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

(AlfaIca) Alfa Ica complete technical analysis [charts+indicators] | Buy/Sell Alfa Ica | (AlfaIca) share price targets

Complete technical analysis of Alfa Ica (AlfaIca) by charts plus indicators, forecast predictions and share price targets for Alfa Ica (AlfaIca)

Showing technical analysis as on 2023-09-21 View latest technical analysis

10 day averaged volume of Alfa Ica is 1388

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	50.12	50.01	50.13	50.01	0.418 times
20 Wed Sep 2023	50.57	51.50	53.74	50.00	1.05 times
18 Mon Sep 2023	51.20	52.00	52.01	51.01	0.713 times
15 Fri Sep 2023	53.19	53.00	54.00	52.00	0.975 times
14 Thu Sep 2023	53.00	57.70	57.70	52.25	2.024 times
13 Wed Sep 2023	55.00	55.82	59.00	55.00	0.978 times
12 Tue Sep 2023	57.25	57.10	57.34	55.05	1.57 times
11 Mon Sep 2023	54.61	54.00	54.61	54.00	1.368 times
08 Fri Sep 2023	52.01	54.00	54.00	51.92	0.792 times
07 Thu Sep 2023	54.65	50.01	54.84	50.01	0.248 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.3, but if it comes above 50.3, then a intra day buy could be more profitable.
If you take a sell trade below 50.3, then use 50.3 as stoploss and 47.9 as target. However if you take a buy trade in stock , then use 50.3 as stoploss and 52.3 as target.

Share price targets for Alfa Ica (AlfaIca)

Target Type	Value
Downside Target	37.60
Downside Target	46.66
Downside Target	48.10
Downside Target	49.40
Upside Target	52.00
Upside Target	53.74
Upside Target	54.35
Upside Target	54.37
Upside Target	54.84
Upside Target	55.21
Upside Target	59.00

Intraday share price targets for Alfa Ica (AlfaIca)

Target Type	Value
Downside Intraday Target	48.83
Downside Intraday Target	47.55
Upside Intraday Target	52.57
Upside Intraday Target	55.03
Upside Intraday Target	51.29

Weekly technical analysis of Alfa Ica (AlfaIca)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	50.12	52.00	53.74	50.00	0.315 times
15 Fri Sep 2023	53.19	54.00	59.00	52.00	4.402 times
08 Fri Sep 2023	52.01	51.50	54.84	49.88	2.268 times
31 Thu Aug 2023	52.50	50.60	52.50	49.40	0.163 times
25 Fri Aug 2023	53.05	49.41	54.35	48.10	8.143 times

Price has moved down 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 Alfa Ica (AlfaIca)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	50.12	51.50	59.00	49.88	1.557 times
31 Thu Aug 2023	52.50	50.00	54.35	46.66	1.051 times
31 Mon Jul 2023	49.60	51.00	54.37	47.02	0.414 times
30 Fri Jun 2023	51.00	37.72	55.21	37.72	2.013 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Alfa Ica (AlfaIca)

Price action analysis of Alfa Ica ( (AlfaIca) ) 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 Alfa Ica ( (AlfaIca) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Alfa Ica ( (AlfaIca) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Alfa Ica stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Alfa Ica Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Alfa Ica in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Alfa Ica is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 53.55 and Alfa Ica (AlfaIca) 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 Alfa Ica (AlfaIca) stock. Volume based technical analysis of Alfa Ica (AlfaIca) stock is negative.

Alfa Ica Stock has given negative 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.