(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 595243
|Date||Daily Closing Price||Open||High||Low||Volume|
|04 Tue Oct 2022||394.00||391.55||400.60||390.25||0.379 times|
|03 Mon Oct 2022||381.00||390.00||390.00||379.00||1.23 times|
|30 Fri Sep 2022||391.00||377.95||395.45||375.25||1.239 times|
|29 Thu Sep 2022||371.40||366.00||376.95||366.00||1.848 times|
|28 Wed Sep 2022||360.55||369.95||372.00||358.80||0.689 times|
|27 Tue Sep 2022||373.55||375.95||379.10||365.25||1.205 times|
|26 Mon Sep 2022||373.30||390.00||390.25||369.65||1.721 times|
|23 Fri Sep 2022||396.40||412.10||412.80||395.00||0.655 times|
|22 Thu Sep 2022||412.15||409.55||415.00||403.60||0.684 times|
|21 Wed Sep 2022||411.45||418.00||423.65||410.80||0.379 times|
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 382.4 as stoploss in an intra day buy trade for a target of 406.28. However, stock will show a bearish move below 382.4.
Share price targets for Hindalco (Hindalco)
Intraday share price targets for Hindalco (Hindalco)
|Downside Intraday Target||381.8|
|Downside Intraday Target||369.6|
|Upside Intraday Target||403.4|
|Upside Intraday Target||412.8|
|Downside Intraday Target||391.2|
Weekly technical analysis of Hindalco (Hindalco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|04 Tue Oct 2022||394.00||390.00||400.60||379.00||0.24 times|
|30 Fri Sep 2022||391.00||390.00||395.45||358.80||1.434 times|
|23 Fri Sep 2022||396.40||412.10||427.50||395.00||1.448 times|
|16 Fri Sep 2022||414.05||432.50||447.80||405.85||0.896 times|
|09 Fri Sep 2022||425.85||415.00||437.40||415.00||1.208 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|
|04 Tue Oct 2022||394.00||390.00||400.60||379.00||0.079 times|
|30 Fri Sep 2022||391.00||427.00||447.80||358.80||1.086 times|
|30 Tue Aug 2022||438.95||419.10||446.70||384.00||0.839 times|
|29 Fri Jul 2022||415.20||336.30||417.50||326.75||1.289 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 Hindalco (Hindalco)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||26, 24, 3||Buy|
Price action analysis of Hindalco ( (Hindalco) ) 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 Hindalco ( (Hindalco) ) based on a short 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.
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 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 Hindalco stock for short term is BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 381.62 and Hindalco (Hindalco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.