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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 2024-07-26 View latest technical analysis

10 day averaged volume of Mangalam Alloys is 95680

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	42.40	43.95	43.95	42.10	1.321 times
25 Thu Jul 2024	42.95	43.80	45.65	42.45	2.425 times
24 Wed Jul 2024	43.75	42.00	47.25	41.95	2.843 times
23 Tue Jul 2024	41.25	41.00	42.00	40.50	1.438 times
22 Mon Jul 2024	40.70	41.15	41.75	40.55	1.522 times
19 Fri Jul 2024	41.45	41.50	41.50	40.95	0.686 times
18 Thu Jul 2024	41.65	42.85	42.85	41.65	0.084 times
16 Tue Jul 2024	42.05	42.50	42.50	42.05	0.05 times
15 Mon Jul 2024	42.80	42.10	42.90	42.10	0.084 times
12 Fri Jul 2024	42.10	43.00	43.30	41.65	0.368 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 42.5 as stoploss in an intra day sell trade for a target of 41.4. However, stock will show a bullish move above 42.5.

Share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Target	32.55
Downside Target	37.00
Downside Target	39.00
Upside Target	42.90
Upside Target	43.00
Upside Target	43.30
Upside Target	46.00
Upside Target	46.30
Upside Target	47.25
Upside Target	51.70

Intraday share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Intraday Target	39.52
Downside Intraday Target	36.63
Upside Intraday Target	46.27
Upside Intraday Target	50.13
Upside Intraday Target	43.38

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	42.40	41.15	47.25	40.50	10.574 times
19 Fri Jul 2024	41.45	42.10	42.90	40.95	0.692 times
12 Fri Jul 2024	42.10	41.05	43.30	40.00	1.625 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

Price has moved up 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
26 Fri Jul 2024	42.40	40.00	47.25	39.75	2.877 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, and volume has increased substantially. This means that the move can 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 to mid 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 mid to longer 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.

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 and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are getting stronger in this stock.

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 but SELL signal is weak.

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

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 42.41 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 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.