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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 2024-05-24 View latest technical analysis

10 day averaged volume of Malu Paper is 20818

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	38.45	38.80	38.80	38.45	0.3 times
23 Thu May 2024	39.20	39.80	39.80	39.20	0.134 times
22 Wed May 2024	40.00	40.00	40.05	40.00	0.421 times
21 Tue May 2024	40.80	43.00	43.00	40.80	1.421 times
18 Sat May 2024	42.95	43.85	43.85	41.10	0.408 times
17 Fri May 2024	42.20	40.10	42.20	39.00	1.992 times
16 Thu May 2024	40.20	40.90	40.90	38.60	2.778 times
15 Wed May 2024	39.50	39.50	39.75	38.15	1.122 times
14 Tue May 2024	37.90	36.60	38.25	36.60	0.442 times
13 Mon May 2024	36.60	34.90	36.60	34.60	0.515 times

My analysis of stock is bullish for shortterm, and stock might move up till 40.4 or till 43.1. Use a stoploss of 38.14 and if this stock hits its stoploss, then it can fall down till 35.9

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
Upside Target	38.90
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	36.93
Downside Intraday Target	35.42
Upside Intraday Target	41.48
Upside Intraday Target	44.52
Upside Intraday Target	39.97

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	38.45	43.00	43.00	38.45	0.314 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
24 Fri May 2024	38.45	37.50	43.85	34.60	2.028 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Malu Paper ( (MALUPAPER_BE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing momentum.

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

Malu Paper Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining 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 40.36 and Malu Paper (MALUPAPER_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.