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 2024-06-10 View latest technical analysis

10 day averaged volume of Aluminium Aluminum is 1042

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	235.80	233.25	236.40	233.05	2.13 times
07 Fri Jun 2024	235.60	241.60	242.15	234.70	2.274 times
06 Thu Jun 2024	241.65	240.00	242.75	239.80	1.514 times
05 Wed Jun 2024	239.10	239.80	240.35	237.55	1.981 times
04 Tue Jun 2024	241.10	241.70	243.15	238.85	1.846 times
03 Mon Jun 2024	240.80	238.65	242.50	237.85	1.959 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	0.008 times
28 Tue May 2024	245.65	243.60	247.00	242.65	0.031 times

Stock of Aluminium Aluminum (ALUMINIUM) has showed a significant upmove. This could be a good time to enter in 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 236.2, but if it comes above 236.2, then a intra day buy could be more profitable.
If you take a sell trade below 236.2, then use 236.2 as stoploss and 230.7 as target. However if you take a buy trade in stock , then use 236.2 as stoploss and 240.84 as target.

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
Upside 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	233.77
Downside Intraday Target	231.73
Upside Intraday Target	237.12
Upside Intraday Target	238.43
Downside Intraday Target	235.08

Weekly technical analysis of Aluminium Aluminum (ALUMINIUM)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	235.80	233.25	236.40	233.05	0.222 times
07 Fri Jun 2024	235.60	238.65	243.15	234.70	22.624 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

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
10 Mon Jun 2024	235.80	238.65	243.15	233.05	0.353 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 SELL. 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 getting stronger in this stock.

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 SELL signal for Aluminium Aluminum in short term and SELL signal is strong!

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 238.78 and Aluminium Aluminum (ALUMINIUM) 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 Aluminum (ALUMINIUM) stock. Volume based technical analysis of Aluminium Aluminum (ALUMINIUM) stock is negative.

Aluminium Aluminum 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.