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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 2024-05-15 View latest technical analysis

10 day averaged volume of Malu Paper is 7109

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	39.50	39.50	39.75	38.15	3.284 times
14 Tue May 2024	37.90	36.60	38.25	36.60	1.294 times
13 Mon May 2024	36.60	34.90	36.60	34.60	1.507 times
10 Fri May 2024	34.90	35.25	35.25	34.65	2.247 times
09 Thu May 2024	35.25	35.25	35.25	35.20	0.725 times
08 Wed May 2024	35.25	35.70	35.70	35.10	0.622 times
07 Tue May 2024	35.75	36.20	36.20	35.75	0.432 times
06 Mon May 2024	36.20	36.80	36.80	36.20	0.382 times
03 Fri May 2024	36.90	36.55	36.90	36.55	1.23 times
02 Thu May 2024	36.90	37.50	37.50	36.90	0.777 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.8, but if it comes below 38.8, then a intra day sell could be more profitable.
If you take a sell trade below 38.8, then use 38.8 as stoploss and 37.44 as target. However if you take a buy trade in stock , then use 38.8 as stoploss and 40.4 as target.

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
Downside Target	38.00
Downside Target	38.90
Downside Target	39.45
Upside Target	39.75
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	36.15
Downside Intraday Target	32.8
Upside Intraday Target	41.3
Upside Intraday Target	43.1
Downside Intraday Target	37.95

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	39.50	34.90	39.75	34.60	1.381 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
15 Wed May 2024	39.50	37.50	39.75	34.60	0.738 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 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 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and BUY 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

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 37.05 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 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 is giving positive 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.