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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.

10 day averaged volume of National Aluminium is 27682316

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 58.95 58.50 60.50 58.10 1.323 times
15 Thu Apr 2021 58.05 56.50 58.45 56.00 1.057 times
13 Tue Apr 2021 55.90 54.15 56.10 53.60 0.654 times
12 Mon Apr 2021 53.70 57.85 57.85 52.75 0.988 times
09 Fri Apr 2021 59.40 60.85 61.45 58.90 0.854 times
08 Thu Apr 2021 60.35 59.35 61.75 59.35 1.387 times
07 Wed Apr 2021 59.15 59.65 60.75 58.65 0.909 times
06 Tue Apr 2021 59.25 58.40 60.00 57.60 1.216 times
05 Mon Apr 2021 57.80 59.00 59.45 55.70 1.054 times
01 Thu Apr 2021 58.75 54.80 59.20 54.50 1.487 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.8, but if it comes below 58.8, then a intra day sell could be more profitable.
If you take a sell trade below 58.8, then use 58.8 as stoploss and 56.34 as target. However if you take a buy trade in stock , then use 58.8 as stoploss and 61.7 as target.

Share price targets for National Aluminium (NATIONALUM)

Target Type Value
Downside Target 37.35
Downside Target 42.90
Downside Target 45.00
Downside Target 47.30
Downside Target 50.00
Downside Target 52.75
Downside Target 55.70
Downside Target 57.70
Upside Target 59.20
Upside Target 60.30
Upside Target 60.50
Upside Target 61.75
Upside Target 64.00

Intraday share price targets for National Aluminium (NATIONALUM)

Target Type Value
Downside Intraday Target 54.3
Downside Intraday Target 49.65
Upside Intraday Target 62.05
Upside Intraday Target 65.15
Downside Intraday Target 57.4

Weekly technical analysis of National Aluminium (NATIONALUM)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 58.95 57.85 60.50 52.75 0.742 times
09 Fri Apr 2021 59.40 59.00 61.75 55.70 2.326 times
01 Thu Apr 2021 58.75 54.50 59.20 53.55 0.632 times
26 Fri Mar 2021 53.75 54.45 56.00 50.70 0.828 times
19 Fri Mar 2021 55.80 59.10 60.30 53.40 1.382 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
16 Fri Apr 2021 58.95 54.80 61.75 52.75 0.602 times
31 Wed Mar 2021 54.05 60.90 64.00 50.70 0.958 times
25 Thu Feb 2021 57.25 48.10 57.70 47.30 0.894 times
29 Fri Jan 2021 47.90 43.10 50.00 42.90 1.124 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 National Aluminium (NATIONALUM)

Indicator Name Indicator Value Indicator Signal
ADX 29, 24, 10 Buy
MACD 2, 2Sell
Stochastics 54None
CCI 48Buy
RSI 52Buy
OBV 29823097Sell
VWAP 58Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

Price action analysis of National Aluminium ( (NATIONALUM) ) 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 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 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 National Aluminium ( (NATIONALUM) ) 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 National Aluminium stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for National 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.

National 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for National 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 National 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 58.33 and National Aluminium (NATIONALUM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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.

Click here for National Aluminium charts

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Daily charts

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Daily chart
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