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(GOYALALUM_BE) Goyal Aluminiums complete technical analysis [charts+indicators] | Buy/Sell Goyal Aluminiums | (GOYALALUM_BE) share price targets

Complete technical analysis of Goyal Aluminiums (GOYALALUM_BE) by charts plus indicators, forecast predictions and share price targets for Goyal Aluminiums (GOYALALUM_BE)

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Goyal Aluminiums is 201947

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	9.30	9.10	9.30	9.00	0.742 times
01 Mon Apr 2024	8.90	8.55	8.90	8.55	0.717 times
28 Thu Mar 2024	8.50	8.90	8.95	8.30	0.842 times
27 Wed Mar 2024	8.65	8.85	9.05	8.60	1.381 times
26 Tue Mar 2024	8.85	9.00	9.10	8.55	0.833 times
22 Fri Mar 2024	8.80	8.70	8.85	8.50	0.76 times
21 Thu Mar 2024	8.45	8.40	8.75	8.35	1.279 times
20 Wed Mar 2024	8.35	8.70	8.90	8.20	1.359 times
19 Tue Mar 2024	8.60	8.90	9.10	8.45	1.422 times
18 Mon Mar 2024	8.90	9.20	9.30	8.80	0.997 times

My analysis of stock is bullish for shortterm, and stock might move up till 9.7 or till 10.3. Use a stoploss of 9.15 and if this stock hits its stoploss, then it can fall down till 8.61

Share price targets for Goyal Aluminiums (GOYALALUM_BE)

Target Type	Value
Downside Target	8.20
Downside Target	9.10
Downside Target	9.30
Upside Target	9.55
Upside Target	9.70
Upside Target	10.15
Upside Target	10.25
Upside Target	10.60
Upside Target	11.20
Upside Target	12.40

Intraday share price targets for Goyal Aluminiums (GOYALALUM_BE)

Target Type	Value
Downside Intraday Target	8.8
Downside Intraday Target	8.3
Upside Intraday Target	9.55
Upside Intraday Target	9.8
Downside Intraday Target	9.05

Weekly technical analysis of Goyal Aluminiums (GOYALALUM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	9.30	8.55	9.30	8.55	0.478 times
28 Thu Mar 2024	8.50	9.00	9.10	8.30	0.525 times
22 Fri Mar 2024	8.80	9.20	9.30	8.20	1.369 times
15 Fri Mar 2024	9.20	10.00	10.15	8.40	1.69 times
07 Thu Mar 2024	9.80	10.10	10.25	9.55	0.376 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 Goyal Aluminiums (GOYALALUM_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	9.30	8.55	9.30	8.55	0.087 times
28 Thu Mar 2024	8.50	10.10	10.25	8.20	0.714 times
29 Thu Feb 2024	10.10	10.05	11.20	9.10	0.729 times
31 Wed Jan 2024	9.90	9.80	12.40	9.70	0.972 times

Scroll below to view daily charts

Price has moved up 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 Goyal Aluminiums (GOYALALUM_BE)

Price action analysis of Goyal Aluminiums ( (GOYALALUM_BE) ) 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 Goyal Aluminiums ( (GOYALALUM_BE) ) 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 Goyal Aluminiums ( (GOYALALUM_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 Goyal Aluminiums ( (GOYALALUM_BE) ) 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 Goyal Aluminiums stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Goyal Aluminiums 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.

Goyal Aluminiums Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Goyal Aluminiums in short term and BUY signal is strong.

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

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

Stock of Goyal Aluminiums is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.68 and Goyal Aluminiums (GOYALALUM_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 Goyal Aluminiums (GOYALALUM_BE) stock. Volume based technical analysis of Goyal Aluminiums (GOYALALUM_BE) stock is negative.

Goyal Aluminiums 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.