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(GOYALALUM) Goyal Aluminiums complete technical analysis [charts+indicators] | Buy/Sell Goyal Aluminiums | (GOYALALUM) share price targets

Complete technical analysis of Goyal Aluminiums (GOYALALUM) by charts plus indicators, forecast predictions and share price targets for Goyal Aluminiums (GOYALALUM)

Showing technical analysis as on 2025-05-06 View latest technical analysis

10 day averaged volume of Goyal Aluminiums is 188982

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue May 2025	8.09	8.17	8.42	8.01	0.583 times
05 Mon May 2025	8.17	8.31	8.50	8.10	0.833 times
02 Fri May 2025	8.30	8.34	8.42	8.14	0.529 times
30 Wed Apr 2025	8.18	8.25	8.75	8.07	1.662 times
29 Tue Apr 2025	8.42	8.65	8.70	8.33	0.446 times
28 Mon Apr 2025	8.51	8.09	9.17	8.09	2.865 times
25 Fri Apr 2025	8.16	8.78	8.78	7.95	0.541 times
24 Thu Apr 2025	8.60	8.61	8.76	8.56	0.555 times
23 Wed Apr 2025	8.65	8.89	8.89	8.57	0.937 times
22 Tue Apr 2025	8.71	8.52	9.04	8.52	1.143 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.1, but if it comes above 8.1, then a intra day buy could be more profitable.
If you take a sell trade below 8.1, then use 8.1 as stoploss and 7.9 as target. However if you take a buy trade in stock , then use 8.1 as stoploss and 8.33 as target.

Share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Target	7.11
Downside Target	7.27
Downside Target	7.95
Upside Target	8.49
Upside Target	8.50
Upside Target	9.04
Upside Target	9.17
Upside Target	9.40
Upside Target	9.99
Upside Target	10.67

Intraday share price targets for Goyal Aluminiums (GOYALALUM)

Target Type	Value
Downside Intraday Target	7.9
Downside Intraday Target	7.71
Upside Intraday Target	8.39
Upside Intraday Target	8.69
Upside Intraday Target	8.2

Weekly technical analysis of Goyal Aluminiums (GOYALALUM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue May 2025	8.09	8.31	8.50	8.01	0.257 times
02 Fri May 2025	8.30	8.09	9.17	8.07	1.501 times
25 Fri Apr 2025	8.16	8.56	9.04	7.95	2.626 times
17 Thu Apr 2025	8.38	8.35	8.50	8.23	0.538 times
11 Fri Apr 2025	8.25	8.20	8.49	7.27	1.223 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 Goyal Aluminiums (GOYALALUM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue May 2025	8.09	8.34	8.50	8.01	0.132 times
30 Wed Apr 2025	8.18	8.70	9.17	7.27	1.058 times
28 Fri Mar 2025	8.26	8.38	9.40	7.11	1.109 times
28 Fri Feb 2025	8.37	9.02	9.99	7.97	0.539 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 Goyal Aluminiums (GOYALALUM)

Price action analysis of Goyal Aluminiums ( (GOYALALUM) ) 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 Goyal Aluminiums ( (GOYALALUM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Goyal Aluminiums ( (GOYALALUM) ) 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 Goyal Aluminiums stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Goyal Aluminiums in short term and the sell signal is strong.

Goyal Aluminiums 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Goyal Aluminiums 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

Stock of Goyal Aluminiums is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.41 and Goyal Aluminiums (GOYALALUM) 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 Goyal Aluminiums (GOYALALUM) stock. Volume based technical analysis of Goyal Aluminiums (GOYALALUM) stock is negative.

Goyal Aluminiums 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.