Goyal Associates (Small Cap) Share Target 2024, 2025 To 2039
Goyal Associates Limited |
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Price: ₹1.55 | |||
52 Week Low: ₹1.50 52 Week High: ₹2.65 |
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Market Capital: 7.52 Crore (Smallcap) | |||
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Show Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Goyal Associates Share Price Target For 2024
- 1.1.1: Goyal Associates Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Goyal Associates Share Price Target For 2025
- 1.2.1: Goyal Associates Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Goyal Associates Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Goyal Associates Financial Performance
- 3.0.1: Is Goyal Associates A Good Buy For Long Term?
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%
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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.