Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ALUMINI) Aluminium Mini complete technical analysis [charts+indicators] | Buy/Sell Aluminium Mini | (ALUMINI) share price targets

Complete technical analysis of Aluminium Mini (ALUMINI) by charts plus indicators, forecast predictions and share price targets for Aluminium Mini (ALUMINI)

Aluminium Mini trades in COMMODITY in BASE METALS sector.

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Aluminium Mini is 2646

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	232.40	233.00	234.90	229.65	1.155 times
15 Mon Apr 2024	232.95	235.50	238.10	230.60	2.091 times
12 Fri Apr 2024	226.85	225.35	229.50	224.65	1.341 times
11 Thu Apr 2024	224.20	224.35	225.10	223.35	0.337 times
10 Wed Apr 2024	224.60	223.95	226.35	222.40	0.867 times
09 Tue Apr 2024	223.40	223.75	225.70	221.30	0.97 times
08 Mon Apr 2024	224.10	223.50	225.40	222.70	0.783 times
05 Fri Apr 2024	224.05	221.95	224.90	221.05	0.666 times
04 Thu Apr 2024	222.80	219.20	223.90	218.55	1.438 times
03 Wed Apr 2024	218.80	213.10	219.15	212.55	0.854 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 226.1, but if it comes below 226.1, then a intra day sell could be more profitable.
If you take a sell trade below 226.1, then use 226.1 as stoploss and 216.48 as target. However if you take a buy trade in stock , then use 226.1 as stoploss and 237.6 as target.

Share price targets for Aluminium Mini (ALUMINI)

Target Type	Value
Downside Target	0.00
Downside Target	212.20
Downside Target	213.20
Downside Target	221.30
Downside Target	224.90
Downside Target	229.50
Downside Target	229.65
Upside Target	238.10

Intraday share price targets for Aluminium Mini (ALUMINI)

Target Type	Value
Downside Intraday Target	228.67
Downside Intraday Target	224.93
Upside Intraday Target	237.12
Upside Intraday Target	241.83
Upside Intraday Target	233.38

Weekly technical analysis of Aluminium Mini (ALUMINI)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	232.40	235.50	238.10	229.65	0.755 times
12 Fri Apr 2024	226.85	223.50	229.50	221.30	1.127 times
05 Fri Apr 2024	224.05	209.00	224.90	208.85	94.299 times
28 Thu Mar 2024	209.15	207.50	212.20	207.05	0.027 times
22 Fri Mar 2024	206.25	204.85	207.30	203.20	0.921 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 Aluminium Mini (ALUMINI)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	232.40	209.00	238.10	208.85	1.972 times
28 Thu Mar 2024	209.15	200.10	212.20	199.65	0.747 times
29 Thu Feb 2024	200.25	204.30	204.40	0.00	0.829 times
31 Wed Jan 2024	204.75	211.55	213.20	0.00	1.288 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Aluminium Mini (ALUMINI)

Price action analysis of Aluminium Mini ( (ALUMINI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Aluminium Mini ( (ALUMINI) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Aluminium Mini ( (ALUMINI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Aluminium Mini stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Aluminium Mini in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Aluminium Mini Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Aluminium Mini in short term but SELL 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 Aluminium Mini is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 226.49 and Aluminium Mini (ALUMINI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Aluminium Mini (ALUMINI) stock. Volume based technical analysis of Aluminium Mini (ALUMINI) stock is negative.

Aluminium Mini Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.