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(MANAKALUCO) Manaksia Aluminium complete technical analysis [charts+indicators] | Buy/Sell Manaksia Aluminium | (MANAKALUCO) share price targets

Complete technical analysis of Manaksia Aluminium (MANAKALUCO) by charts plus indicators, forecast predictions and share price targets for Manaksia Aluminium (MANAKALUCO)

Showing technical analysis as on 2023-12-27 View latest technical analysis

10 day averaged volume of Manaksia Aluminium is 130655

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	24.45	24.80	25.00	24.10	0.699 times
26 Tue Dec 2023	24.45	23.90	24.90	23.90	0.434 times
22 Fri Dec 2023	23.90	24.60	24.65	23.50	0.895 times
21 Thu Dec 2023	24.15	23.35	24.40	23.35	0.461 times
20 Wed Dec 2023	23.85	25.20	25.20	23.60	0.824 times
19 Tue Dec 2023	25.00	25.10	25.25	24.85	0.878 times
18 Mon Dec 2023	24.95	24.70	25.80	24.25	2.65 times
15 Fri Dec 2023	24.60	24.70	25.00	24.30	1.474 times
14 Thu Dec 2023	24.45	24.25	24.55	24.10	0.944 times
13 Wed Dec 2023	24.35	24.00	24.45	23.60	1.05 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 24.6 as stoploss in an intra day sell trade for a target of 24.2. However, stock will show a bullish move above 24.6.

Share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Target	22.65
Upside Target	24.70
Upside Target	25.00
Upside Target	25.80
Upside Target	26.40
Upside Target	28.60
Upside Target	28.70
Upside Target	29.60

Intraday share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Intraday Target	23.9
Downside Intraday Target	23.35
Upside Intraday Target	25
Upside Intraday Target	25.55
Downside Intraday Target	24.45

Weekly technical analysis of Manaksia Aluminium (MANAKALUCO)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	24.45	23.90	25.00	23.90	0.199 times
22 Fri Dec 2023	23.90	24.70	25.80	23.35	1.288 times
15 Fri Dec 2023	24.60	24.30	25.00	23.60	1.176 times
08 Fri Dec 2023	23.95	24.50	24.70	23.40	2.708 times
01 Fri Dec 2023	24.05	24.40	24.45	23.90	0.236 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 Manaksia Aluminium (MANAKALUCO)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Dec 2023	24.45	24.40	25.80	23.35	0.634 times
30 Thu Nov 2023	24.20	25.50	28.70	23.00	2.206 times
31 Tue Oct 2023	25.40	28.60	28.60	22.65	0.337 times
29 Fri Sep 2023	28.15	25.05	29.60	24.05	2.714 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 Manaksia Aluminium (MANAKALUCO)

Price action analysis of Manaksia Aluminium ( (MANAKALUCO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Manaksia Aluminium ( (MANAKALUCO) ) based on a short 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 Manaksia Aluminium ( (MANAKALUCO) ) based on a short to mid 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 Manaksia Aluminium ( (MANAKALUCO) ) 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 Manaksia Aluminium stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Manaksia Aluminium 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.

Manaksia Aluminium 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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Manaksia Aluminium in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Manaksia Aluminium is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24.53 and Manaksia Aluminium (MANAKALUCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Manaksia Aluminium (MANAKALUCO) stock. Volume based technical analysis of Manaksia Aluminium (MANAKALUCO) stock is negative.

Manaksia Aluminium 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.