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

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

National Aluminium trades in NSE in Aluminium sector.

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

10 day averaged volume of National Aluminium is 12496592

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	171.15	172.50	172.67	168.02	0.682 times
06 Fri Sep 2024	174.00	175.98	176.93	172.63	0.529 times
05 Thu Sep 2024	176.29	175.73	178.20	175.73	0.436 times
04 Wed Sep 2024	174.72	175.00	176.70	173.57	0.757 times
03 Tue Sep 2024	178.67	178.65	180.39	177.90	0.325 times
02 Mon Sep 2024	178.60	182.95	183.00	177.80	0.635 times
30 Fri Aug 2024	182.60	183.40	184.94	182.00	1.152 times
29 Thu Aug 2024	182.73	183.00	183.34	179.56	0.924 times
28 Wed Aug 2024	184.56	185.61	186.74	182.80	0.869 times
27 Tue Aug 2024	185.53	182.71	187.00	181.50	1.845 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 169.3 as stoploss in an intra day buy trade for a target of 175.19. However, stock will show a bearish move below 169.3.

Share price targets for National Aluminium (NATIONALUM)

Target Type	Value
Downside Target	147.15
Downside Target	163.16
Upside Target	172.63
Upside Target	177.68
Upside Target	183.00
Upside Target	187.00
Upside Target	200.40
Upside Target	201.60
Upside Target	206.30
Upside Target	209.00

Intraday share price targets for National Aluminium (NATIONALUM)

Target Type	Value
Downside Intraday Target	168.56
Downside Intraday Target	165.96
Upside Intraday Target	173.21
Upside Intraday Target	175.26
Downside Intraday Target	170.61

Weekly technical analysis of National Aluminium (NATIONALUM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	171.15	172.50	172.67	168.02	0.254 times
06 Fri Sep 2024	174.00	182.95	183.00	172.63	0.367 times
30 Fri Aug 2024	182.60	176.55	187.00	175.32	1.018 times
23 Fri Aug 2024	173.16	166.90	174.70	164.85	1.034 times
16 Fri Aug 2024	165.13	176.39	177.68	163.16	1.345 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 National Aluminium (NATIONALUM)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	171.15	182.95	183.00	168.02	0.114 times
30 Fri Aug 2024	182.60	196.30	200.40	163.16	1.272 times
31 Wed Jul 2024	194.22	188.20	209.00	174.70	0.753 times
28 Fri Jun 2024	187.11	201.20	201.60	147.15	0.867 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 National Aluminium (NATIONALUM)

Price action analysis of National Aluminium ( (NATIONALUM) ) 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 National Aluminium ( (NATIONALUM) ) based on a short to mid 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 National Aluminium ( (NATIONALUM) ) based on a mid to longer 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.

ADX buy sell signal for National Aluminium stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for National Aluminium in short term and the sell signal is strong.

National Aluminium 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for National Aluminium in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of National Aluminium is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 180.43 and National Aluminium (NATIONALUM) 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 National Aluminium (NATIONALUM) stock. Volume based technical analysis of National Aluminium (NATIONALUM) stock is negative.

National Aluminium Stock has given negative 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.