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

(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 2025-01-17 View latest technical analysis

10 day averaged volume of Goyal Aluminiums is 228559

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	9.24	9.23	9.29	9.13	0.302 times
16 Thu Jan 2025	9.12	9.00	9.24	9.00	0.673 times
15 Wed Jan 2025	9.06	9.04	9.35	9.00	0.458 times
14 Tue Jan 2025	9.03	8.67	9.25	8.55	1.163 times
13 Mon Jan 2025	8.67	9.54	9.54	8.60	0.896 times
10 Fri Jan 2025	9.02	9.00	9.23	8.86	0.79 times
09 Thu Jan 2025	9.11	9.62	9.62	9.01	1.384 times
08 Wed Jan 2025	9.49	9.36	9.64	9.35	0.658 times
07 Tue Jan 2025	9.39	9.51	9.69	9.35	0.999 times
06 Mon Jan 2025	9.53	10.34	10.67	9.40	2.069 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 9.1 as stoploss in an intra day buy trade for a target of 9.76. However, stock will show a bearish move below 9.1.

Share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Target	8.55
Downside Target	8.81
Upside Target	9.42
Upside Target	10.11
Upside Target	10.67
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	8.68
Downside Intraday Target	8.12
Upside Intraday Target	9.67
Upside Intraday Target	10.1
Downside Intraday Target	9.11

Weekly technical analysis of Goyal Aluminiums (GOYALALUM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	9.24	9.54	9.54	8.55	0.592 times
10 Fri Jan 2025	9.02	10.34	10.67	8.86	0.861 times
03 Fri Jan 2025	10.12	10.80	10.99	9.51	1.501 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

Price has moved up 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
17 Fri Jan 2025	9.24	10.20	10.67	8.55	0.34 times
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

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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Goyal Aluminiums in short term and the sell signal is strong.

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

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 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 9.2 and Goyal Aluminiums (GOYALALUM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.