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 2025-01-22 View latest technical analysis

10 day averaged volume of Goyal Aluminiums is 172967

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	9.11	9.37	9.37	9.00	0.698 times
21 Tue Jan 2025	9.20	9.49	9.49	9.07	1.023 times
20 Mon Jan 2025	9.35	9.40	9.40	9.20	0.619 times
17 Fri Jan 2025	9.24	9.23	9.29	9.13	0.4 times
16 Thu Jan 2025	9.12	9.00	9.24	9.00	0.889 times
15 Wed Jan 2025	9.06	9.04	9.35	9.00	0.606 times
14 Tue Jan 2025	9.03	8.67	9.25	8.55	1.537 times
13 Mon Jan 2025	8.67	9.54	9.54	8.60	1.184 times
10 Fri Jan 2025	9.02	9.00	9.23	8.86	1.044 times
09 Thu Jan 2025	9.11	9.62	9.62	9.01	1.829 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 as stoploss in an intra day buy trade for a target of 9.52. However, stock will show a bearish move below 9.

Share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Target	8.55
Downside Target	8.81
Upside Target	9.42
Upside Target	10.21
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	11.80

Intraday share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Intraday Target	8.91
Downside Intraday Target	8.71
Upside Intraday Target	9.4
Upside Intraday Target	9.69
Upside Intraday Target	9.2

Weekly technical analysis of Goyal Aluminiums (GOYALALUM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	9.11	9.40	9.49	9.00	0.507 times
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

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
22 Wed Jan 2025	9.11	10.20	10.67	8.55	0.382 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 SELL. 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 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 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 9.06 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.