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)

Showing technical analysis as on 2024-07-10 View latest technical analysis

10 day averaged volume of Mangalam Alloys is 16800

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	40.55	40.75	40.85	40.00	1.143 times
09 Tue Jul 2024	40.90	40.75	41.20	40.60	0.476 times
08 Mon Jul 2024	41.00	41.05	41.90	41.00	0.857 times
05 Fri Jul 2024	41.05	41.75	41.75	40.90	0.952 times
04 Thu Jul 2024	40.65	41.00	41.25	40.25	0.571 times
03 Wed Jul 2024	40.90	40.10	41.45	40.05	1.048 times
02 Tue Jul 2024	40.25	41.35	41.40	40.25	1.238 times
01 Mon Jul 2024	40.10	40.00	40.70	39.75	0.762 times
28 Fri Jun 2024	39.15	40.50	40.50	39.00	1.333 times
27 Thu Jun 2024	40.15	40.80	40.80	40.00	1.333 times

My analysis of stock is bearish for shortterm, and stock might move down till 39.9 or till 38.9. Use a stoploss of 40.77 and if the stock hits stoploss, then it can shoot up till 41.62

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	41.50
Upside Target	41.90
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	39.73
Downside Intraday Target	38.92
Upside Intraday Target	41.63
Upside Intraday Target	42.72
Upside Intraday Target	40.82

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	40.55	41.05	41.90	40.00	0.542 times
05 Fri Jul 2024	41.05	40.00	41.75	39.75	0.906 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

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
10 Wed Jul 2024	40.55	40.00	41.90	39.75	0.284 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 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 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 BUY signal for Mangalam Alloys in short term but the buy signal is initial and weak.

Mangalam Alloys 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining 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 40.38 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.