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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 2024-12-31 View latest technical analysis

10 day averaged volume of Mangalam Alloys is 52800

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	40.50	43.00	43.00	40.00	0.788 times
30 Mon Dec 2024	42.50	42.45	42.50	42.40	0.121 times
27 Fri Dec 2024	42.00	42.00	42.10	40.65	0.273 times
26 Thu Dec 2024	42.10	42.50	42.50	42.05	0.364 times
24 Tue Dec 2024	42.50	42.15	43.80	42.00	0.333 times
23 Mon Dec 2024	42.50	42.50	43.00	41.00	1.515 times
20 Fri Dec 2024	43.00	41.90	43.50	41.70	1.333 times
19 Thu Dec 2024	42.00	42.45	42.50	42.00	0.091 times
18 Wed Dec 2024	42.50	42.00	43.05	41.00	2.606 times
17 Tue Dec 2024	42.80	42.00	43.00	41.20	2.394 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41, but if it comes above 41, then a intra day buy could be more profitable.
If you take a sell trade below 41, then use 41 as stoploss and 39.7 as target. However if you take a buy trade in stock , then use 41 as stoploss and 41.97 as target.

Share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Target	36.50
Downside Target	38.70
Downside Target	39.90
Upside Target	42.55
Upside Target	43.00
Upside Target	43.45
Upside Target	43.50
Upside Target	43.80
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	39.33
Downside Intraday Target	38.17
Upside Intraday Target	42.33
Upside Intraday Target	44.17
Upside Intraday Target	41.17

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	40.50	42.45	43.00	40.00	0.366 times
27 Fri Dec 2024	42.00	42.50	43.80	40.65	0.336 times
20 Fri Dec 2024	43.00	41.70	43.50	40.50	1.535 times
13 Fri Dec 2024	41.25	43.15	43.45	40.35	0.415 times
06 Fri Dec 2024	42.80	38.60	45.00	37.10	13.679 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
31 Tue Dec 2024	40.50	38.60	45.00	37.10	2.18 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, and volume has increased substantially. This means that the move can 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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mangalam Alloys in short term but the sell signal is initial and weak.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 42.45 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 positive

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