(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)
Showing technical analysis as on 2024-02-28 View latest technical analysis
10 day averaged volume of Mangalam Alloys is 16800
Date | Daily Closing Price | Open | High | Low | Volume |
28 Wed Feb 2024 | 50.50 | 50.30 | 51.00 | 50.00 | 1.429 times |
27 Tue Feb 2024 | 51.55 | 51.30 | 52.10 | 51.30 | 2.476 times |
26 Mon Feb 2024 | 51.15 | 51.20 | 51.20 | 50.30 | 1.333 times |
23 Fri Feb 2024 | 50.70 | 49.05 | 50.90 | 49.05 | 1.429 times |
22 Thu Feb 2024 | 48.85 | 48.15 | 48.85 | 48.15 | 1.048 times |
21 Wed Feb 2024 | 48.15 | 48.50 | 48.50 | 48.00 | 0.571 times |
20 Tue Feb 2024 | 48.40 | 48.65 | 48.65 | 48.40 | 0.286 times |
19 Mon Feb 2024 | 48.00 | 47.85 | 48.05 | 47.85 | 0.762 times |
16 Fri Feb 2024 | 47.85 | 48.00 | 48.00 | 47.35 | 0.571 times |
15 Thu Feb 2024 | 47.50 | 47.60 | 47.80 | 47.20 | 0.667 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 50.4, but if it comes below 50.4, then a intra day sell could be more profitable.
If you take a sell trade below 50.4, then use 50.4 as stoploss and 49.16 as target. However if you take a buy trade in stock , then use 50.4 as stoploss and 51.9 as target.
Share price targets for Mangalam Alloys (MAL_SM)
Target Type | Value |
Downside Target | 46.65 |
Downside Target | 47.85 |
Downside Target | 49.00 |
Upside Target | 51.65 |
Upside Target | 52.10 |
Upside Target | 52.30 |
Upside Target | 55.85 |
Upside Target | 59.85 |
Upside Target | 60.00 |
Upside Target | 62.50 |
Intraday share price targets for Mangalam Alloys (MAL_SM)
Target Type | Value |
Downside Intraday Target | 49.63 |
Downside Intraday Target | 48.77 |
Upside Intraday Target | 51.73 |
Upside Intraday Target | 52.97 |
Upside Intraday Target | 50.87 |
Weekly technical analysis of Mangalam Alloys (MAL_SM)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Wed Feb 2024 | 50.50 | 51.20 | 52.10 | 50.00 | 1.279 times |
23 Fri Feb 2024 | 50.70 | 47.85 | 50.90 | 47.85 | 0.977 times |
16 Fri Feb 2024 | 47.85 | 49.00 | 49.00 | 46.70 | 0.336 times |
09 Fri Feb 2024 | 49.00 | 50.35 | 52.30 | 48.00 | 1.658 times |
02 Fri Feb 2024 | 50.50 | 51.45 | 51.65 | 50.15 | 1.491 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 Mangalam Alloys (MAL_SM)
Date | Monthly Closing Price | Open | High | Low | Volume |
28 Wed Feb 2024 | 50.50 | 50.95 | 52.30 | 46.70 | 0.827 times |
31 Wed Jan 2024 | 51.35 | 51.10 | 55.85 | 50.20 | 0.801 times |
29 Fri Dec 2023 | 51.15 | 53.00 | 59.85 | 49.00 | 0.913 times |
30 Thu Nov 2023 | 52.75 | 49.95 | 60.00 | 49.10 | 0.807 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 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 Mangalam Alloys ( (MAL_SM) ) 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 Mangalam Alloys ( (MAL_SM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mangalam Alloys 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.
Mangalam Alloys Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mangalam Alloys in short term but SELL signal is weak.
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 Mangalam Alloys is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 50 and Mangalam Alloys (MAL_SM) 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 Mangalam Alloys (MAL_SM) stock. Volume based technical analysis of Mangalam Alloys (MAL_SM) stock is negative.
Mangalam Alloys Stock is giving positive 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.
Price action analysis of Mangalam Alloys ( (MAL_SM) ) 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 Mangalam Alloys ( (MAL_SM) ) 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 Mangalam Alloys ( (MAL_SM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mangalam Alloys 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.
Mangalam Alloys Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mangalam Alloys in short term but SELL signal is weak.
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 Mangalam Alloys is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 50 and Mangalam Alloys (MAL_SM) 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 Mangalam Alloys (MAL_SM) stock. Volume based technical analysis of Mangalam Alloys (MAL_SM) stock is negative.
Mangalam Alloys Stock is giving positive 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.
Click here for Mangalam Alloys charts
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Daily charts
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