Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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

(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)

Showing technical analysis as on 2022-05-18 View latest technical analysis

10 day averaged volume of Hindalco is 756182

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 436.30 437.00 438.25 423.60 0.739 times
17 Tue May 2022 428.50 400.55 432.45 398.80 2.413 times
16 Mon May 2022 391.25 397.00 400.60 384.95 0.998 times
13 Fri May 2022 387.90 409.90 414.50 385.05 0.763 times
12 Thu May 2022 406.05 418.90 422.00 394.75 0.862 times
11 Wed May 2022 422.90 423.00 430.00 414.00 0.497 times
10 Tue May 2022 423.00 438.00 442.25 420.60 0.397 times
09 Mon May 2022 444.10 437.00 448.30 429.45 0.425 times
06 Fri May 2022 444.05 448.00 454.30 439.15 0.495 times
05 Thu May 2022 461.70 469.00 475.75 460.15 0.207 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 417.8 as stoploss in an intra day buy trade for a target of 462.24. However, stock will show a bearish move below 417.8.

Share price targets for Hindalco (Hindalco)

Target Type Value
Downside Target 384.95
Upside Target 438.25
Upside Target 448.30
Upside Target 472.05
Upside Target 508.50
Upside Target 513.45
Upside Target 515.70
Upside Target 556.00
Upside Target 556.20
Upside Target 580.00
Upside Target 595.00
Upside Target 636.00

Intraday share price targets for Hindalco (Hindalco)

Target Type Value
Downside Intraday Target 401.42
Downside Intraday Target 366.53
Upside Intraday Target 454.72
Upside Intraday Target 473.13
Downside Intraday Target 419.83

Weekly technical analysis of Hindalco (Hindalco)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 436.30 397.00 438.25 384.95 1.41 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
18 Wed May 2022 436.30 479.00 486.00 384.95 0.986 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 17, 31, 29 Sell
MACD -63, -62Sell
Stochastics 35None
CCI 29Buy
RSI 41Sell
OBV -4828961Sell
VWAP 420Buy
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 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 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 and selling is picking up 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 420.1 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.

Click here for Hindalco charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme