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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 2024-05-09 View latest technical analysis

10 day averaged volume of Malu Paper is 4903

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	35.25	35.25	35.25	35.20	1.051 times
08 Wed May 2024	35.25	35.70	35.70	35.10	0.901 times
07 Tue May 2024	35.75	36.20	36.20	35.75	0.626 times
06 Mon May 2024	36.20	36.80	36.80	36.20	0.555 times
03 Fri May 2024	36.90	36.55	36.90	36.55	1.783 times
02 Thu May 2024	36.90	37.50	37.50	36.90	1.127 times
30 Tue Apr 2024	37.55	38.00	38.00	37.55	1.137 times
29 Mon Apr 2024	38.00	38.20	38.20	38.00	1.029 times
26 Fri Apr 2024	38.20	38.10	38.75	38.10	1.176 times
25 Thu Apr 2024	38.85	38.90	38.90	38.85	0.457 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36.4, but if it comes above 36.4, then a intra day buy could be more profitable.
If you take a sell trade below 36.4, then use 36.4 as stoploss and 34.3 as target. However if you take a buy trade in stock , then use 36.4 as stoploss and 38.12 as target.

Share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Target	26.50
Downside Target	31.00
Downside Target	35.10
Upside Target	36.00
Upside Target	38.20
Upside Target	38.90
Upside Target	39.45
Upside Target	40.25
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	34.63
Downside Intraday Target	34.02
Upside Intraday Target	36.33
Upside Intraday Target	37.42
Upside Intraday Target	35.72

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	35.25	36.80	36.80	35.10	0.617 times
03 Fri May 2024	36.90	38.20	38.20	36.55	1.057 times
26 Fri Apr 2024	38.20	38.50	38.90	38.00	1.696 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

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
09 Thu May 2024	35.25	37.50	37.50	35.10	0.246 times
30 Tue Apr 2024	37.55	36.95	43.85	36.00	0.333 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

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 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 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 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 36.9 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.