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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)

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of Malu Paper is 17893

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	46.50	46.00	47.70	46.00	0.643 times
04 Mon Mar 2024	46.90	48.65	48.75	46.20	0.382 times
02 Sat Mar 2024	47.70	46.55	49.20	46.55	0.207 times
01 Fri Mar 2024	47.80	47.45	49.00	47.00	0.951 times
29 Thu Feb 2024	47.05	46.95	48.40	45.10	0.469 times
28 Wed Feb 2024	46.90	48.50	48.50	46.50	0.608 times
27 Tue Feb 2024	48.65	50.20	50.50	48.00	1.262 times
26 Mon Feb 2024	50.20	50.60	50.80	49.20	1.115 times
23 Fri Feb 2024	51.10	50.50	52.40	50.35	0.611 times
22 Thu Feb 2024	51.00	51.40	53.40	50.00	1.467 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.3, but if it comes above 47.3, then a intra day buy could be more profitable.
If you take a sell trade below 47.3, then use 47.3 as stoploss and 44.7 as target. However if you take a buy trade in stock , then use 47.3 as stoploss and 49.59 as target.

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	35.55
Downside Target	42.60
Downside Target	45.10
Upside Target	48.75
Upside Target	50.80
Upside Target	52.20
Upside Target	53.40
Upside Target	53.60
Upside Target	62.85

Intraday share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Intraday Target	45.42
Downside Intraday Target	44.33
Upside Intraday Target	48.17
Upside Intraday Target	49.83
Upside Intraday Target	47.08

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	46.50	48.65	48.75	46.00	0.222 times
02 Sat Mar 2024	47.70	50.60	50.80	45.10	0.602 times
23 Fri Feb 2024	51.10	51.70	53.40	49.60	0.663 times
16 Fri Feb 2024	50.70	53.60	53.60	45.20	0.756 times
09 Fri Feb 2024	52.20	62.85	62.85	52.20	83.723 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
05 Tue Mar 2024	46.50	47.45	49.20	46.00	0.057 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
31 Thu Dec 2020	30.25	30.75	33.90	29.00	2.899 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 Malu Paper (MALUPAPER_BE)

Price action analysis of Malu Paper ( (MALUPAPER_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 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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

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

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 green color and prices are in or below the green 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 positive zone. This is a BUY 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 48.88 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.