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

(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 2024-03-21 View latest technical analysis

10 day averaged volume of Malu Paper is 18297

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	38.55	38.80	38.80	38.00	2.314 times
20 Wed Mar 2024	37.90	38.40	38.50	37.50	0.371 times
19 Tue Mar 2024	37.50	36.60	38.40	36.60	0.495 times
18 Mon Mar 2024	37.80	37.85	38.50	37.20	0.646 times
15 Fri Mar 2024	37.40	38.60	38.80	37.00	0.873 times
14 Thu Mar 2024	38.60	39.50	39.75	37.75	2.248 times
13 Wed Mar 2024	39.70	40.00	41.90	39.70	0.558 times
12 Tue Mar 2024	41.75	43.95	43.95	41.75	2.561 times
11 Mon Mar 2024	43.95	46.75	46.75	43.00	0.567 times
07 Thu Mar 2024	45.25	45.10	46.40	43.55	0.525 times

Stock of Malu Paper (MALUPAPER_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.3, but if it comes above 39.3, then a intra day buy could be more profitable.
If you take a sell trade below 39.3, then use 39.3 as stoploss and 33.8 as target. However if you take a buy trade in stock , then use 39.3 as stoploss and 43.82 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	36.60
Upside Target	38.80
Upside Target	42.60
Upside Target	43.55
Upside Target	45.10
Upside Target	46.75
Upside Target	48.75
Upside Target	49.60
Upside Target	50.80
Upside Target	53.40
Upside Target	62.85

Intraday share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Intraday Target	37.17
Downside Intraday Target	35.78
Upside Intraday Target	39.37
Upside Intraday Target	40.18
Downside Intraday Target	37.98

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	38.55	37.85	38.80	36.60	0.562 times
15 Fri Mar 2024	37.40	46.75	46.75	37.00	2.537 times
07 Thu Mar 2024	45.25	48.65	48.75	43.55	0.595 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

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
21 Thu Mar 2024	38.55	47.45	49.20	36.60	0.388 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 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 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 39.74 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.