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 2024-11-01 View latest technical analysis

10 day averaged volume of Mangalam Alloys is 61120

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	38.70	38.35	39.15	37.85	0.497 times
31 Thu Oct 2024	38.35	38.45	39.30	38.00	0.916 times
30 Wed Oct 2024	38.90	38.00	39.65	38.00	0.916 times
29 Tue Oct 2024	37.60	37.50	38.15	37.35	0.916 times
28 Mon Oct 2024	38.30	38.00	38.60	38.00	0.916 times
25 Fri Oct 2024	38.00	39.40	40.00	38.00	1.047 times
24 Thu Oct 2024	38.75	38.30	39.40	38.25	0.969 times
23 Wed Oct 2024	38.15	38.00	39.90	38.00	1.361 times
22 Tue Oct 2024	38.10	41.80	41.90	38.10	0.995 times
21 Mon Oct 2024	39.70	40.20	40.90	39.55	0.942 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 38.3 as stoploss in an intra day buy trade for a target of 39.46. However, stock will show a bearish move below 38.3.

Share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Target	37.35
Upside Target	40.00
Upside Target	41.90
Upside Target	42.00
Upside Target	42.50
Upside Target	42.55
Upside Target	45.40
Upside Target	46.80
Upside Target	47.25

Intraday share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Intraday Target	37.48
Downside Intraday Target	36.27
Upside Intraday Target	39.78
Upside Intraday Target	40.87
Downside Intraday Target	38.57

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	38.70	38.00	39.65	37.35	0.783 times
25 Fri Oct 2024	38.00	40.20	41.90	38.00	0.914 times
18 Fri Oct 2024	40.20	41.35	42.00	39.00	0.776 times
11 Fri Oct 2024	39.75	42.50	42.55	37.60	1.634 times
04 Fri Oct 2024	41.55	41.50	42.50	38.95	0.565 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 Fri Nov 2024	38.70	38.35	39.15	37.85	0.019 times
31 Thu Oct 2024	38.35	41.40	42.55	37.35	0.683 times
30 Mon Sep 2024	41.40	40.95	46.80	38.70	1.535 times
30 Fri Aug 2024	40.25	45.40	45.40	40.00	0.932 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 SELL signal for Mangalam Alloys in short term and the sell signal is strong.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 38.43 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 negative.

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