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(MALUPAPER_BE) Malu Paper complete technical analysis [charts+indicators] | Buy/Sell Malu Paper | (MALUPAPER_BE) share price targets

Complete technical analysis of Malu Paper (MALUPAPER_BE) by charts plus indicators, forecast predictions and share price targets for Malu Paper (MALUPAPER_BE)

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Malu Paper is 18456

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	42.20	43.20	43.55	41.55	0.618 times
03 Wed Apr 2024	41.50	41.70	41.90	40.95	0.54 times
02 Tue Apr 2024	39.95	39.40	39.95	38.80	0.544 times
01 Mon Apr 2024	38.05	36.95	38.05	36.00	0.531 times
28 Thu Mar 2024	36.25	37.10	38.65	36.00	1.931 times
27 Wed Mar 2024	37.70	39.90	39.90	37.50	2.054 times
26 Tue Mar 2024	38.25	38.65	40.35	38.10	0.759 times
22 Fri Mar 2024	38.65	38.55	39.00	38.00	0.489 times
21 Thu Mar 2024	38.55	38.80	38.80	38.00	2.294 times
20 Wed Mar 2024	37.90	38.40	38.50	37.50	0.368 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 43.1 as stoploss in an intra day sell trade for a target of 40.13. However, stock will show a bullish move above 43.1.

Share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Target	26.50
Downside Target	29.00
Downside Target	31.00
Downside Target	33.90
Downside Target	36.00
Downside Target	39.00
Downside Target	40.35
Upside Target	43.55
Upside Target	46.75
Upside Target	48.75
Upside Target	49.20
Upside Target	62.85

Intraday share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Intraday Target	37.62
Downside Intraday Target	33.03
Upside Intraday Target	45.17
Upside Intraday Target	48.13
Downside Intraday Target	40.58

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	42.20	36.95	43.55	36.00	0.471 times
28 Thu Mar 2024	36.25	38.65	40.35	36.00	1.108 times
22 Fri Mar 2024	38.65	37.85	39.00	36.60	0.634 times
15 Fri Mar 2024	37.40	46.75	46.75	37.00	2.537 times
07 Thu Mar 2024	45.25	48.65	48.75	43.55	0.595 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 Malu Paper (MALUPAPER_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	42.20	36.95	43.55	36.00	0.114 times
28 Thu Mar 2024	36.25	47.45	49.20	36.00	0.529 times
29 Thu Feb 2024	47.05	27.95	62.85	26.55	2.986 times
29 Fri Jan 2021	26.75	30.25	31.00	26.50	0.874 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 Malu Paper (MALUPAPER_BE)

Price action analysis of Malu Paper ( (MALUPAPER_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Malu Paper ( (MALUPAPER_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 Malu Paper ( (MALUPAPER_BE) ) based on a short to mid 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 Malu Paper ( (MALUPAPER_BE) ) 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 Malu Paper stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Malu Paper 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.

Malu Paper Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Malu Paper in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 Malu Paper is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.33 and Malu Paper (MALUPAPER_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 Malu Paper (MALUPAPER_BE) stock. Volume based technical analysis of Malu Paper (MALUPAPER_BE) stock is negative.

Malu Paper Stock is giving positive 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.