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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 2025-01-13 View latest technical analysis

10 day averaged volume of Mangalam Alloys is 20000

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	40.10	40.00	41.15	40.00	1.12 times
10 Fri Jan 2025	40.50	41.90	41.90	39.80	0.88 times
09 Thu Jan 2025	40.25	41.15	41.20	40.25	0.4 times
08 Wed Jan 2025	40.20	41.55	41.90	39.75	1.28 times
07 Tue Jan 2025	40.30	42.20	42.45	40.00	1.76 times
06 Mon Jan 2025	41.50	41.05	42.00	40.60	1.36 times
03 Fri Jan 2025	42.00	41.90	42.45	41.10	0.48 times
02 Thu Jan 2025	40.55	42.80	42.80	40.55	0.32 times
01 Wed Jan 2025	40.95	40.00	41.30	40.00	1.12 times
31 Tue Dec 2024	40.50	43.00	43.00	40.00	2.08 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.5, but if it comes above 40.5, then a intra day buy could be more profitable.
If you take a sell trade below 40.5, then use 40.5 as stoploss and 39.3 as target. However if you take a buy trade in stock , then use 40.5 as stoploss and 41.49 as target.

Share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Target	36.50
Downside Target	38.70
Downside Target	39.75
Upside Target	42.45
Upside Target	42.55
Upside Target	42.80
Upside Target	43.00
Upside Target	43.50
Upside Target	43.80
Upside Target	45.00
Upside Target	46.80

Intraday share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Intraday Target	39.68
Downside Intraday Target	39.27
Upside Intraday Target	40.83
Upside Intraday Target	41.57
Upside Intraday Target	40.42

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon Jan 2025	40.10	40.00	41.15	40.00	0.197 times
10 Fri Jan 2025	40.50	41.05	42.45	39.75	1.315 times
03 Fri Jan 2025	42.00	42.45	43.00	40.00	0.659 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

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
13 Mon Jan 2025	40.10	40.00	42.80	39.75	0.121 times
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

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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and the buying is gaining 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 40.62 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.