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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 2024-06-05 View latest technical analysis

10 day averaged volume of Malu Paper is 6896

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	34.70	34.85	34.85	34.70	0.371 times
04 Tue Jun 2024	35.05	35.50	35.50	35.05	0.709 times
03 Mon Jun 2024	35.75	36.45	36.45	35.75	2.122 times
31 Fri May 2024	36.45	35.70	36.45	35.70	0.612 times
30 Thu May 2024	35.75	36.20	36.20	35.75	1.085 times
29 Wed May 2024	36.45	36.25	36.45	36.25	0.215 times
28 Tue May 2024	36.95	37.10	37.10	36.95	0.427 times
27 Mon May 2024	37.70	37.70	37.70	37.70	2.25 times
24 Fri May 2024	38.45	38.80	38.80	38.45	0.904 times
23 Thu May 2024	39.20	39.80	39.80	39.20	0.405 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 35.4, but if it comes above 35.4, then a intra day buy could be more profitable.
If you take a sell trade below 35.4, then use 35.4 as stoploss and 32.5 as target. However if you take a buy trade in stock , then use 35.4 as stoploss and 37.84 as target.

Share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Target	26.55
Downside Target	34.60
Upside Target	35.70
Upside Target	37.70
Upside Target	38.45
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	34.12
Downside Intraday Target	33.53
Upside Intraday Target	35.87
Upside Intraday Target	37.03
Upside Intraday Target	35.28

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	34.70	36.45	36.45	34.70	0.698 times
31 Fri May 2024	36.45	37.70	37.70	35.70	0.668 times
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

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
05 Wed Jun 2024	34.70	36.45	36.45	34.70	0.08 times
31 Fri May 2024	36.45	37.50	43.85	34.60	2.291 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

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 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 mid to longer 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.

ADX buy sell signal for Malu Paper stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

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 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 36.68 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.