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(MANAKALUCO_BE) Manak Aluminium complete technical analysis [charts+indicators] | Buy/Sell Manak Aluminium | (MANAKALUCO_BE) share price targets

Complete technical analysis of Manak Aluminium (MANAKALUCO_BE) by charts plus indicators, forecast predictions and share price targets for Manak Aluminium (MANAKALUCO_BE)

Showing technical analysis as on 2024-09-05 View latest technical analysis

10 day averaged volume of Manak Aluminium is 47700

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	30.86	31.10	31.95	30.01	1.064 times
04 Wed Sep 2024	30.67	30.00	31.00	29.50	0.645 times
03 Tue Sep 2024	29.89	30.60	30.60	29.43	0.418 times
02 Mon Sep 2024	30.04	30.00	30.98	29.80	0.194 times
30 Fri Aug 2024	30.13	30.20	30.98	30.00	0.397 times
29 Thu Aug 2024	30.47	31.17	31.63	30.16	0.65 times
28 Wed Aug 2024	31.15	31.23	31.23	30.57	0.586 times
27 Tue Aug 2024	31.23	31.34	31.80	30.00	1.241 times
26 Mon Aug 2024	31.34	31.60	31.94	30.70	1.708 times
23 Fri Aug 2024	31.05	30.45	31.88	29.50	1.834 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 31 as stoploss in an intra day sell trade for a target of 29.95. However, stock will show a bullish move above 31.

Share price targets for Manak Aluminium (MANAKALUCO_BE)

Target Type	Value
Downside Target	22.65
Downside Target	26.10
Downside Target	26.95
Downside Target	29.05
Downside Target	30.60
Upside Target	31.55
Upside Target	31.88
Upside Target	31.94
Upside Target	31.95
Upside Target	33.05
Upside Target	34.25

Intraday share price targets for Manak Aluminium (MANAKALUCO_BE)

Target Type	Value
Downside Intraday Target	29.54
Downside Intraday Target	28.23
Upside Intraday Target	32.06
Upside Intraday Target	33.27
Downside Intraday Target	30.75

Weekly technical analysis of Manak Aluminium (MANAKALUCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	30.86	30.00	31.95	29.43	0.507 times
30 Fri Aug 2024	30.13	31.60	31.94	30.00	0.539 times
23 Fri Aug 2024	31.05	28.80	31.88	27.70	4.399 times
16 Fri Aug 2024	28.38	29.01	30.00	27.35	0.799 times
09 Fri Aug 2024	29.80	31.00	31.08	29.05	0.478 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 Manak Aluminium (MANAKALUCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	30.86	30.00	31.95	29.43	0.121 times
30 Fri Aug 2024	30.13	33.00	33.05	27.35	3.271 times
31 Wed Jul 2024	32.10	34.25	34.25	31.55	0.365 times
24 Fri May 2024	25.80	26.10	26.95	22.65	1.667 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 Manak Aluminium (MANAKALUCO_BE)

Price action analysis of Manak Aluminium ( (MANAKALUCO_BE) ) based on a short 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 Manak Aluminium ( (MANAKALUCO_BE) ) 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 Manak Aluminium ( (MANAKALUCO_BE) ) 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 Manak Aluminium stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Manak Aluminium 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Manak Aluminium in short term and BUY 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 Manak Aluminium is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 30.92 and Manak Aluminium (MANAKALUCO_BE) 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 Manak Aluminium (MANAKALUCO_BE) stock. Volume based technical analysis of Manak Aluminium (MANAKALUCO_BE) stock is negative.

Manak Aluminium 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.