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(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 2024-03-21 View latest technical analysis

10 day averaged volume of Malu Paper is 4630

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	38.96	39.50	39.50	37.20	0.044 times
20 Wed Mar 2024	37.89	38.00	38.35	37.80	0.462 times
19 Tue Mar 2024	37.81	38.30	38.30	37.50	0.454 times
18 Mon Mar 2024	38.28	37.88	38.70	37.12	0.542 times
15 Fri Mar 2024	37.88	39.79	39.79	37.81	0.666 times
14 Thu Mar 2024	39.79	39.65	39.80	37.67	1.683 times
13 Wed Mar 2024	39.65	41.90	41.90	39.33	0.967 times
12 Tue Mar 2024	41.40	42.10	42.10	41.40	0.584 times
11 Mon Mar 2024	43.57	45.55	45.55	43.50	0.656 times
07 Thu Mar 2024	45.50	45.55	46.70	45.00	2.34 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.5, but if it comes above 39.5, then a intra day buy could be more profitable.
If you take a sell trade below 39.5, then use 39.5 as stoploss and 34.1 as target. However if you take a buy trade in stock , then use 39.5 as stoploss and 44.1 as target.

Share price targets for Malu Paper (MaluPaper)

Target Type	Value
Downside Target	36.50
Upside Target	39.00
Upside Target	41.99
Upside Target	43.00
Upside Target	44.55
Upside Target	48.50
Upside Target	49.00
Upside Target	49.35
Upside Target	52.89
Upside Target	53.90
Upside Target	68.01
Upside Target	69.90

Intraday share price targets for Malu Paper (MaluPaper)

Target Type	Value
Downside Intraday Target	37.55
Downside Intraday Target	36.15
Upside Intraday Target	39.93
Upside Intraday Target	40.91
Downside Intraday Target	38.53

Weekly technical analysis of Malu Paper (MaluPaper)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	38.96	37.88	39.50	37.12	0.329 times
15 Fri Mar 2024	37.88	45.55	45.55	37.67	0.748 times
07 Thu Mar 2024	45.50	46.65	48.50	44.55	1.123 times
02 Sat Mar 2024	48.83	52.89	52.89	45.10	1.558 times
23 Fri Feb 2024	50.66	50.70	53.90	49.35	0.251 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
21 Thu Mar 2024	38.96	47.50	49.00	37.12	0.265 times
29 Thu Feb 2024	47.50	67.92	68.01	45.10	0.192 times
31 Wed Jan 2024	66.61	39.00	69.90	39.00	3.398 times
29 Fri Dec 2023	39.80	39.69	43.00	36.50	4.072 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)

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Malu Paper stock for short term is SELL. Signal strength is Strong 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 below 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 SELL signal in short term and selling is picking up 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 41.31 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.