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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 2024-10-10 View latest technical analysis

10 day averaged volume of Alicon Castalloy is 22514

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	1309.15	1319.90	1319.90	1284.60	0.381 times
09 Wed Oct 2024	1309.05	1289.90	1324.60	1271.95	0.567 times
08 Tue Oct 2024	1284.15	1265.40	1294.00	1241.65	0.56 times
07 Mon Oct 2024	1257.90	1327.35	1352.60	1247.50	1.037 times
04 Fri Oct 2024	1310.75	1311.30	1338.50	1281.60	0.656 times
03 Thu Oct 2024	1317.30	1328.00	1349.00	1305.25	0.661 times
01 Tue Oct 2024	1357.40	1321.05	1389.00	1321.05	0.567 times
30 Mon Sep 2024	1329.35	1363.00	1389.45	1310.00	1.852 times
27 Fri Sep 2024	1357.30	1391.85	1405.05	1340.00	0.678 times
26 Thu Sep 2024	1378.05	1433.00	1444.45	1347.15	2.062 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1307.1 as stoploss in an intra day buy trade for a target of 1374.34. However, stock will show a bearish move below 1307.1.

Share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Target	964.80
Downside Target	1129.95
Downside Target	1222.05
Downside Target	1281.60
Upside Target	1350.00
Upside Target	1399.00
Upside Target	1419.60
Upside Target	1490.00
Upside Target	1495.00
Upside Target	1503.90
Upside Target	1505.00
Upside Target	1541.90

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Intraday Target	1249.67
Downside Intraday Target	1190.18
Upside Intraday Target	1360.62
Upside Intraday Target	1412.08
Downside Intraday Target	1301.13

Weekly technical analysis of Alicon Castalloy (ALICON)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	1309.15	1327.35	1352.60	1241.65	0.681 times
04 Fri Oct 2024	1310.75	1363.00	1389.45	1281.60	0.227 times
27 Fri Sep 2024	1357.30	1383.00	1503.90	1299.00	4.465 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

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
10 Thu Oct 2024	1309.15	1321.05	1389.00	1241.65	0.118 times
30 Mon Sep 2024	1329.35	1471.00	1541.90	1299.00	1.117 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

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 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 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

Alicon Castalloy 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Alicon Castalloy 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

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 1328.96 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.