Select Page

Goyal Associates (Small Cap) Share Target 2024, 2025 To 2039

Goyal Associates Limited

Company Logo Price: ₹1.55
52 Week Low: ₹1.50
52 Week High: ₹2.65
Market Capital: 7.52 Crore (Smallcap)
->
Show Table of Contents

To predict the Goyal Associates's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Goyal Associates Share Price Target For 2024

The line chart displays the monthly closing prices of Goyal Associates with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Goyal Associates shares in 2024, see the table below.

Goyal Associates Share Price Target Table For 2024

Level Value Analysis
2024 Target 3 1.62 (+4.51%) Price Action: 01 Aug 2023 Low
2024 Target 2 1.6 (+3.22%) Price Action: Dec 2001 Low
2024 Target 1 1.58 (+1.93%) Price Action: Dec 2022 High
Current Price 1.55 Goyal Associates's share price as of 26 Dec 2024
Stop Loss 1 1.53 (-1.3%) Fibonacci Retracement Level 98.60%
Stop Loss 2 1.51 (-2.59%) Price Action: Oct 2022 Low
Stop Loss 3 1.49 (-3.88%) Price Action: Nov 2020 High

Short-Term Technical Outlook

Current Technical Position: Goyal Associates is displaying bearish momentum trading below key moving averages.

Key Technical Level: The 25-day moving average at ₹1.6 serves as the nearest technical reference point.

Historical Returns: 3-month: -10.92% | 6-month: -14.36% | 1-year: -17.11%

Goyal Associates Share Price Target For 2025

The line chart displays the monthly closing prices of Goyal Associates with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Goyal Associates shares in 2025, see the table below.

Goyal Associates Share Price Target Table For 2025

Level Value Analysis
2025 Target 3 2.3 (+48.38%) Fibonacci Extension Level 64.90%
2025 Target 2 2.27 (+46.45%) Price Action: 19 Jan 2024 High
2025 Target 1 2.24 (+44.51%) Price Action: 13 Feb 2024 High
Current Price 1.55 Goyal Associates's share price as of 26 Dec 2024
Stop Loss 1 1.37 (-11.62%) Price Action: Jul 2016 High
Stop Loss 2 1.35 (-12.91%) Price Action: Jan 2021 Low
Stop Loss 3 1.33 (-14.2%) Price Action: Chart

Long-Term Technical Outlook

52-Week Range Analysis: Goyal Associates is currently trading near its 52-week low of ₹1.5, indicating potential value opportunity.

Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.

Long-Term Performance: 1-year: -17.11% | 3-year: -61.25% | 5-year: -9.36%

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Approach 2: Machine Learning By Studying Historical Prices

Goyal Associates Share Price Target Chart and Table From 2024, 2025, 2026 to 2039

Year Target 1 Target 1 YoY Chg % Target 2
Current Price ₹1.55
2024 ₹1.62 +4.51% ₹1.64
2025 ₹1.06 -34.56% ₹1.58
2026 ₹1.03 -2.83% ₹1.27
2027 ₹1.62 +57.28% ₹1.64
2028 ₹1.50 -7.4% ₹1.59
2029 ₹2.52 +68% ₹2.59
2030 ₹2.33 -7.53% ₹3.07
2031 ₹2.51 +7.72% ₹3.22
2032 ₹3.37 +34.26% ₹3.42
2033 ₹3.22 -4.45% ₹3.37
2034 ₹3.02 -6.21% ₹3.52
2035 ₹2.78 -7.94% ₹3.67
2036 ₹2.97 +6.83% ₹3.82
2037 ₹3.97 +33.67% ₹4.03
2038 ₹3.78 -4.78% ₹3.95
2039 ₹4.12 +8.99% ₹4.18

Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.

Goyal Associates Financial Performance

Metric Value Description
Market Capital 7.52 Crore Market valuation of Goyal Associates's shares.
Revenue Growth
(Quarterly)
-13.18% Change in revenue compared to the previous quarter.

Is Goyal Associates A Good Buy For Long Term?

Goyal Associates, a small-cap stock with a market capitalization of ₹7.52 crore, presents a mixed investment picture. While its 3-year return of 12.23% is positive, the past 5 years show a significant -43.48% loss. Recent performance is also weak, with YTD returns at -16.58% and a considerable quarterly revenue decline of -13.18%. Given this volatility and the substantial negative returns over the longer term, Goyal Associates is not a good buy for long-term investors at this time. Further investigation into the reasons behind the declining revenue and negative performance is warranted before considering any investment.

Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.

All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.