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(MAL_SM) Mangalam Alloys complete technical analysis [charts+indicators] | Buy/Sell Mangalam Alloys | (MAL_SM) share price targets

Complete technical analysis of Mangalam Alloys (MAL_SM) by charts plus indicators, forecast predictions and share price targets for Mangalam Alloys (MAL_SM)

Showing technical analysis as on 2025-02-24 View latest technical analysis

10 day averaged volume of Mangalam Alloys is 33920

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	29.55	29.55	29.55	29.55	0.047 times
19 Wed Feb 2025	31.75	31.00	31.75	29.75	1.745 times
18 Tue Feb 2025	30.40	29.50	30.40	29.50	0.142 times
17 Mon Feb 2025	29.80	29.85	29.85	28.85	0.189 times
14 Fri Feb 2025	30.00	32.30	32.95	28.80	0.708 times
13 Thu Feb 2025	32.30	33.15	33.15	32.30	0.708 times
12 Wed Feb 2025	33.10	33.20	33.95	33.00	0.896 times
11 Tue Feb 2025	35.40	35.95	37.00	34.85	2.123 times
10 Mon Feb 2025	36.95	34.70	37.50	34.70	1.698 times
07 Fri Feb 2025	34.70	36.00	36.00	34.70	1.085 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.6, but if it comes above 31.6, then a intra day buy could be more profitable.
If you take a sell trade below 31.6, then use 31.6 as stoploss and 27.9 as target. However if you take a buy trade in stock , then use 31.6 as stoploss and 34.76 as target.

Share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Target	28.80
Downside Target	29.55
Upside Target	31.75
Upside Target	34.50
Upside Target	36.50
Upside Target	39.00
Upside Target	39.40
Upside Target	39.90
Upside Target	42.55
Upside Target	42.80
Upside Target	45.00

Intraday share price targets for Mangalam Alloys (MAL_SM)

Target Type	Value
Downside Intraday Target	29.55
Downside Intraday Target	29.55
Downside Intraday Target	29.55
Downside Intraday Target	29.55
Downside Intraday Target	29.55

Weekly technical analysis of Mangalam Alloys (MAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	29.55	29.55	29.55	29.55	0.023 times
19 Wed Feb 2025	31.75	29.85	31.75	28.85	0.338 times
14 Fri Feb 2025	30.00	34.70	37.50	28.80	1.083 times
07 Fri Feb 2025	34.70	34.50	39.40	34.50	1.043 times
31 Fri Jan 2025	36.25	39.00	39.00	35.00	3.108 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 Mangalam Alloys (MAL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	29.55	34.50	39.40	28.80	0.881 times
31 Fri Jan 2025	36.25	40.00	42.80	35.00	0.373 times
31 Tue Dec 2024	40.50	38.60	45.00	37.10	2.18 times
29 Fri Nov 2024	38.00	38.35	39.90	36.50	0.416 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 Mangalam Alloys (MAL_SM)

Price action analysis of Mangalam Alloys ( (MAL_SM) ) 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 Mangalam Alloys ( (MAL_SM) ) 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 Mangalam Alloys ( (MAL_SM) ) 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 Mangalam Alloys ( (MAL_SM) ) 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 Mangalam Alloys stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mangalam Alloys in short term and the sell signal is strong.

Mangalam Alloys 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 Mangalam Alloys in short term and SELL 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

Stock of Mangalam Alloys is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.84 and Mangalam Alloys (MAL_SM) 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 Mangalam Alloys (MAL_SM) stock. Volume based technical analysis of Mangalam Alloys (MAL_SM) stock is negative.

Mangalam Alloys 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.