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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)

Alicon Castalloy trades in NSE in Aluminium sector.

Showing technical analysis as on 2024-09-23 View latest technical analysis

10 day averaged volume of Alicon Castalloy is 23009

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	1338.80	1383.00	1405.45	1299.00	2.266 times
20 Fri Sep 2024	1373.20	1389.90	1410.85	1364.75	0.668 times
19 Thu Sep 2024	1379.95	1418.00	1425.00	1370.75	1.019 times
18 Wed Sep 2024	1416.90	1475.30	1475.30	1391.55	0.958 times
17 Tue Sep 2024	1460.70	1465.60	1479.50	1425.00	0.607 times
16 Mon Sep 2024	1460.80	1483.85	1490.00	1449.10	0.349 times
13 Fri Sep 2024	1485.70	1470.10	1503.30	1458.00	0.586 times
12 Thu Sep 2024	1453.40	1472.40	1488.60	1449.45	0.493 times
11 Wed Sep 2024	1472.40	1450.25	1505.00	1443.55	4.145 times
10 Tue Sep 2024	1444.05	1448.50	1470.00	1430.05	0.593 times

Stock of Alicon Castalloy (ALICON) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1351.8, for a target of 1404.1 or 1447.72

Share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Target	830.20
Downside Target	964.80
Downside Target	1129.95
Downside Target	1160.40
Downside Target	1222.05
Downside Target	1299.00
Upside Target	1350.00
Upside Target	1399.00
Upside Target	1490.00
Upside Target	1495.00
Upside Target	1505.00
Upside Target	1541.90

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Intraday Target	1290.05
Downside Intraday Target	1241.3
Upside Intraday Target	1396.5
Upside Intraday Target	1454.2
Upside Intraday Target	1347.75

Weekly technical analysis of Alicon Castalloy (ALICON)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	1338.80	1383.00	1405.45	1299.00	0.629 times
20 Fri Sep 2024	1373.20	1483.85	1490.00	1364.75	0.563 times
13 Fri Sep 2024	1485.70	1429.50	1505.00	1419.60	0.73 times
06 Fri Sep 2024	1429.50	1471.00	1541.90	1401.85	1.557 times
30 Fri Aug 2024	1423.25	1420.80	1495.00	1400.00	0.393 times

Price has moved down 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
23 Mon Sep 2024	1338.80	1471.00	1541.90	1299.00	0.641 times
30 Fri Aug 2024	1423.25	1340.00	1495.00	1222.05	1.243 times
31 Wed Jul 2024	1317.30	1218.95	1399.00	1129.95	0.609 times
28 Fri Jun 2024	1213.20	1090.00	1350.00	964.80	0.764 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 Alicon Castalloy (ALICON)

Price action analysis of Alicon Castalloy ( (ALICON) ) 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 Alicon Castalloy ( (ALICON) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Alicon Castalloy in short term but the sell signal is initial and weak.

Alicon Castalloy 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 coming down

CCI has generated a SELL signal for Alicon Castalloy in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1425.67 and Alicon Castalloy (ALICON) 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 Alicon Castalloy (ALICON) stock. Volume based technical analysis of Alicon Castalloy (ALICON) stock is negative.

Alicon Castalloy Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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