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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 2024-05-13 View latest technical analysis

10 day averaged volume of Malu Paper is 6199

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	36.60	34.90	36.60	34.60	1.728 times
10 Fri May 2024	34.90	35.25	35.25	34.65	2.577 times
09 Thu May 2024	35.25	35.25	35.25	35.20	0.831 times
08 Wed May 2024	35.25	35.70	35.70	35.10	0.713 times
07 Tue May 2024	35.75	36.20	36.20	35.75	0.495 times
06 Mon May 2024	36.20	36.80	36.80	36.20	0.439 times
03 Fri May 2024	36.90	36.55	36.90	36.55	1.41 times
02 Thu May 2024	36.90	37.50	37.50	36.90	0.891 times
30 Tue Apr 2024	37.55	38.00	38.00	37.55	0.899 times
29 Mon Apr 2024	38.00	38.20	38.20	38.00	0.814 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 36.1 as stoploss in an intra day buy trade for a target of 37.55. However, stock will show a bearish move below 36.1.

Share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Target	26.50
Downside Target	31.00
Downside Target	34.60
Downside Target	36.00
Upside Target	38.00
Upside Target	38.05
Upside Target	38.20
Upside Target	38.90
Upside Target	39.45
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	35.27
Downside Intraday Target	33.93
Upside Intraday Target	37.27
Upside Intraday Target	37.93
Downside Intraday Target	35.93

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	36.60	34.90	36.60	34.60	0.342 times
10 Fri May 2024	34.90	36.80	36.80	34.65	1.259 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

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
13 Mon May 2024	36.60	37.50	37.50	34.60	0.468 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 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 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.

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 in or above 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 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 36.19 and Malu Paper (MALUPAPER_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.