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(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 2024-09-23 View latest technical analysis

10 day averaged volume of Manak Aluminium is 28814

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	30.93	30.70	31.00	30.00	1.442 times
20 Fri Sep 2024	29.91	31.00	31.90	29.77	0.991 times
19 Thu Sep 2024	30.63	31.77	32.25	30.50	0.764 times
18 Wed Sep 2024	31.77	31.75	32.15	30.77	2.611 times
17 Tue Sep 2024	31.36	31.40	31.50	30.03	1.777 times
16 Mon Sep 2024	30.62	29.00	30.90	29.00	1.079 times
13 Fri Sep 2024	29.62	29.56	30.20	28.51	1.001 times
12 Thu Sep 2024	29.57	30.48	30.48	29.06	0.453 times
11 Wed Sep 2024	30.19	30.60	30.60	29.51	0.25 times
10 Tue Sep 2024	30.26	30.00	30.76	29.55	0.592 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 31.1 as stoploss in an intra day sell trade for a target of 30.48. However, stock will show a bullish move above 31.1.

Share price targets for Manak Aluminium (MANAKALUCO_BE)

Target Type	Value
Downside Target	22.65
Downside Target	26.10
Downside Target	26.95
Downside Target	28.51
Downside Target	30.60
Upside Target	31.55
Upside Target	31.94
Upside Target	31.95
Upside Target	32.25
Upside Target	33.05
Upside Target	34.25

Intraday share price targets for Manak Aluminium (MANAKALUCO_BE)

Target Type	Value
Downside Intraday Target	30.29
Downside Intraday Target	29.64
Upside Intraday Target	31.29
Upside Intraday Target	31.64
Downside Intraday Target	30.64

Weekly technical analysis of Manak Aluminium (MANAKALUCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	30.93	30.70	31.00	30.00	0.2 times
20 Fri Sep 2024	29.91	29.00	32.25	29.00	2.599 times
13 Fri Sep 2024	29.62	30.30	31.20	28.51	0.472 times
06 Fri Sep 2024	30.38	30.00	31.95	29.43	0.777 times
30 Fri Aug 2024	30.13	31.60	31.94	30.00	0.539 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
23 Mon Sep 2024	30.93	30.00	32.25	28.51	0.545 times
30 Fri Aug 2024	30.13	33.00	33.05	27.35	3.271 times
31 Wed Jul 2024	32.10	34.25	34.25	31.55	0.365 times
24 Fri May 2024	25.80	26.10	26.95	22.65	1.667 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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.

ADX buy sell signal for Manak Aluminium stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Manak Aluminium in short term but the sell signal is initial and weak.

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

Manak 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. 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 moving up

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Manak 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 30.83 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.