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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 2024-10-31 View latest technical analysis

10 day averaged volume of Manaksia Aluminium is 76291

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	28.20	28.74	28.74	27.90	0.222 times
30 Wed Oct 2024	28.03	27.35	28.17	27.35	0.837 times
29 Tue Oct 2024	26.83	28.14	28.45	26.36	1.646 times
28 Mon Oct 2024	27.75	26.20	28.15	25.66	1.004 times
25 Fri Oct 2024	26.90	28.55	28.68	26.90	0.423 times
24 Thu Oct 2024	28.32	27.98	28.70	27.90	0.381 times
23 Wed Oct 2024	27.98	28.89	28.94	27.60	1.608 times
22 Tue Oct 2024	28.72	30.00	30.00	28.66	0.566 times
21 Mon Oct 2024	30.17	31.66	31.66	29.89	0.454 times
18 Fri Oct 2024	31.47	30.90	31.84	30.90	0.379 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 28.1 as stoploss in an intra day buy trade for a target of 30.48. However, stock will show a bearish move below 28.1.

Share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Target	23.95
Downside Target	25.66
Downside Target	26.90
Upside Target	28.50
Upside Target	29.33
Upside Target	30.90
Upside Target	31.80
Upside Target	34.00
Upside Target	34.40
Upside Target	35.02
Upside Target	35.88
Upside Target	46.00

Intraday share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Intraday Target	26.33
Downside Intraday Target	24.45
Upside Intraday Target	29.41
Upside Intraday Target	30.61
Downside Intraday Target	27.53

Weekly technical analysis of Manaksia Aluminium (MANAKALUCO)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	28.20	26.20	28.74	25.66	1.081 times
25 Fri Oct 2024	26.90	31.66	31.66	26.90	0.716 times
18 Fri Oct 2024	31.47	34.01	35.02	30.90	2.428 times
11 Fri Oct 2024	33.76	31.02	34.00	29.33	0.364 times
24 Wed Jul 2024	33.29	32.21	34.40	31.05	0.303 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
31 Thu Oct 2024	28.20	31.02	35.02	25.66	0.213 times
24 Wed Jul 2024	33.29	28.70	35.88	27.21	2.222 times
28 Fri Jun 2024	27.67	27.50	31.80	24.55	3.557 times
31 Fri May 2024	27.15	26.00	28.50	23.95	0.03 times

Scroll below to view daily charts

Price has moved down 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 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 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 mid to longer 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.

ADX buy sell signal for Manaksia Aluminium stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Manaksia Aluminium in short term and the sell signal is strong.

Manaksia Aluminium Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Manaksia Aluminium in short term but BUY 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 28.03 and Manaksia Aluminium (MANAKALUCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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 has given negative 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.