Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-28 View latest technical analysis

10 day averaged volume of Alicon Castalloy is 12310

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	916.30	935.00	962.45	908.20	1.443 times
27 Tue Feb 2024	921.45	910.05	932.00	910.05	0.753 times
26 Mon Feb 2024	914.45	933.45	939.95	910.35	0.524 times
23 Fri Feb 2024	933.45	917.35	937.00	905.05	1.212 times
22 Thu Feb 2024	914.65	924.20	928.75	904.70	0.356 times
21 Wed Feb 2024	921.45	930.80	939.25	913.00	0.582 times
20 Tue Feb 2024	928.10	930.00	947.00	919.55	1.569 times
19 Mon Feb 2024	929.45	933.30	937.70	921.05	0.538 times
16 Fri Feb 2024	921.60	931.00	948.90	905.30	1.431 times
15 Thu Feb 2024	922.55	918.85	948.85	915.00	2.165 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 905.5 as stoploss in an intra day buy trade for a target of 938.38. However, stock will show a bearish move below 905.5.

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	904.70
Upside Target	937.20
Upside Target	962.45
Upside Target	965.85
Upside Target	966.05
Upside Target	1019.25
Upside Target	1069.90

Intraday share price targets for Alicon Castalloy (ALICON)

Target Type	Value
Downside Intraday Target	895.52
Downside Intraday Target	874.73
Upside Intraday Target	949.77
Upside Intraday Target	983.23
Upside Intraday Target	928.98

Weekly technical analysis of Alicon Castalloy (ALICON)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Feb 2024	916.30	933.45	962.45	908.20	0.639 times
23 Fri Feb 2024	933.45	933.30	947.00	904.70	0.402 times
16 Fri Feb 2024	921.60	966.05	966.05	876.15	1.931 times
09 Fri Feb 2024	965.10	1010.00	1019.25	937.20	0.511 times
02 Fri Feb 2024	1005.75	987.05	1069.90	965.85	1.813 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
28 Wed Feb 2024	916.30	1000.00	1019.25	876.15	0.207 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Alicon Castalloy ( (ALICON) ) 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 Alicon Castalloy ( (ALICON) ) based on a short to mid 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 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 gaining momentum.

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

Alicon Castalloy 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Alicon Castalloy in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Alicon Castalloy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 923.19 and Alicon Castalloy (ALICON) 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 Alicon Castalloy (ALICON) stock. Volume based technical analysis of Alicon Castalloy (ALICON) stock is negative.

Alicon Castalloy 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.