(MAL_SM) Mangalam Alloys complete technical analysis [charts+indicators] | Buy/Sell Mangalam Alloys | (MAL_SM) share price targets
Complete technical analysis of Mangalam Alloys (MAL_SM) by charts plus indicators, forecast predictions and share price targets for Mangalam Alloys (MAL_SM)
10 day averaged volume of Mangalam Alloys is 11040
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 42.50 | 41.10 | 42.50 | 41.10 | 0.58 times |
| 16 Thu May 2024 | 41.50 | 41.85 | 41.85 | 41.50 | 0.435 times |
| 15 Wed May 2024 | 41.65 | 41.15 | 41.85 | 41.15 | 0.58 times |
| 14 Tue May 2024 | 41.15 | 42.45 | 42.45 | 41.10 | 0.725 times |
| 13 Mon May 2024 | 41.55 | 42.00 | 42.75 | 41.00 | 1.449 times |
My analysis of stock is bearish for shortterm, and stock might move down till 40.9 or till 38.8. Use a stoploss of 42.59 and if the stock hits stoploss, then it can shoot up till 44.3
Share price targets for Mangalam Alloys (MAL_SM)
| Target Type | Value |
| Downside Target | 32.55 |
| Downside Target | 38.00 |
| Downside Target | 39.90 |
| Downside Target | 41.00 |
| Upside Target | 45.25 |
| Upside Target | 46.30 |
| Upside Target | 46.70 |
| Upside Target | 50.20 |
| Upside Target | 51.70 |
| Upside Target | 52.30 |
| Upside Target | 55.85 |
Intraday share price targets for Mangalam Alloys (MAL_SM)
| Target Type | Value |
| Downside Intraday Target | 41.42 |
| Downside Intraday Target | 40.33 |
| Upside Intraday Target | 43.17 |
| Upside Intraday Target | 43.83 |
| Downside Intraday Target | 42.08 |
Weekly technical analysis of Mangalam Alloys (MAL_SM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 42.50 | 42.00 | 42.75 | 41.00 | 0.605 times |
| 10 Fri May 2024 | 42.00 | 44.00 | 46.00 | 41.65 | 1.72 times |
| 03 Fri May 2024 | 42.45 | 45.25 | 45.25 | 42.20 | 0.309 times |
| 26 Fri Apr 2024 | 45.50 | 39.90 | 46.30 | 39.90 | 2.793 times |
| 19 Fri Apr 2024 | 39.05 | 40.00 | 40.15 | 38.00 | 0.806 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 Mangalam Alloys (MAL_SM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 42.50 | 44.65 | 46.00 | 41.00 | 0.28 times |
| 30 Tue Apr 2024 | 43.25 | 32.55 | 46.30 | 32.55 | 0.442 times |
| 28 Thu Mar 2024 | 33.85 | 51.00 | 51.70 | 33.10 | 1.977 times |
| 29 Thu Feb 2024 | 49.65 | 50.95 | 52.30 | 46.70 | 0.836 times |
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 Mangalam Alloys (MAL_SM)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 32, 20, 24 | Buy |
| MACD | -1, -1 | Buy |
| Stochastics | 18 | Sell |
| CCI | -8 | Buy |
| RSI | 65 | Buy |
| OBV | 22400 | Sell |
| VWAP | 42 | Buy |
| ADL | 0 | Sell |
| ROC | 0 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Mangalam Alloys ( (MAL_SM) ) based on a short 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 Mangalam Alloys ( (MAL_SM) ) 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 Mangalam Alloys ( (MAL_SM) ) based on a short to mid 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 Mangalam Alloys ( (MAL_SM) ) based on a mid to longer 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.
ADX buy sell signal for Mangalam Alloys stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mangalam Alloys in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mangalam Alloys Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mangalam Alloys in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mangalam Alloys is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 41.81 and Mangalam Alloys (MAL_SM) 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 Mangalam Alloys (MAL_SM) stock. Volume based technical analysis of Mangalam Alloys (MAL_SM) stock is negative.
Mangalam Alloys 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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