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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 2024-10-07 View latest technical analysis

10 day averaged volume of Manak Aluminium is 80093

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	30.84	33.75	33.75	30.80	0.796 times
04 Fri Oct 2024	32.43	33.19	33.99	32.10	0.449 times
03 Thu Oct 2024	33.19	35.50	35.50	33.00	0.659 times
01 Tue Oct 2024	34.07	33.20	34.14	32.05	3.48 times
30 Mon Sep 2024	32.52	32.50	33.04	30.51	1.892 times
27 Fri Sep 2024	31.47	31.70	31.85	30.25	0.697 times
26 Thu Sep 2024	31.04	30.79	31.80	29.96	0.799 times
25 Wed Sep 2024	30.47	30.10	30.95	29.61	0.327 times
24 Tue Sep 2024	30.01	31.80	31.80	29.90	0.823 times
23 Mon Sep 2024	30.93	30.70	31.00	30.00	0.519 times

My analysis of stock is bearish for shortterm, and stock might move down till 29.9 or till 28.4. Use a stoploss of 31.05 and if the stock hits stoploss, then it can shoot up till 32.24

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	29.61
Downside Target	30.51
Upside Target	32.25
Upside Target	33.04
Upside Target	33.05
Upside Target	33.75
Upside Target	34.25
Upside Target	35.50

Intraday share price targets for Manak Aluminium (MANAKALUCO_BE)

Target Type	Value
Downside Intraday Target	29.84
Downside Intraday Target	28.85
Upside Intraday Target	32.79
Upside Intraday Target	34.75
Upside Intraday Target	31.8

Weekly technical analysis of Manak Aluminium (MANAKALUCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	30.84	33.75	33.75	30.80	0.123 times
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

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 Manak Aluminium (MANAKALUCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	30.84	33.20	35.50	30.80	0.5 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 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 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 Weak and stock is losing momentum.

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

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 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 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 32.42 and Manak Aluminium (MANAKALUCO_BE) 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 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 negative.

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