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(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 2024-06-06 View latest technical analysis

10 day averaged volume of Aluminium Aluminum is 1114

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	241.65	240.00	242.75	239.80	1.417 times
05 Wed Jun 2024	239.10	239.80	240.35	237.55	1.853 times
04 Tue Jun 2024	241.10	241.70	243.15	238.85	1.727 times
03 Mon Jun 2024	240.80	238.65	242.50	237.85	1.832 times
31 Fri May 2024	247.00	246.20	246.60	246.20	0.002 times
30 Thu May 2024	247.75	249.80	249.80	243.70	0.003 times
29 Wed May 2024	249.30	247.55	250.90	247.55	0.007 times
28 Tue May 2024	245.65	243.60	247.00	242.65	0.029 times
27 Mon May 2024	239.55	243.20	244.25	239.00	0.355 times
23 Thu May 2024	239.85	241.10	241.40	236.85	1.446 times

My analysis of stock is bullish for shortterm, and stock might move up till 245.6 or till 251.6. Use a stoploss of 240.53 and if this stock hits its stoploss, then it can fall down till 235.48

Share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Target	0.00
Downside Target	204.25
Downside Target	208.55
Downside Target	215.00
Downside Target	228.30
Downside Target	236.85
Downside Target	240.85
Upside Target	243.15
Upside Target	250.90
Upside Target	252.10
Upside Target	255.50

Intraday share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Intraday Target	238.42
Downside Intraday Target	235.18
Upside Intraday Target	244.02
Upside Intraday Target	246.38
Downside Intraday Target	240.78

Weekly technical analysis of Aluminium Aluminum (ALUMINIUM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	241.65	238.65	243.15	237.55	17.249 times
31 Fri May 2024	247.00	243.20	250.90	239.00	0.052 times
23 Thu May 2024	239.85	240.60	252.10	236.85	0.71 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

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 Aluminum (ALUMINIUM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	241.65	238.65	243.15	237.55	0.22 times
31 Fri May 2024	247.00	236.50	252.10	228.30	1.094 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Aluminium Aluminum ( (ALUMINIUM) ) 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 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 Weak and stock is gaining momentum.

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

Aluminium Aluminum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

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 Aluminum is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 240.45 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 falling down

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 negative.

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