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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 7085

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	38.50	38.60	38.60	38.05	0.521 times
16 Tue Apr 2024	38.70	38.95	38.95	38.70	0.837 times
15 Mon Apr 2024	39.45	39.45	39.45	39.45	0.341 times
12 Fri Apr 2024	40.25	40.30	40.30	40.25	0.716 times
10 Wed Apr 2024	41.05	41.15	41.15	41.05	0.466 times
09 Tue Apr 2024	41.85	42.50	42.50	41.85	0.154 times
08 Mon Apr 2024	42.70	43.85	43.85	41.10	1.644 times
05 Fri Apr 2024	42.45	42.95	42.95	41.10	1.409 times
04 Thu Apr 2024	42.20	43.20	43.55	41.55	1.61 times
03 Wed Apr 2024	41.50	41.70	41.90	40.95	1.407 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 37.6 as stoploss in an intra day buy trade for a target of 39.46. However, stock will show a bearish move below 37.6.

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	38.05
Upside Target	39.00
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	37.88
Downside Intraday Target	37.27
Upside Intraday Target	39.28
Upside Intraday Target	40.07
Upside Intraday Target	38.67

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	38.50	39.45	39.45	38.05	0.57 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
22 Fri Mar 2024	38.65	37.85	39.00	36.60	0.634 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 Malu Paper (MALUPAPER_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	38.50	36.95	43.85	36.00	0.234 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 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 Malu Paper ( (MALUPAPER_BE) ) based on a short to mid 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 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 Strong and stock is gaining momentum.

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

Malu Paper 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Malu Paper in short term and SELL 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 Malu Paper is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.37 and Malu Paper (MALUPAPER_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.