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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 2024-05-21 View latest technical analysis

10 day averaged volume of Malu Paper is 17968

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	40.80	43.00	43.00	40.80	1.646 times
18 Sat May 2024	42.95	43.85	43.85	41.10	0.473 times
17 Fri May 2024	42.20	40.10	42.20	39.00	2.308 times
16 Thu May 2024	40.20	40.90	40.90	38.60	3.219 times
15 Wed May 2024	39.50	39.50	39.75	38.15	1.299 times
14 Tue May 2024	37.90	36.60	38.25	36.60	0.512 times
13 Mon May 2024	36.60	34.90	36.60	34.60	0.596 times
10 Fri May 2024	34.90	35.25	35.25	34.65	0.889 times
09 Thu May 2024	35.25	35.25	35.25	35.20	0.287 times
08 Wed May 2024	35.25	35.70	35.70	35.10	0.246 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.2, but if it comes below 40.2, then a intra day sell could be more profitable.
If you take a sell trade below 40.2, then use 40.2 as stoploss and 38.05 as target. However if you take a buy trade in stock , then use 40.2 as stoploss and 42.9 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	40.80
Upside Target	43.00
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	40.07
Downside Intraday Target	39.33
Upside Intraday Target	42.27
Upside Intraday Target	43.73
Upside Intraday Target	41.53

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	40.80	43.00	43.00	40.80	0.196 times
18 Sat May 2024	42.95	34.90	43.85	34.60	4.821 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

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
21 Tue May 2024	40.80	37.50	43.85	34.60	1.88 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, and volume has increased substantially. This means that the move can 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 to mid 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 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 losing momentum.

MACD generated a BUY signal for Malu Paper in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Malu Paper in short term but SELL 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

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 39.79 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 negative.

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