02
Downside Target	11.76
Upside Target	12.43
Upside Target	12.94
Upside Target	13.00
Upside Target	13.30
Upside Target	13.69
Upside Target	14.76
Upside Target	14.88

Intraday share price targets for Gtn Textile (GtnTextile)

Target Type	Value
Downside Intraday Target	11.78
Downside Intraday Target	11.53
Upside Intraday Target	12.36
Upside Intraday Target	12.69
Upside Intraday Target	12.11

Weekly technical analysis of Gtn Textile (GtnTextile)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	12.04	12.10	12.43	11.85	0.188 times
20 Fri Dec 2024	11.85	13.30	13.30	11.76	0.846 times
13 Fri Dec 2024	12.74	12.43	13.00	12.00	0.453 times
06 Fri Dec 2024	12.60	12.17	13.30	11.80	6.536 times
29 Fri Nov 2024	12.05	12.00	12.94	11.81	0.302 times

Price has moved up 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 Gtn Textile (GtnTextile)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	12.04	12.17	13.30	11.76	1.251 times
29 Fri Nov 2024	12.05	11.89	12.94	11.02	0.376 times
31 Thu Oct 2024	11.69	13.69	13.69	10.76	1.174 times
30 Mon Sep 2024	13.05	13.34	14.88	12.13	0.429 times

Scroll below to view daily charts

Price has moved down 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 Gtn Textile (GtnTextile)

Price action analysis of Gtn Textile ( (GtnTextile) ) 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 Gtn Textile ( (GtnTextile) ) based on a short to mid 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 Gtn Textile ( (GtnTextile) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Gtn Textile stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Gtn Textile in short term and the sell signal is strong.

Gtn 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Gtn Textile in short term but BUY signal is weak.

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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Gtn 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 12.44 and Gtn Textile (GtnTextile) 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 Gtn Textile (GtnTextile) stock. Volume based technical analysis of Gtn Textile (GtnTextile) stock is negative.

Gtn Textile Stock has given negative returns over a short term period. Returns for a longer term period have been positive

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