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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 2024-06-12 View latest technical analysis

10 day averaged volume of Malu Paper is 7017

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	35.80	35.80	35.85	35.80	1.061 times
11 Tue Jun 2024	35.85	35.99	35.99	35.85	0.721 times
10 Mon Jun 2024	36.05	35.35	36.05	35.35	1.087 times
07 Fri Jun 2024	35.35	34.75	35.35	34.75	1.82 times
06 Thu Jun 2024	34.70	34.70	34.90	34.70	1.347 times
05 Wed Jun 2024	34.70	34.85	34.85	34.70	0.365 times
04 Tue Jun 2024	35.05	35.50	35.50	35.05	0.697 times
03 Mon Jun 2024	35.75	36.45	36.45	35.75	2.085 times
31 Fri May 2024	36.45	35.70	36.45	35.70	0.601 times
30 Thu May 2024	35.75	36.20	36.20	35.75	1.066 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 35 as stoploss in an intra day buy trade for a target of 37.52. However, stock will show a bearish move below 35.

Share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Target	26.55
Downside Target	34.60
Upside Target	36.45
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	35.42
Downside Intraday Target	35.03
Upside Intraday Target	36.12
Upside Intraday Target	36.43
Downside Intraday Target	35.73

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	35.80	35.35	36.05	35.35	0.454 times
07 Fri Jun 2024	35.35	36.45	36.45	34.70	1.4 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

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
12 Wed Jun 2024	35.80	36.45	36.45	34.70	0.234 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 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 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 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 Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 but SELL signal is weak.

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 35.55 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.