Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-21 View latest technical analysis

10 day averaged volume of Malu Paper is 8226

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	36.50	36.15	36.70	36.15	0.708 times
20 Thu Jun 2024	36.20	35.80	36.20	35.80	0.364 times
19 Wed Jun 2024	35.50	36.20	36.20	35.50	0.689 times
18 Tue Jun 2024	36.23	36.97	36.97	36.23	0.704 times
14 Fri Jun 2024	36.97	36.70	36.97	36.70	2.563 times
13 Thu Jun 2024	36.25	35.85	36.25	35.85	0.531 times
12 Wed Jun 2024	35.80	35.80	35.85	35.80	0.905 times
11 Tue Jun 2024	35.85	35.99	35.99	35.85	0.615 times
10 Mon Jun 2024	36.05	35.35	36.05	35.35	0.927 times
07 Fri Jun 2024	35.35	34.75	35.35	34.75	1.553 times

My analysis of stock is bullish for shortterm, and stock might move up till 37 or till 38.1. Use a stoploss of 36.13 and if this stock hits its stoploss, then it can fall down till 35.23

Share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Target	26.55
Downside Target	34.60
Upside Target	36.97
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	35.68
Downside Intraday Target	34.85
Upside Intraday Target	37.15
Upside Intraday Target	37.79
Downside Intraday Target	36.32

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	36.50	36.97	36.97	35.50	0.445 times
14 Fri Jun 2024	36.97	35.35	36.97	35.35	1.029 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

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 Fri Jun 2024	36.50	36.45	36.97	34.70	0.4 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 but buying is losing 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 36.17 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.