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 2024-06-24 View latest technical analysis

10 day averaged volume of Malu Paper is 7863

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	37.23	36.50	37.23	36.50	1.53 times
21 Fri Jun 2024	36.50	36.15	36.70	36.15	0.741 times
20 Thu Jun 2024	36.20	35.80	36.20	35.80	0.381 times
19 Wed Jun 2024	35.50	36.20	36.20	35.50	0.721 times
18 Tue Jun 2024	36.23	36.97	36.97	36.23	0.736 times
14 Fri Jun 2024	36.97	36.70	36.97	36.70	2.681 times
13 Thu Jun 2024	36.25	35.85	36.25	35.85	0.555 times
12 Wed Jun 2024	35.80	35.80	35.85	35.80	0.946 times
11 Tue Jun 2024	35.85	35.99	35.99	35.85	0.643 times
10 Mon Jun 2024	36.05	35.35	36.05	35.35	0.97 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36.8, but if it comes below 36.8, then a intra day sell could be more profitable.
If you take a sell trade below 36.8, then use 36.8 as stoploss and 36.07 as target. However if you take a buy trade in stock , then use 36.8 as stoploss and 37.8 as target.

Share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Target	26.55
Downside Target	34.60
Downside Target	36.97
Downside Target	37.23
Upside Target	37.70
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	36.74
Downside Intraday Target	36.26
Upside Intraday Target	37.47
Upside Intraday Target	37.72
Downside Intraday Target	36.99

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	37.23	36.50	37.23	36.50	0.593 times
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

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
24 Mon Jun 2024	37.23	36.45	37.23	34.70	0.443 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 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Malu Paper stock for short term is BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 36.47 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.