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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 2024-10-04 View latest technical analysis

10 day averaged volume of Manak Aluminium is 78699

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	32.43	33.19	33.99	32.10	0.457 times
03 Thu Oct 2024	33.19	35.50	35.50	33.00	0.671 times
01 Tue Oct 2024	34.07	33.20	34.14	32.05	3.542 times
30 Mon Sep 2024	32.52	32.50	33.04	30.51	1.925 times
27 Fri Sep 2024	31.47	31.70	31.85	30.25	0.709 times
26 Thu Sep 2024	31.04	30.79	31.80	29.96	0.813 times
25 Wed Sep 2024	30.47	30.10	30.95	29.61	0.332 times
24 Tue Sep 2024	30.01	31.80	31.80	29.90	0.838 times
23 Mon Sep 2024	30.93	30.70	31.00	30.00	0.528 times
20 Fri Sep 2024	29.91	31.00	31.90	29.77	0.363 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.2, but if it comes below 32.2, then a intra day sell could be more profitable.
If you take a sell trade below 32.2, then use 32.2 as stoploss and 31.02 as target. However if you take a buy trade in stock , then use 32.2 as stoploss and 33.7 as target.

Share price targets for Manak Aluminium (MANAKALUCO_BE)

Target Type	Value
Downside Target	22.65
Downside Target	26.95
Downside Target	28.51
Downside Target	30.51
Downside Target	31.20
Downside Target	32.05
Downside Target	32.25
Upside Target	33.04
Upside Target	33.05
Upside Target	34.25
Upside Target	35.50

Intraday share price targets for Manak Aluminium (MANAKALUCO_BE)

Target Type	Value
Downside Intraday Target	30.13
Downside Intraday Target	27.82
Upside Intraday Target	35.12
Upside Intraday Target	37.8
Upside Intraday Target	32.81

Weekly technical analysis of Manak Aluminium (MANAKALUCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	32.43	32.50	35.50	30.51	2.048 times
27 Fri Sep 2024	31.47	30.70	31.85	29.61	1.218 times
20 Fri Sep 2024	29.91	29.00	32.25	29.00	2.599 times
13 Fri Sep 2024	29.62	30.30	31.20	28.51	0.472 times
06 Fri Sep 2024	30.38	30.00	31.95	29.43	0.777 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 Manak Aluminium (MANAKALUCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	32.43	33.20	35.50	32.05	0.426 times
30 Mon Sep 2024	32.52	30.00	33.04	28.51	0.942 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

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 Manak Aluminium (MANAKALUCO_BE)

Price action analysis of Manak Aluminium ( (MANAKALUCO_BE) ) 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Manak Aluminium in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

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 Manak Aluminium 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 negative zone. This is the SELL 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 32.46 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.