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

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

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

Aluminium Aluminum trades in COMMODITY in BASE METALS sector.

Showing technical analysis as on 2024-05-22 View latest technical analysis

10 day averaged volume of Aluminium Aluminum is 2177

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	241.50	247.60	250.35	240.20	1.407 times
21 Tue May 2024	247.65	242.00	252.10	240.55	1.375 times
20 Mon May 2024	242.45	240.60	242.80	238.50	0.397 times
17 Fri May 2024	239.75	238.50	239.90	237.75	0.722 times
16 Thu May 2024	238.05	239.00	240.85	236.25	1.013 times
15 Wed May 2024	237.65	234.75	239.85	234.50	1.621 times
14 Tue May 2024	233.95	232.85	234.25	231.55	1.301 times
13 Mon May 2024	232.70	230.85	233.65	230.80	0.861 times
10 Fri May 2024	230.85	235.00	236.40	230.65	1.353 times
09 Thu May 2024	234.25	233.35	234.45	231.40	0.59 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 242.6 as stoploss in an intra day sell trade for a target of 237.65. However, stock will show a bullish move above 242.6.

Share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Target	0.00
Downside Target	204.25
Downside Target	208.55
Downside Target	213.45
Downside Target	228.30
Downside Target	237.30
Downside Target	238.50
Downside Target	240.85
Upside Target	242.00
Upside Target	252.10
Upside Target	255.50

Intraday share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Intraday Target	235.97
Downside Intraday Target	230.43
Upside Intraday Target	249.57
Upside Intraday Target	257.63
Upside Intraday Target	244.03

Weekly technical analysis of Aluminium Aluminum (ALUMINIUM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	241.50	240.60	252.10	238.50	0.576 times
17 Fri May 2024	239.75	230.85	240.85	230.80	1.49 times
10 Fri May 2024	230.85	236.95	237.30	228.30	1.466 times
03 Fri May 2024	233.30	239.50	242.00	230.25	1.321 times
26 Fri Apr 2024	242.05	242.00	255.50	237.40	0.337 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 Aluminum (ALUMINIUM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed May 2024	241.50	236.50	252.10	228.30	1.029 times
30 Tue Apr 2024	241.55	208.65	255.50	208.55	1.645 times
28 Thu Mar 2024	209.15	200.10	215.00	199.35	0.777 times
29 Thu Feb 2024	200.25	204.15	204.25	0.00	0.844 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 Aluminum (ALUMINIUM)

Price action analysis of Aluminium Aluminum ( (ALUMINIUM) ) 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 Aluminum ( (ALUMINIUM) ) 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 Aluminum ( (ALUMINIUM) ) 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 Aluminum stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Aluminium Aluminum 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Aluminium Aluminum in short term but SELL signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Aluminium Aluminum is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 237.91 and Aluminium Aluminum (ALUMINIUM) 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 Aluminum (ALUMINIUM) stock. Volume based technical analysis of Aluminium Aluminum (ALUMINIUM) stock is negative.

Aluminium Aluminum 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.