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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 2024-10-03 View latest technical analysis

10 day averaged volume of Manak Aluminium is 80942

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	33.19	35.50	35.50	33.00	0.652 times
01 Tue Oct 2024	34.07	33.20	34.14	32.05	3.444 times
30 Mon Sep 2024	32.52	32.50	33.04	30.51	1.872 times
27 Fri Sep 2024	31.47	31.70	31.85	30.25	0.689 times
26 Thu Sep 2024	31.04	30.79	31.80	29.96	0.79 times
25 Wed Sep 2024	30.47	30.10	30.95	29.61	0.323 times
24 Tue Sep 2024	30.01	31.80	31.80	29.90	0.814 times
23 Mon Sep 2024	30.93	30.70	31.00	30.00	0.513 times
20 Fri Sep 2024	29.91	31.00	31.90	29.77	0.353 times
19 Thu Sep 2024	30.63	31.77	32.25	30.50	0.272 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 33.5, for a target of 32.1 or 30.94

Share price targets for Manak Aluminium (MANAKALUCO_BE)

Target Type	Value
Downside Target	22.65
Downside Target	26.95
Downside Target	28.51
Downside Target	30.51
Downside Target	31.20
Downside Target	32.05
Downside Target	32.25
Downside Target	33.04
Downside Target	33.05
Upside Target	34.25
Upside Target	35.50

Intraday share price targets for Manak Aluminium (MANAKALUCO_BE)

Target Type	Value
Downside Intraday Target	30.63
Downside Intraday Target	28.08
Upside Intraday Target	35.62
Upside Intraday Target	38.06
Downside Intraday Target	33.07

Weekly technical analysis of Manak Aluminium (MANAKALUCO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	33.19	32.50	35.50	30.51	1.906 times
27 Fri Sep 2024	31.47	30.70	31.85	29.61	1.218 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Manak Aluminium (MANAKALUCO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	33.19	33.20	35.50	32.05	0.384 times
30 Mon Sep 2024	32.52	30.00	33.04	28.51	0.942 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

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 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 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 buy signal for Manak Aluminium in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 32.41 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.