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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 2023-12-28 View latest technical analysis

10 day averaged volume of Manaksia Aluminium is 134703

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Dec 2023	24.55	24.25	24.75	24.20	0.844 times
27 Wed Dec 2023	24.45	24.80	25.00	24.10	0.678 times
26 Tue Dec 2023	24.45	23.90	24.90	23.90	0.421 times
22 Fri Dec 2023	23.90	24.60	24.65	23.50	0.868 times
21 Thu Dec 2023	24.15	23.35	24.40	23.35	0.447 times
20 Wed Dec 2023	23.85	25.20	25.20	23.60	0.799 times
19 Tue Dec 2023	25.00	25.10	25.25	24.85	0.851 times
18 Mon Dec 2023	24.95	24.70	25.80	24.25	2.571 times
15 Fri Dec 2023	24.60	24.70	25.00	24.30	1.43 times
14 Thu Dec 2023	24.45	24.25	24.55	24.10	0.916 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 24.22. 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	23.97
Downside Intraday Target	23.38
Upside Intraday Target	25.07
Upside Intraday Target	25.58
Downside Intraday Target	24.48

Weekly technical analysis of Manaksia Aluminium (MANAKALUCO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Dec 2023	24.55	23.90	25.00	23.90	0.351 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
28 Thu Dec 2023	24.55	24.40	25.80	23.35	0.67 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Manaksia Aluminium ( (MANAKALUCO) ) 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 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 losing 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 moving up

CCI has generated a SELL signal for Manaksia Aluminium in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Manaksia Aluminium is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 24.55 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.