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(GOYALALUM) Goyal Aluminiums complete technical analysis [charts+indicators] | Buy/Sell Goyal Aluminiums | (GOYALALUM) share price targets

Complete technical analysis of Goyal Aluminiums (GOYALALUM) by charts plus indicators, forecast predictions and share price targets for Goyal Aluminiums (GOYALALUM)

Showing technical analysis as on 2024-09-25 View latest technical analysis

10 day averaged volume of Goyal Aluminiums is 456151

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	9.66	9.78	9.78	9.61	0.471 times
24 Tue Sep 2024	9.58	9.52	9.80	9.51	0.622 times
23 Mon Sep 2024	9.52	9.57	9.79	9.43	0.671 times
20 Fri Sep 2024	9.73	9.90	9.90	9.62	0.455 times
19 Thu Sep 2024	9.70	10.15	10.15	9.50	0.798 times
18 Wed Sep 2024	9.92	9.80	10.15	9.21	0.951 times
17 Tue Sep 2024	9.67	10.20	10.20	9.05	0.761 times
16 Mon Sep 2024	9.92	10.34	10.62	8.97	2.187 times
13 Fri Sep 2024	9.97	9.39	10.28	9.38	2.671 times
12 Thu Sep 2024	9.35	9.40	9.48	9.30	0.344 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 9.7 as stoploss in an intra day sell trade for a target of 9.51. However, stock will show a bullish move above 9.7.

Share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Target	8.86
Downside Target	9.20
Downside Target	9.43
Upside Target	9.80
Upside Target	10.28
Upside Target	10.62
Upside Target	11.55
Upside Target	13.40
Upside Target	14.10
Upside Target	19.05

Intraday share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Intraday Target	9.46
Downside Intraday Target	9.26
Upside Intraday Target	9.83
Upside Intraday Target	10
Downside Intraday Target	9.63

Weekly technical analysis of Goyal Aluminiums (GOYALALUM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	9.66	9.57	9.80	9.43	0.342 times
20 Fri Sep 2024	9.73	10.34	10.62	8.97	1.142 times
13 Fri Sep 2024	9.97	9.48	10.28	9.20	1.876 times
06 Fri Sep 2024	9.31	9.50	9.52	8.96	0.872 times
30 Fri Aug 2024	9.39	9.48	9.68	9.20	1.245 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 Goyal Aluminiums (GOYALALUM)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	9.66	9.50	10.62	8.96	1.335 times
30 Fri Aug 2024	9.39	9.59	9.68	9.01	1.688 times
31 Wed Jul 2024	9.42	9.48	9.72	8.86	0.517 times
06 Tue Jun 2023	11.55	13.40	13.40	11.55	0.622 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 Goyal Aluminiums (GOYALALUM)

Price action analysis of Goyal Aluminiums ( (GOYALALUM) ) 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 Goyal Aluminiums ( (GOYALALUM) ) 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 Goyal Aluminiums ( (GOYALALUM) ) 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 Goyal Aluminiums ( (GOYALALUM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Goyal Aluminiums in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Goyal Aluminiums 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 moving up

CCI has generated a buy signal for Goyal Aluminiums in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Goyal Aluminiums is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.81 and Goyal Aluminiums (GOYALALUM) 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 Goyal Aluminiums (GOYALALUM) stock. Volume based technical analysis of Goyal Aluminiums (GOYALALUM) stock is negative.

Goyal Aluminiums Stock is giving positive 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.