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

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

Showing technical analysis as on 2024-06-26 View latest technical analysis

10 day averaged volume of Goyal Aluminiums is 88637

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	9.48	9.48	9.48	9.48	1.49 times
25 Tue Jun 2024	9.30	9.30	9.30	9.30	1.469 times
24 Mon Jun 2024	9.30	9.27	9.30	9.26	2.001 times
21 Fri Jun 2024	9.30	9.21	9.30	9.21	0.843 times
20 Thu Jun 2024	9.21	9.21	9.21	9.21	0.635 times
19 Wed Jun 2024	9.20	9.15	9.20	9.15	1.039 times
18 Tue Jun 2024	9.12	8.95	9.12	8.95	1.198 times
14 Fri Jun 2024	8.95	8.92	8.95	8.92	0.645 times
13 Thu Jun 2024	8.92	8.92	8.92	8.92	0.835 times
12 Wed Jun 2024	8.89	8.72	8.89	8.72	0.569 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 9.5, for a target of 9.3 or 9.06

Share price targets for Goyal Aluminiums (GOYALALUM_BE)

Target Type	Value
Downside Target	8.20
Downside Target	8.55
Downside Target	8.95
Downside Target	9.30
Downside Target	9.45
Downside Target	9.48
Upside Target	10.25
Upside Target	10.45
Upside Target	10.55
Upside Target	11.20

Intraday share price targets for Goyal Aluminiums (GOYALALUM_BE)

Target Type	Value
Downside Intraday Target	9.33
Downside Intraday Target	9.19
Upside Intraday Target	9.55
Upside Intraday Target	9.63
Downside Intraday Target	9.41

Weekly technical analysis of Goyal Aluminiums (GOYALALUM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	9.48	9.27	9.48	9.26	1.335 times
21 Fri Jun 2024	9.30	8.95	9.30	8.95	1.038 times
14 Fri Jun 2024	8.95	8.75	8.95	8.70	0.612 times
07 Fri Jun 2024	8.75	9.20	9.20	8.75	1.234 times
31 Fri May 2024	9.05	9.45	9.45	9.05	0.532 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	9.48	9.20	9.48	8.70	0.391 times
31 Fri May 2024	9.05	8.90	10.55	8.35	1.665 times
30 Tue Apr 2024	8.95	8.55	10.45	8.55	0.729 times
28 Thu Mar 2024	8.50	10.10	10.25	8.20	0.714 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_BE)

Price action analysis of Goyal Aluminiums ( (GOYALALUM_BE) ) 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_BE) ) 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_BE) ) 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 gaining momentum.

MACD generated a BUY signal for Goyal Aluminiums in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Goyal Aluminiums in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 9.22 and Goyal Aluminiums (GOYALALUM_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Goyal Aluminiums (GOYALALUM_BE) stock. Volume based technical analysis of Goyal Aluminiums (GOYALALUM_BE) 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.