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

(MAL_SM) Mangalam Alloys complete technical analysis [charts+indicators] | Buy/Sell Mangalam Alloys | (MAL_SM) share price targets

Complete technical analysis of Mangalam Alloys (MAL_SM) by charts plus indicators, forecast predictions and share price targets for Mangalam Alloys (MAL_SM)

10 day averaged volume of Mangalam Alloys is 25440

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	36.00	35.20	36.70	35.05	2.075 times
28 Tue Jan 2025	36.00	37.05	37.05	35.00	1.887 times
27 Mon Jan 2025	37.15	39.00	39.00	35.25	1.509 times
24 Fri Jan 2025	39.95	38.05	41.50	36.80	1.321 times
23 Thu Jan 2025	38.05	38.00	38.20	38.00	0.252 times
22 Wed Jan 2025	38.00	38.05	38.05	38.00	0.126 times
21 Tue Jan 2025	38.05	38.00	38.10	38.00	0.252 times
20 Mon Jan 2025	38.90	39.10	39.10	38.40	0.377 times
17 Fri Jan 2025	39.00	39.00	39.00	39.00	0.44 times
16 Thu Jan 2025	38.20	38.55	38.55	37.90	0.692 times

Stock of Mangalam Alloys (MAL_SM) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 35.6, for a target of 37.5 or 39.17

Share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Target	35.00
Upside Target	36.50
Upside Target	38.70
Upside Target	41.15
Upside Target	41.50
Upside Target	42.45
Upside Target	42.55
Upside Target	42.80
Upside Target	43.00
Upside Target	45.00
Upside Target	46.80

Intraday share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Intraday Target	34.33
Downside Intraday Target	32.67
Upside Intraday Target	38.33
Upside Intraday Target	40.67
Upside Intraday Target	36.67

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	36.00	39.00	39.00	35.00	2.351 times
24 Fri Jan 2025	39.95	39.10	41.50	36.80	0.42 times
17 Fri Jan 2025	39.00	40.00	41.15	37.90	1.239 times
10 Fri Jan 2025	40.50	41.05	42.45	39.75	1.315 times
03 Fri Jan 2025	42.00	42.45	43.00	40.00	0.659 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mangalam Alloys (MAL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	36.00	40.00	42.80	35.00	0.342 times
31 Tue Dec 2024	40.50	38.60	45.00	37.10	2.18 times
29 Fri Nov 2024	38.00	38.35	39.90	36.50	0.416 times
31 Thu Oct 2024	38.35	41.40	42.55	37.35	0.683 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 Mangalam Alloys (MAL_SM)

Price action analysis of Mangalam Alloys ( (MAL_SM) ) 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 Mangalam Alloys ( (MAL_SM) ) 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 Mangalam Alloys ( (MAL_SM) ) 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 Mangalam Alloys stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mangalam Alloys in short term and the sell signal is strong.

Mangalam Alloys 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 Mangalam Alloys in short term and SELL 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

Stock of Mangalam Alloys is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.36 and Mangalam Alloys (MAL_SM) 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 Mangalam Alloys (MAL_SM) stock. Volume based technical analysis of Mangalam Alloys (MAL_SM) stock is negative.

Mangalam Alloys 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.