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(ALICON) Alicon Castalloy complete technical analysis [charts+indicators] | Buy/Sell Alicon Castalloy | (ALICON) share price targets

Complete technical analysis of Alicon Castalloy (ALICON) by charts plus indicators, forecast predictions and share price targets for Alicon Castalloy (ALICON)

Alicon Castalloy trades in NSE in Aluminium sector.

Showing technical analysis as on 2024-02-08 View latest technical analysis

10 day averaged volume of Alicon Castalloy is 18866

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	964.95	984.90	992.00	961.00	0.49 times
07 Wed Feb 2024	986.90	971.00	994.50	959.15	0.486 times
06 Tue Feb 2024	969.35	973.65	986.45	956.05	0.485 times
05 Mon Feb 2024	969.70	1010.00	1019.25	955.20	0.939 times
02 Fri Feb 2024	1005.75	994.40	1010.00	980.00	0.629 times
01 Thu Feb 2024	992.40	1000.00	1006.30	975.80	0.575 times
31 Wed Jan 2024	993.85	981.60	1012.70	978.10	1.265 times
30 Tue Jan 2024	973.30	1029.75	1029.75	965.85	1.072 times
29 Mon Jan 2024	1014.55	987.05	1069.90	987.00	3.452 times
25 Thu Jan 2024	987.05	970.55	994.00	968.70	0.529 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 961.8 as stoploss in an intra day buy trade for a target of 978.51. However, stock will show a bearish move below 961.8.

Share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Target	778.50
Downside Target	802.35
Downside Target	845.15
Downside Target	868.95
Downside Target	915.25
Downside Target	953.55
Upside Target	1019.25
Upside Target	1023.05
Upside Target	1023.90
Upside Target	1037.65
Upside Target	1069.90

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Intraday Target	940.35
Downside Intraday Target	915.75
Upside Intraday Target	1004.4
Upside Intraday Target	1043.85
Upside Intraday Target	979.8

Weekly technical analysis of Alicon Castalloy (ALICON)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	964.95	1010.00	1019.25	955.20	0.343 times
02 Fri Feb 2024	1005.75	987.05	1069.90	965.85	1.813 times
25 Thu Jan 2024	987.05	990.00	1023.90	953.55	0.198 times
19 Fri Jan 2024	996.85	966.15	1037.65	917.50	0.43 times
12 Fri Jan 2024	966.15	866.00	1023.05	845.15	11.813 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 Alicon Castalloy (ALICON)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Feb 2024	964.95	1000.00	1019.25	955.20	0.046 times
31 Wed Jan 2024	993.85	868.70	1069.90	845.15	2.463 times
29 Fri Dec 2023	868.70	857.35	915.25	812.55	2.134 times
30 Thu Nov 2023	846.55	820.10	872.90	802.35	1.615 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 Alicon Castalloy (ALICON)

Price action analysis of Alicon Castalloy ( (ALICON) ) 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 Alicon Castalloy ( (ALICON) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Alicon Castalloy ( (ALICON) ) 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 Alicon Castalloy stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Alicon Castalloy 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Alicon Castalloy in short term and SELL signal is strong!

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 Alicon Castalloy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 993.89 and Alicon Castalloy (ALICON) 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 Alicon Castalloy (ALICON) stock. Volume based technical analysis of Alicon Castalloy (ALICON) stock is negative.

Alicon Castalloy Stock has given negative 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.