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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 2024-12-31 View latest technical analysis

10 day averaged volume of Goyal Aluminiums is 403156

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	10.08	10.30	10.30	9.56	0.626 times
30 Mon Dec 2024	10.24	10.80	10.99	10.20	0.637 times
27 Fri Dec 2024	10.54	10.60	10.70	10.21	0.522 times
26 Thu Dec 2024	10.39	10.87	11.00	10.26	0.568 times
24 Tue Dec 2024	10.61	10.94	11.06	10.41	0.745 times
23 Mon Dec 2024	10.74	11.46	11.47	10.70	0.754 times
20 Fri Dec 2024	10.98	11.35	11.75	10.80	1.314 times
19 Thu Dec 2024	11.28	10.74	11.59	10.46	2.058 times
18 Wed Dec 2024	10.76	11.29	11.50	10.11	1.264 times
17 Tue Dec 2024	11.11	11.31	11.75	11.01	0.585 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.3, but if it comes above 10.3, then a intra day buy could be more profitable.
If you take a sell trade below 10.3, then use 10.3 as stoploss and 9.8 as target. However if you take a buy trade in stock , then use 10.3 as stoploss and 10.69 as target.

Share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Target	8.81
Downside Target	9.42
Upside Target	10.11
Upside Target	10.56
Upside Target	10.70
Upside Target	10.89
Upside Target	10.99
Upside Target	11.46
Upside Target	11.47
Upside Target	11.75
Upside Target	11.80

Intraday share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Intraday Target	9.43
Downside Intraday Target	8.78
Upside Intraday Target	10.86
Upside Intraday Target	11.64
Upside Intraday Target	10.21

Weekly technical analysis of Goyal Aluminiums (GOYALALUM)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	10.08	10.80	10.99	9.56	0.488 times
27 Fri Dec 2024	10.54	11.46	11.47	10.21	0.382 times
20 Fri Dec 2024	10.98	10.89	11.75	10.11	0.848 times
13 Fri Dec 2024	10.72	10.99	11.80	10.56	1.664 times
06 Fri Dec 2024	10.51	9.93	10.64	9.74	2.614 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
31 Tue Dec 2024	10.08	9.93	11.80	9.56	2.591 times
29 Fri Nov 2024	9.73	10.50	10.70	9.42	0.538 times
31 Thu Oct 2024	10.01	11.14	11.46	8.81	0.737 times
30 Mon Sep 2024	10.78	9.50	10.89	8.96	1.942 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 SELL signal for Goyal Aluminiums in short term and the sell signal is strong.

Goyal Aluminiums Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL 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 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 10.8 and Goyal Aluminiums (GOYALALUM) 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 Goyal Aluminiums (GOYALALUM) stock. Volume based technical analysis of Goyal Aluminiums (GOYALALUM) stock is negative.

Goyal Aluminiums 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.