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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 2024-04-09 View latest technical analysis

10 day averaged volume of Malu Paper is 15941

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	41.85	42.50	42.50	41.85	0.069 times
08 Mon Apr 2024	42.70	43.85	43.85	41.10	0.731 times
05 Fri Apr 2024	42.45	42.95	42.95	41.10	0.626 times
04 Thu Apr 2024	42.20	43.20	43.55	41.55	0.715 times
03 Wed Apr 2024	41.50	41.70	41.90	40.95	0.625 times
02 Tue Apr 2024	39.95	39.40	39.95	38.80	0.629 times
01 Mon Apr 2024	38.05	36.95	38.05	36.00	0.615 times
28 Thu Mar 2024	36.25	37.10	38.65	36.00	2.236 times
27 Wed Mar 2024	37.70	39.90	39.90	37.50	2.378 times
26 Tue Mar 2024	38.25	38.65	40.35	38.10	0.879 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41.8, but if it comes below 41.8, then a intra day sell could be more profitable.
If you take a sell trade below 41.8, then use 41.8 as stoploss and 39.64 as target. However if you take a buy trade in stock , then use 41.8 as stoploss and 44.4 as target.

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	43.85
Upside Target	46.75
Upside Target	49.20
Upside Target	62.85

Intraday share price targets for Malu Paper (MALUPAPER_BE)

Target Type	Value
Downside Intraday Target	40.68
Downside Intraday Target	39.52
Upside Intraday Target	43.43
Upside Intraday Target	45.02
Upside Intraday Target	42.27

Weekly technical analysis of Malu Paper (MALUPAPER_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	41.85	43.85	43.85	41.10	0.249 times
05 Fri Apr 2024	42.45	36.95	43.55	36.00	0.585 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

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 Malu Paper (MALUPAPER_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	41.85	36.95	43.85	36.00	0.177 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 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 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 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 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 tired and bears are picking up momentum.

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 Malu Paper in short term but SELL signal is weak.

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 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 38.9 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.