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(MALUPAPER_BE) Malu Paper complete technical analysis [charts+indicators] | Buy/Sell Malu Paper | (MALUPAPER_BE) share price targets

Complete technical analysis of Malu Paper (MALUPAPER_BE) by charts plus indicators, forecast predictions and share price targets for Malu Paper (MALUPAPER_BE)

10 day averaged volume of Malu Paper is 3888

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	38.85	38.90	38.90	38.85	0.576 times
24 Wed Apr 2024	38.90	38.35	38.90	38.35	1.526 times
23 Tue Apr 2024	38.15	38.15	38.15	38.00	1.003 times
22 Mon Apr 2024	38.00	38.50	38.50	38.00	1.466 times
19 Fri Apr 2024	38.70	38.50	38.70	38.50	0.473 times
18 Thu Apr 2024	38.50	38.60	38.60	38.05	0.95 times
16 Tue Apr 2024	38.70	38.95	38.95	38.70	1.524 times
15 Mon Apr 2024	39.45	39.45	39.45	39.45	0.622 times
12 Fri Apr 2024	40.25	40.30	40.30	40.25	1.306 times
10 Wed Apr 2024	41.05	41.15	41.15	41.05	0.85 times

My analysis of stock is bearish for shortterm, and stock might move down till 37.8 or till 35.7. Use a stoploss of 39.57 and if the stock hits stoploss, then it can shoot up till 41.35

Share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Target	26.50
Downside Target	29.00
Downside Target	31.00
Downside Target	33.90
Downside Target	36.00
Downside Target	38.00
Upside Target	38.90
Upside Target	40.25
Upside Target	40.35
Upside Target	43.55
Upside Target	43.85
Upside Target	49.20
Upside Target	62.85

Intraday share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Intraday Target	38.27
Downside Intraday Target	37.68
Upside Intraday Target	39.17
Upside Intraday Target	39.48
Downside Intraday Target	38.58

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	38.85	38.50	38.90	38.00	1.281 times
19 Fri Apr 2024	38.70	39.45	39.45	38.05	0.657 times
12 Fri Apr 2024	40.25	43.85	43.85	40.25	0.413 times
05 Fri Apr 2024	42.45	36.95	43.55	36.00	0.585 times
28 Thu Mar 2024	36.25	38.65	40.35	36.00	1.108 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 Malu Paper (MALUPAPER_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	38.85	36.95	43.85	36.00	0.288 times
28 Thu Mar 2024	36.25	47.45	49.20	36.00	0.529 times
29 Thu Feb 2024	47.05	27.95	62.85	26.55	2.986 times
29 Fri Jan 2021	26.75	30.25	31.00	26.50	0.874 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 Malu Paper (MALUPAPER_BE)

Price action analysis of Malu Paper ( (MALUPAPER_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 Malu Paper ( (MALUPAPER_BE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Malu Paper ( (MALUPAPER_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 Malu Paper stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Malu Paper in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Malu Paper 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 coming down

CCI has generated a buy signal for Malu Paper in short term but BUY signal is weak.

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

Stock of Malu Paper is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39 and Malu Paper (MALUPAPER_BE) 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 Malu Paper (MALUPAPER_BE) stock. Volume based technical analysis of Malu Paper (MALUPAPER_BE) stock is negative.

Malu Paper 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.