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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 2024-12-03 View latest technical analysis

10 day averaged volume of Mangalam Alloys is 16640

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	40.00	38.40	41.65	38.10	8.846 times
02 Mon Dec 2024	37.50	38.60	38.60	37.10	2.692 times
29 Fri Nov 2024	38.00	37.60	38.60	37.40	0.481 times
28 Thu Nov 2024	37.95	37.85	38.20	37.85	0.385 times
27 Wed Nov 2024	37.95	37.00	38.05	37.00	1.346 times
26 Tue Nov 2024	37.60	37.60	37.60	37.60	0.096 times
25 Mon Nov 2024	37.60	37.60	37.60	37.60	0.385 times
22 Fri Nov 2024	37.00	36.55	38.00	36.50	0.769 times
21 Thu Nov 2024	37.00	36.50	38.45	36.50	0.769 times
19 Tue Nov 2024	37.00	36.60	38.00	36.60	2.788 times

Stock of Mangalam Alloys (MAL_SM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 39.6, for a target of 38.7 or 38

Share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Target	36.50
Downside Target	39.05
Downside Target	39.90
Downside Target	40.00
Upside Target	41.65
Upside Target	42.55
Upside Target	45.40
Upside Target	46.80

Intraday share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Intraday Target	37.52
Downside Intraday Target	35.03
Upside Intraday Target	42.07
Upside Intraday Target	44.13
Downside Intraday Target	39.58

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	40.00	38.60	41.65	37.10	4.286 times
29 Fri Nov 2024	38.00	37.60	38.60	37.00	0.583 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

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
03 Tue Dec 2024	40.00	38.60	41.65	37.10	0.291 times
29 Fri Nov 2024	38.00	38.35	39.90	36.50	0.416 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

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Strong 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. Bulls are getting stronger in this stock.

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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 38.63 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 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 negative.

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