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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 2024-09-18 View latest technical analysis

10 day averaged volume of Mangalam Alloys is 138560

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	42.55	42.50	43.35	42.00	0.612 times
17 Tue Sep 2024	42.50	42.10	42.70	41.60	0.831 times
16 Mon Sep 2024	42.15	43.20	44.55	42.00	1.467 times
13 Fri Sep 2024	43.20	45.45	45.65	42.50	0.958 times
12 Thu Sep 2024	44.90	46.10	46.10	44.25	0.485 times
11 Wed Sep 2024	45.15	43.50	46.80	43.50	0.878 times
10 Tue Sep 2024	44.35	43.95	44.60	43.25	1.051 times
09 Mon Sep 2024	43.55	41.65	44.00	41.65	0.855 times
06 Fri Sep 2024	41.55	42.90	44.10	41.50	0.947 times
05 Thu Sep 2024	41.55	39.55	44.35	39.15	2.044 times

My analysis of stock is bullish for shortterm, and stock might move up till 43.5 or till 45.5. Use a stoploss of 41.77 and if this stock hits its stoploss, then it can fall down till 40.08

Share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Target	37.00
Downside Target	38.70
Downside Target	39.75
Downside Target	41.60
Upside Target	43.00
Upside Target	44.35
Upside Target	44.55
Upside Target	45.40
Upside Target	46.00
Upside Target	46.80
Upside Target	47.25

Intraday share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Intraday Target	41.25
Downside Intraday Target	39.95
Upside Intraday Target	44.2
Upside Intraday Target	45.85
Upside Intraday Target	42.9

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	42.55	43.20	44.55	41.60	0.689 times
13 Fri Sep 2024	43.20	41.65	46.80	41.65	0.948 times
06 Fri Sep 2024	41.55	40.95	44.35	38.70	1.479 times
30 Fri Aug 2024	40.25	40.90	41.85	40.00	1.403 times
23 Fri Aug 2024	40.70	41.50	42.35	40.00	1.022 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
18 Wed Sep 2024	42.55	40.95	46.80	38.70	1.061 times
30 Fri Aug 2024	40.25	45.40	45.40	40.00	0.932 times
31 Wed Jul 2024	43.70	40.00	47.25	39.75	3.889 times
28 Fri Jun 2024	39.15	40.00	43.00	37.00	1.381 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining momentum.

MACD generated a BUY signal for Mangalam Alloys in short term and the buy signal is strong.

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 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 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 42.86 and Mangalam Alloys (MAL_SM) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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