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(ALICON) Alicon Castalloy complete technical analysis [charts+indicators] | Buy/Sell Alicon Castalloy | (ALICON) share price targets

Complete technical analysis of Alicon Castalloy (ALICON) by charts plus indicators, forecast predictions and share price targets for Alicon Castalloy (ALICON)

10 day averaged volume of Alicon Castalloy is 45784

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 981.85 958.10 1000.65 958.10 0.956 times
20 Mon May 2024 993.85 961.00 1001.00 961.00 0.392 times
17 Fri May 2024 955.20 1005.05 1005.05 942.70 6.609 times
16 Thu May 2024 869.00 879.30 892.00 861.40 0.5 times
15 Wed May 2024 868.40 867.00 875.45 852.20 0.232 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 954.1, but if it comes below 954.1, then a intra day sell could be more profitable.
If you take a sell trade below 954.1, then use 954.1 as stoploss and 909.33 as target. However if you take a buy trade in stock , then use 954.1 as stoploss and 1007.9 as target.

Share price targets for Alicon Castalloy (ALICON)

Target Type Value
Downside Target 775.55
Downside Target 824.05
Downside Target 876.15
Downside Target 907.10
Downside Target 958.10
Downside Target 980.00
Upside Target 1001.00
Upside Target 1005.05
Upside Target 1019.25
Upside Target 1069.90

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type Value
Downside Intraday Target 959.63
Downside Intraday Target 937.42
Upside Intraday Target 1002.53
Upside Intraday Target 1023.22
Downside Intraday Target 980.32

Weekly technical analysis of Alicon Castalloy (ALICON)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 981.85 961.00 1001.00 958.10 0.167 times
17 Fri May 2024 955.20 855.00 1005.05 830.20 9.393 times
10 Fri May 2024 845.85 916.00 924.90 837.50 1.179 times
03 Fri May 2024 921.50 980.00 980.00 907.10 0.723 times
26 Fri Apr 2024 937.45 895.00 955.10 877.05 1.599 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 Alicon Castalloy (ALICON)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 981.85 940.00 1005.05 830.20 2.484 times
30 Tue Apr 2024 942.15 824.05 980.00 824.05 0.79 times
28 Thu Mar 2024 823.85 921.00 941.00 775.55 0.79 times
29 Thu Feb 2024 925.15 1000.00 1019.25 876.15 0.212 times

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

Indicators analysis of Alicon Castalloy (ALICON)

Indicator Name Indicator Value Indicator Signal
ADX 34, 11, 50 Buy
MACD 23, 7Buy
Stochastics 84Buy
CCI 115Sell
RSI 56Buy
OBV 346210Sell
VWAP 940Buy
ADL 0Sell
ROC 12Buy
Force Index 0Sell

Price action analysis of Alicon Castalloy ( (ALICON) ) based on a short 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.

Price action analysis of Alicon Castalloy ( (ALICON) ) based on a short 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.

Price action analysis of Alicon Castalloy ( (ALICON) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Alicon Castalloy ( (ALICON) ) 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 Alicon Castalloy stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Alicon Castalloy in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Alicon Castalloy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Alicon Castalloy in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Alicon Castalloy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 939.77 and Alicon Castalloy (ALICON) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Alicon Castalloy (ALICON) stock. Volume based technical analysis of Alicon Castalloy (ALICON) stock is negative.

Alicon Castalloy Stock is giving positive 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.

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