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(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 2024-06-07 View latest technical analysis

10 day averaged volume of Aluminium Mini is 1330

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	236.40	242.60	243.45	235.70	2.45 times
06 Thu Jun 2024	242.60	240.85	243.60	240.45	2.043 times
05 Wed Jun 2024	239.70	241.15	241.15	238.20	1.959 times
04 Tue Jun 2024	241.65	242.75	243.65	239.70	2.012 times
03 Mon Jun 2024	241.85	239.60	243.25	238.90	2.07 times
31 Fri May 2024	247.00	245.30	245.30	242.20	0.005 times
30 Thu May 2024	247.35	249.00	249.00	243.00	0.011 times
29 Wed May 2024	249.40	250.00	250.00	247.60	0.004 times
28 Tue May 2024	245.45	244.65	246.80	244.65	0.007 times
27 Mon May 2024	242.80	243.00	244.35	240.60	0.189 times

Stock of Aluminium Mini (ALUMINI) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 236.6, but if it comes above 236.6, then a intra day buy could be more profitable.
If you take a sell trade below 236.6, then use 236.6 as stoploss and 230.9 as target. However if you take a buy trade in stock , then use 236.6 as stoploss and 241.28 as target.

Share price targets for Aluminium Mini (ALUMINI)

Target Type	Value
Downside Target	0.00
Downside Target	204.40
Downside Target	208.85
Downside Target	230.00
Upside Target	240.60
Upside Target	241.25
Upside Target	243.65
Upside Target	250.00
Upside Target	251.80
Upside Target	252.30

Intraday share price targets for Aluminium Mini (ALUMINI)

Target Type	Value
Downside Intraday Target	233.52
Downside Intraday Target	230.63
Upside Intraday Target	241.47
Upside Intraday Target	246.53
Upside Intraday Target	238.58

Weekly technical analysis of Aluminium Mini (ALUMINI)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	236.40	239.60	243.65	235.70	48.815 times
31 Fri May 2024	247.00	243.00	250.00	240.60	0.023 times
23 Thu May 2024	240.15	240.65	252.30	237.30	0.933 times
17 Fri May 2024	240.65	231.95	241.25	231.60	1.365 times
10 Fri May 2024	231.80	236.95	237.40	230.00	1.25 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Aluminium Mini (ALUMINI)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	236.40	239.60	243.65	235.70	0.321 times
31 Fri May 2024	247.00	235.60	252.30	230.00	1.037 times
30 Tue Apr 2024	241.55	209.00	251.80	208.85	2.765 times
28 Thu Mar 2024	209.15	200.10	212.20	199.65	0.747 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 Aluminium Mini (ALUMINI)

Price action analysis of Aluminium Mini ( (ALUMINI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Aluminium Mini ( (ALUMINI) ) 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 Aluminium Mini ( (ALUMINI) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Aluminium Mini in short term but the sell signal is initial and weak.

Aluminium Mini 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Aluminium Mini in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Aluminium Mini is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 240.35 and Aluminium Mini (ALUMINI) 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 Aluminium Mini (ALUMINI) stock. Volume based technical analysis of Aluminium Mini (ALUMINI) stock is negative.

Aluminium Mini 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.