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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 2024-11-27 View latest technical analysis

10 day averaged volume of Mangalam Alloys is 29600

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	37.95	37.00	38.05	37.00	0.757 times
26 Tue Nov 2024	37.60	37.60	37.60	37.60	0.054 times
25 Mon Nov 2024	37.60	37.60	37.60	37.60	0.216 times
22 Fri Nov 2024	37.00	36.55	38.00	36.50	0.432 times
21 Thu Nov 2024	37.00	36.50	38.45	36.50	0.432 times
19 Tue Nov 2024	37.00	36.60	38.00	36.60	1.568 times
18 Mon Nov 2024	36.75	37.00	37.00	36.60	0.162 times
14 Thu Nov 2024	37.85	38.00	38.00	37.75	0.324 times
13 Wed Nov 2024	38.75	38.20	39.45	37.50	3.027 times
12 Tue Nov 2024	38.50	39.00	39.75	38.50	1.73 times

My analysis of stock is bearish for shortterm, and stock might move down till 37.4 or till 36.6. Use a stoploss of 38.01 and if the stock hits stoploss, then it can shoot up till 38.66

Share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Target	36.50
Upside Target	39.65
Upside Target	39.75
Upside Target	39.90
Upside Target	40.00
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	37.28
Downside Intraday Target	36.62
Upside Intraday Target	38.33
Upside Intraday Target	38.72
Downside Intraday Target	37.67

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	37.95	37.60	38.05	37.00	0.396 times
22 Fri Nov 2024	37.00	37.00	38.45	36.50	0.364 times
14 Thu Nov 2024	37.85	38.70	39.90	37.50	0.714 times
08 Fri Nov 2024	38.50	38.50	39.05	37.75	1.164 times
01 Fri Nov 2024	38.70	38.00	39.65	37.35	0.783 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
27 Wed Nov 2024	37.95	38.35	39.90	36.50	0.407 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 down 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 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 neutral. A longer time frame might give a better analysis.

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.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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

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 38.04 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.