(Hindalco) Hindalco complete technical analysis [charts+indicators] | Buy/Sell Hindalco | (Hindalco) share price targets
Complete technical analysis of Hindalco (Hindalco) by charts plus indicators, forecast predictions and share price targets for Hindalco (Hindalco)
10 day averaged volume of Hindalco is 605578
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||428.50||400.55||432.45||398.80||3.013 times|
|16 Mon May 2022||391.25||397.00||400.60||384.95||1.246 times|
|13 Fri May 2022||387.90||409.90||414.50||385.05||0.953 times|
|12 Thu May 2022||406.05||418.90||422.00||394.75||1.076 times|
|11 Wed May 2022||422.90||423.00||430.00||414.00||0.62 times|
|10 Tue May 2022||423.00||438.00||442.25||420.60||0.496 times|
|09 Mon May 2022||444.10||437.00||448.30||429.45||0.531 times|
|06 Fri May 2022||444.05||448.00||454.30||439.15||0.618 times|
|05 Thu May 2022||461.70||469.00||475.75||460.15||0.259 times|
|04 Wed May 2022||461.60||486.00||486.00||458.80||3.676 times|
Stock of Hindalco (Hindalco) has showed a significant upmove. This could be a good time to enter in this stock!
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 420.3 as stoploss in an intra day buy trade for a target of 467.48. However, stock will show a bearish move below 420.3.
Share price targets for Hindalco (Hindalco)
Intraday share price targets for Hindalco (Hindalco)
|Downside Intraday Target||398.15|
|Downside Intraday Target||367.8|
|Upside Intraday Target||445.65|
|Upside Intraday Target||462.8|
|Downside Intraday Target||415.3|
Weekly technical analysis of Hindalco (Hindalco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||428.50||397.00||432.45||384.95||1.159 times|
|13 Fri May 2022||387.90||437.00||448.30||385.05||0.724 times|
|06 Fri May 2022||444.05||479.00||486.00||439.15||2.213 times|
|29 Fri Apr 2022||483.65||505.00||508.50||476.75||0.407 times|
|22 Fri Apr 2022||514.15||546.00||556.20||513.45||2.284 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 Hindalco (Hindalco)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||428.50||479.00||486.00||384.95||0.92 times|
|29 Fri Apr 2022||483.65||569.00||595.00||476.75||0.747 times|
|31 Thu Mar 2022||569.60||577.00||636.00||556.00||1.683 times|
|28 Mon Feb 2022||573.70||489.15||580.00||487.80||1.363 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 Hindalco (Hindalco)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||16, 34, 36||Sell|
Price action analysis of Hindalco ( (Hindalco) ) 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 Hindalco ( (Hindalco) ) based on a short 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 Hindalco ( (Hindalco) ) 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 Hindalco ( (Hindalco) ) based on a mid to longer 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.
ADX buy sell signal for Hindalco stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Hindalco in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hindalco 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Hindalco in short term but BUY signal is weak.
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 Hindalco is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 431.12 and Hindalco (Hindalco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Hindalco (Hindalco) stock. Volume based technical analysis of Hindalco (Hindalco) stock is negative.
Hindalco Stock has given negative 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.