(MaluPaper) Malu Paper complete technical analysis [charts+indicators] | Buy/Sell Malu Paper | (MaluPaper) share price targets
Complete technical analysis of Malu Paper (MaluPaper) by charts plus indicators, forecast predictions and share price targets for Malu Paper (MaluPaper)
Showing technical analysis as on 2022-05-16 View latest technical analysis
10 day averaged volume of Malu Paper is 2909
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Mon May 2022||32.50||30.90||33.05||30.70||1.883 times|
|13 Fri May 2022||30.15||30.30||30.90||30.00||0.322 times|
|12 Thu May 2022||29.90||31.00||31.00||29.60||0.962 times|
|11 Wed May 2022||30.50||32.00||32.00||29.80||2.435 times|
|10 Tue May 2022||32.00||33.10||33.15||32.00||0.043 times|
|09 Mon May 2022||32.30||33.05||33.10||32.30||0.201 times|
|06 Fri May 2022||33.20||32.30||33.65||32.30||0.999 times|
|05 Thu May 2022||33.95||34.00||34.65||33.60||1.209 times|
|04 Wed May 2022||34.10||34.65||34.70||33.60||2.47 times|
|02 Mon May 2022||34.25||33.50||35.55||33.30||1.165 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 31.9 as stoploss in an intra day buy trade for a target of 34.21. However, stock will show a bearish move below 31.9.
Share price targets for Malu Paper (MaluPaper)
Intraday share price targets for Malu Paper (MaluPaper)
|Downside Intraday Target||31.12|
|Downside Intraday Target||29.73|
|Upside Intraday Target||33.47|
|Upside Intraday Target||34.43|
|Downside Intraday Target||32.08|
Weekly technical analysis of Malu Paper (MaluPaper)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Mon May 2022||32.50||30.90||33.05||30.70||0.475 times|
|13 Fri May 2022||30.15||33.05||33.15||29.60||0.678 times|
|06 Fri May 2022||33.20||33.50||35.55||32.30||0.807 times|
|29 Fri Apr 2022||34.90||36.00||36.45||34.45||0.233 times|
|22 Fri Apr 2022||35.95||37.80||41.80||35.90||2.397 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 Malu Paper (MaluPaper)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|16 Mon May 2022||32.50||33.50||35.55||29.60||0.125 times|
|29 Fri Apr 2022||34.90||34.00||41.80||34.00||1.294 times|
|31 Thu Mar 2022||34.80||29.90||36.90||28.00||2.638 times|
|28 Mon Feb 2022||29.90||32.70||34.65||26.10||0.827 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 Malu Paper (MaluPaper)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||21, 27, 13||Sell|
Price action analysis of Malu Paper ( (MaluPaper) ) 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 Malu Paper ( (MaluPaper) ) 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 Malu Paper ( (MaluPaper) ) 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 Malu Paper ( (MaluPaper) ) based on a mid to longer 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.
ADX buy sell signal for Malu Paper stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Malu Paper 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.
Malu Paper 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 Malu Paper in short term but BUY signal is weak.
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 Malu Paper is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 32.52 and Malu Paper (MaluPaper) 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 Malu Paper (MaluPaper) stock. Volume based technical analysis of Malu Paper (MaluPaper) stock is negative.
Malu Paper 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.