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(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 2024-07-01 View latest technical analysis

10 day averaged volume of Mangalam Alloys is 23840

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	40.10	40.00	40.70	39.75	0.537 times
28 Fri Jun 2024	39.15	40.50	40.50	39.00	0.94 times
27 Thu Jun 2024	40.15	40.80	40.80	40.00	0.94 times
26 Wed Jun 2024	41.50	41.95	42.00	41.00	1.007 times
25 Tue Jun 2024	41.95	41.30	41.95	41.20	0.268 times
24 Mon Jun 2024	41.25	41.05	41.50	41.05	0.403 times
21 Fri Jun 2024	41.25	42.70	42.85	41.25	0.47 times
20 Thu Jun 2024	42.70	41.95	42.75	41.40	1.141 times
19 Wed Jun 2024	42.00	41.80	43.00	40.60	3.423 times
18 Tue Jun 2024	39.35	40.40	40.45	39.35	0.94 times

My analysis of stock is bullish for shortterm, and stock might move up till 41.5 or till 43.3. Use a stoploss of 40.01 and if this stock hits its stoploss, then it can fall down till 38.53

Share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Target	32.55
Downside Target	37.00
Downside Target	38.70
Upside Target	40.70
Upside Target	41.40
Upside Target	41.50
Upside Target	42.00
Upside Target	43.00
Upside Target	46.00
Upside Target	46.30
Upside Target	51.70

Intraday share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Intraday Target	39.67
Downside Intraday Target	39.23
Upside Intraday Target	40.62
Upside Intraday Target	41.13
Upside Intraday Target	40.18

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	40.10	40.00	40.70	39.75	0.151 times
28 Fri Jun 2024	39.15	41.05	42.00	39.00	0.596 times
21 Fri Jun 2024	41.25	40.40	43.00	39.35	1.219 times
14 Fri Jun 2024	40.40	39.85	41.50	38.70	1.587 times
07 Fri Jun 2024	38.50	40.00	41.40	37.00	0.613 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 Mangalam Alloys (MAL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	40.10	40.00	40.70	39.75	0.031 times
28 Fri Jun 2024	39.15	40.00	43.00	37.00	1.381 times
31 Fri May 2024	39.15	44.65	46.00	37.00	0.697 times
30 Tue Apr 2024	43.25	32.55	46.30	32.55	0.442 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Mangalam Alloys stock for short term is SELL. Signal strength is Weak and stock is losing 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 moving up

CCI has generated a buy signal for Mangalam Alloys in short term but BUY signal is weak.

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 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 41.18 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.