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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 2024-12-11 View latest technical analysis

10 day averaged volume of Mangalam Alloys is 75200

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	41.00	41.00	41.00	41.00	0.043 times
10 Tue Dec 2024	41.00	40.70	41.80	40.70	0.447 times
09 Mon Dec 2024	41.00	43.15	43.45	40.50	0.915 times
06 Fri Dec 2024	42.80	42.45	43.25	42.00	0.894 times
05 Thu Dec 2024	43.60	45.00	45.00	42.90	1.17 times
04 Wed Dec 2024	43.90	42.00	44.35	40.05	3.532 times
03 Tue Dec 2024	40.00	38.40	41.65	38.10	1.957 times
02 Mon Dec 2024	37.50	38.60	38.60	37.10	0.596 times
29 Fri Nov 2024	38.00	37.60	38.60	37.40	0.106 times
28 Thu Nov 2024	37.95	37.85	38.20	37.85	0.085 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 41.4 as stoploss in an intra day sell trade for a target of 39.14. However, stock will show a bullish move above 41.4.

Share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Target	36.50
Downside Target	38.45
Downside Target	39.90
Downside Target	40.00
Downside Target	40.50
Upside Target	42.55
Upside Target	43.45
Upside Target	45.00
Upside Target	45.40
Upside Target	46.80

Intraday share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Intraday Target	39.85
Downside Intraday Target	38.7
Upside Intraday Target	42.8
Upside Intraday Target	44.6
Upside Intraday Target	41.65

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	41.00	43.15	43.45	40.50	0.172 times
06 Fri Dec 2024	42.80	38.60	45.00	37.10	13.679 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

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
11 Wed Dec 2024	41.00	38.60	45.00	37.10	1.09 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing 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 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 but buying is losing 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 42.05 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.