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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 2024-08-16 View latest technical analysis

10 day averaged volume of Aluminium Mini is 2444

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	219.35	218.85	220.75	217.70	0.955 times
14 Wed Aug 2024	217.25	216.65	219.40	216.40	0.896 times
13 Tue Aug 2024	216.80	215.30	217.50	214.40	0.794 times
12 Mon Aug 2024	216.30	215.40	217.35	215.00	0.708 times
09 Fri Aug 2024	215.20	214.80	217.20	214.60	1.087 times
08 Thu Aug 2024	213.95	212.55	214.20	211.80	0.999 times
07 Wed Aug 2024	212.95	214.45	214.50	211.25	0.97 times
06 Tue Aug 2024	214.75	210.80	215.00	209.90	1.107 times
05 Mon Aug 2024	211.60	212.65	213.20	209.35	1.267 times
02 Fri Aug 2024	211.85	214.45	214.60	211.35	0.995 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 217.4, but if it comes below 217.4, then a intra day sell could be more profitable.
If you take a sell trade below 217.4, then use 217.4 as stoploss and 213.96 as target. However if you take a buy trade in stock , then use 217.4 as stoploss and 221.4 as target.

Share price targets for Aluminium Mini (ALUMINI)

Target Type	Value
Downside Target	0.00
Downside Target	214.40
Upside Target	220.75
Upside Target	222.30
Upside Target	223.25
Upside Target	230.00
Upside Target	230.75
Upside Target	236.90
Upside Target	243.65
Upside Target	251.80
Upside Target	252.30

Intraday share price targets for Aluminium Mini (ALUMINI)

Target Type	Value
Downside Intraday Target	215.58
Downside Intraday Target	211.82
Upside Intraday Target	221.93
Upside Intraday Target	224.52
Downside Intraday Target	218.17

Weekly technical analysis of Aluminium Mini (ALUMINI)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	219.35	215.40	220.75	214.40	0.618 times
09 Fri Aug 2024	215.20	212.65	217.20	209.35	2.497 times
02 Fri Aug 2024	211.85	209.75	217.00	0.00	0.765 times
26 Fri Jul 2024	210.85	222.65	223.25	208.15	1.102 times
19 Fri Jul 2024	222.65	230.00	230.75	222.30	1.017 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 Fri Aug 2024	219.35	215.75	220.75	209.35	1.005 times
31 Wed Jul 2024	211.05	231.65	236.90	0.00	0.787 times
28 Fri Jun 2024	231.45	239.60	243.65	0.00	0.775 times
31 Fri May 2024	247.00	235.60	252.30	230.00	1.037 times

Scroll below to view daily charts

Price has moved up 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 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 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 Aluminium Mini stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

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 moving up

CCI has generated a buy signal for Aluminium Mini in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 214.79 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 negative.

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