Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(GALLANTT_BE) Gallantt Metal complete technical analysis [charts+indicators] | Buy/Sell Gallantt Metal | (GALLANTT_BE) share price targets

Complete technical analysis of Gallantt Metal (GALLANTT_BE) by charts plus indicators, forecast predictions and share price targets for Gallantt Metal (GALLANTT_BE)

Showing technical analysis as on 2024-08-16 View latest technical analysis

10 day averaged volume of Gallantt Metal is 245765

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	342.10	343.00	354.40	342.10	0.157 times
14 Wed Aug 2024	360.10	378.65	378.65	346.05	1.132 times
13 Tue Aug 2024	360.65	360.65	360.65	360.65	0.093 times
12 Mon Aug 2024	343.50	343.50	343.50	343.50	0.115 times
09 Fri Aug 2024	327.15	327.15	327.15	327.15	0.103 times
08 Thu Aug 2024	311.60	299.95	311.60	298.10	7.634 times
07 Wed Aug 2024	296.80	289.00	300.00	288.05	0.147 times
06 Tue Aug 2024	292.70	288.05	305.50	288.05	0.275 times
05 Mon Aug 2024	302.90	305.00	311.45	299.00	0.3 times
02 Fri Aug 2024	311.70	299.00	314.80	299.00	0.086 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 338.5, but if it comes below 338.5, then a intra day sell could be more profitable.
If you take a sell trade below 338.5, then use 338.5 as stoploss and 320.37 as target. However if you take a buy trade in stock , then use 338.5 as stoploss and 360.4 as target.

Share price targets for Gallantt Metal (GALLANTT_BE)

Target Type	Value
Downside Target	190.05
Downside Target	251.00
Downside Target	257.10
Downside Target	288.05
Downside Target	299.00
Downside Target	326.10
Downside Target	331.00
Downside Target	342.10
Upside Target	344.90
Upside Target	371.40
Upside Target	378.65
Upside Target	384.00

Intraday share price targets for Gallantt Metal (GALLANTT_BE)

Target Type	Value
Downside Intraday Target	329.92
Downside Intraday Target	317.73
Upside Intraday Target	366.47
Upside Intraday Target	390.83
Upside Intraday Target	354.28

Weekly technical analysis of Gallantt Metal (GALLANTT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	342.10	343.50	378.65	342.10	0.177 times
09 Fri Aug 2024	327.15	305.00	327.15	288.05	12.027 times
02 Fri Aug 2024	311.70	328.45	331.00	299.00	0.701 times
26 Fri Jul 2024	323.45	305.00	329.95	301.05	1.061 times
19 Fri Jul 2024	307.85	323.15	344.90	299.00	1.057 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 Gallantt Metal (GALLANTT_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	342.10	311.55	378.65	288.05	1.999 times
31 Wed Jul 2024	311.55	360.00	384.00	299.00	0.845 times
28 Fri Jun 2024	358.00	278.20	371.40	251.00	0.837 times
31 Fri May 2024	265.50	310.60	326.10	257.10	0.711 times

Scroll below to view daily charts

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

Indicators analysis of Gallantt Metal (GALLANTT_BE)

Price action analysis of Gallantt Metal ( (GALLANTT_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Gallantt Metal ( (GALLANTT_BE) ) 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 Gallantt Metal ( (GALLANTT_BE) ) 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 Gallantt Metal stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Gallantt Metal 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.

Gallantt Metal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Gallantt Metal in short term but SELL 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 Gallantt Metal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 317.53 and Gallantt Metal (GALLANTT_BE) 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 Gallantt Metal (GALLANTT_BE) stock. Volume based technical analysis of Gallantt Metal (GALLANTT_BE) stock is negative.

Gallantt Metal Stock is giving positive 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.