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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 2024-11-07 View latest technical analysis

10 day averaged volume of Manaksia Aluminium is 43916

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	28.54	29.69	30.22	28.31	2.144 times
06 Wed Nov 2024	29.23	29.30	29.50	28.02	0.365 times
05 Tue Nov 2024	28.46	27.50	28.70	27.49	0.488 times
04 Mon Nov 2024	28.09	29.70	29.78	28.01	0.428 times
01 Fri Nov 2024	29.13	29.29	29.61	28.50	0.877 times
31 Thu Oct 2024	28.20	28.74	28.74	27.90	0.385 times
30 Wed Oct 2024	28.03	27.35	28.17	27.35	1.453 times
29 Tue Oct 2024	26.83	28.14	28.45	26.36	2.86 times
28 Mon Oct 2024	27.75	26.20	28.15	25.66	1.745 times
25 Fri Oct 2024	26.90	28.55	28.68	26.90	0.735 times

Stock of Manaksia Aluminium (MANAKALUCO) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 27.4 or till 24.8. Use a stoploss of 29.62 and if the stock hits stoploss, then it can shoot up till 31.81

Share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Target	23.95
Downside Target	24.55
Downside Target	25.66
Downside Target	26.90
Downside Target	28.50
Upside Target	29.33
Upside Target	30.22
Upside Target	30.90
Upside Target	31.66
Upside Target	31.80
Upside Target	34.00
Upside Target	35.02
Upside Target	35.88

Intraday share price targets for Manaksia Aluminium (MANAKALUCO)

Target Type	Value
Downside Intraday Target	27.28
Downside Intraday Target	26.02
Upside Intraday Target	30.01
Upside Intraday Target	31.48
Upside Intraday Target	28.75

Weekly technical analysis of Manaksia Aluminium (MANAKALUCO)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	28.54	29.70	30.22	27.49	0.468 times
01 Fri Nov 2024	29.13	26.20	29.61	25.66	1.228 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

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 Manaksia Aluminium (MANAKALUCO)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	28.54	29.29	30.22	27.49	0.178 times
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

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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Manaksia Aluminium stock for short term is SELL. 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 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 below 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 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 27.86 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 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.