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Stock analysis Manaksia Aluminium Company Limited MANAKALUCO

More indepth analysis on MunafaSutra.com

Moving Averages for Manaksia Aluminium Company Limited

  • 5Day Average: 32.93
  • 12Day Average: 32.46
  • 20Day Average: 32.82
  • 50Day Average: 29.72
  • 100Day Average: 28.35
  • 150Day Average: 27.58
  • 200Day Average: 26.87

MANAKALUCO Indicators & signals

Indicator MACD (12,26,9)

32.45, 31.76, 0.87
Indicator MACD is in positive zone

Indicator ADX (14)

11.9, 21.08, 16.59
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MANAKALUCO Manaksia Aluminium Company Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Thu Oct 2024 31.62 31.50 to 34.08 -2.59% 2.84 times
16 Wed Oct 2024 32.46 32.05 to 33.17 -1.28% 0.3 times
15 Tue Oct 2024 32.88 32.60 to 34.85 -3.04% 0.62 times
14 Mon Oct 2024 33.91 33.46 to 35.02 0.44% 0.88 times
11 Fri Oct 2024 33.76 32.57 to 34.00 3.88% 0.94 times
10 Thu Oct 2024 32.50 31.80 to 33.35 2.23% 0.28 times
09 Wed Oct 2024 31.79 30.30 to 32.87 1.53% 0.42 times
08 Tue Oct 2024 31.31 29.33 to 31.87 -5.95% 0.44 times
24 Wed Jul 2024 33.29 31.23 to 33.29 4.98% 2.44 times
23 Tue Jul 2024 31.71 31.05 to 33.99 0% 1.84 times
23 Tue Jul 2024 31.71 31.05 to 33.99 -2.67% 1.84 times
22 Mon Jul 2024 32.58 32.20 to 34.40 -1.39% 1.43 times

Technical analysis forecast for Manaksia Aluminium Company Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Manaksia Aluminium Company Limited MANAKALUCO at this time. Stock is falling and might fall more.

It appears as if Manaksia Aluminium Company Limited MANAKALUCO gave a large move recently.

Stock of Manaksia Aluminium Company Limited (MANAKALUCO) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Manaksia Aluminium Company Limited is bearish for shortterm, and stock might move down till 31.1 or till 29.9. Use a stoploss of 32.08 and if the stock hits stoploss, then it can shoot up till 33.09

More indepth analysis on MunafaSutra.com