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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 2024-10-03 View latest technical analysis

10 day averaged volume of Goyal Aluminiums is 558905

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	10.18	10.60	10.90	10.06	0.72 times
01 Tue Oct 2024	10.63	11.14	11.19	10.35	1.626 times
30 Mon Sep 2024	10.78	10.64	10.89	10.46	2.303 times
27 Fri Sep 2024	10.29	9.70	10.44	9.61	2.322 times
26 Thu Sep 2024	9.72	9.82	9.82	9.55	0.511 times
25 Wed Sep 2024	9.66	9.78	9.78	9.61	0.384 times
24 Tue Sep 2024	9.58	9.52	9.80	9.51	0.507 times
23 Mon Sep 2024	9.52	9.57	9.79	9.43	0.548 times
20 Fri Sep 2024	9.73	9.90	9.90	9.62	0.372 times
19 Thu Sep 2024	9.70	10.15	10.15	9.50	0.651 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 10.2 as stoploss in an intra day sell trade for a target of 9.76. However, stock will show a bullish move above 10.2.

Share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Target	8.86
Downside Target	9.20
Downside Target	9.43
Downside Target	10.06
Upside Target	10.28
Upside Target	10.44
Upside Target	10.62
Upside Target	10.89
Upside Target	11.19
Upside Target	11.55
Upside Target	13.40

Intraday share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Intraday Target	9.76
Downside Intraday Target	9.35
Upside Intraday Target	10.89
Upside Intraday Target	11.61
Upside Intraday Target	10.48

Weekly technical analysis of Goyal Aluminiums (GOYALALUM)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	10.18	10.64	11.19	10.06	1.088 times
27 Fri Sep 2024	10.29	9.57	10.44	9.43	1.016 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

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
03 Thu Oct 2024	10.18	11.14	11.19	10.06	0.143 times
30 Mon Sep 2024	10.78	9.50	10.89	8.96	1.942 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

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 Goyal Aluminiums (GOYALALUM)

Price action analysis of Goyal Aluminiums ( (GOYALALUM) ) based on a short 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 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 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 Goyal Aluminiums stock for short term is BUY. Signal strength is Weak and stock is losing 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. Bulls are getting tired and bears are picking up momentum.

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 Goyal Aluminiums in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 10.26 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.