Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-07-26 View latest technical analysis

10 day averaged volume of Manak Aluminium is 66867

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	33.06	32.30	34.00	32.01	0.758 times
25 Thu Jul 2024	33.34	34.25	34.25	32.00	1.091 times
24 Fri May 2024	25.80	26.85	26.85	25.70	0.765 times
23 Thu May 2024	26.50	26.95	26.95	25.70	1.515 times
22 Wed May 2024	25.70	24.50	25.70	24.40	0.787 times
21 Tue May 2024	24.50	25.35	25.35	24.05	0.777 times
18 Sat May 2024	24.95	24.90	25.50	24.30	0.197 times
17 Fri May 2024	24.90	25.40	25.65	23.90	2.301 times
16 Thu May 2024	25.15	26.05	26.05	25.00	1.073 times
15 Wed May 2024	25.65	26.50	26.60	25.00	1.071 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 31.5, for a target of 28.5 or 25.97

Share price targets for Manak Aluminium (MANAKALUCO_BE)

Target Type	Value
Downside Target	22.65
Downside Target	23.45
Downside Target	24.05
Downside Target	25.10
Downside Target	29.25
Downside Target	30.60
Downside Target	32.00
Upside Target	33.30
Upside Target	34.25
Upside Target	41.40

Intraday share price targets for Manak Aluminium (MANAKALUCO_BE)

Target Type	Value
Downside Intraday Target	31.96
Downside Intraday Target	30.85
Upside Intraday Target	34.21
Upside Intraday Target	35.35
Upside Intraday Target	33.1

Weekly technical analysis of Manak Aluminium (MANAKALUCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	33.06	34.25	34.25	32.00	0.481 times
24 Fri May 2024	25.80	25.35	26.95	24.05	0.644 times
18 Sat May 2024	24.95	23.50	26.60	22.65	6.432 times
10 Fri May 2024	23.55	25.10	25.10	23.45	0.834 times
03 Fri May 2024	25.60	27.25	27.25	25.60	1.16 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 Manak Aluminium (MANAKALUCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	33.06	34.25	34.25	32.00	0.161 times
24 Fri May 2024	25.80	26.10	26.95	22.65	1.667 times
30 Tue Apr 2024	26.60	27.40	30.60	26.10	0.38 times
28 Thu Mar 2024	26.30	32.40	33.30	24.30	0.642 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 Manak Aluminium (MANAKALUCO_BE)

Price action analysis of Manak Aluminium ( (MANAKALUCO_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 Manak Aluminium ( (MANAKALUCO_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 Manak Aluminium ( (MANAKALUCO_BE) ) 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 Manak Aluminium stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Manak Aluminium in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Manak Aluminium 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Manak Aluminium 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Manak 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 26.83 and Manak Aluminium (MANAKALUCO_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 Manak Aluminium (MANAKALUCO_BE) stock. Volume based technical analysis of Manak Aluminium (MANAKALUCO_BE) stock is negative.

Manak 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.