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 2024-07-08 View latest technical analysis

10 day averaged volume of Aluminium Aluminum is 697

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	232.65	234.10	234.45	232.25	3.098 times
05 Fri Jul 2024	234.05	232.95	235.75	232.60	2.057 times
04 Thu Jul 2024	232.90	234.10	234.10	232.40	1.166 times
03 Wed Jul 2024	233.40	231.10	234.10	230.60	2.288 times
02 Tue Jul 2024	230.30	230.60	231.70	230.10	1.538 times
01 Mon Jul 2024	230.45	230.45	232.80	230.05	1.924 times
28 Fri Jun 2024	231.45	228.95	228.95	226.30	0.014 times
27 Thu Jun 2024	227.85	227.85	227.85	227.85	0.001 times
26 Wed Jun 2024	228.20	227.70	229.15	227.60	0.039 times
25 Tue Jun 2024	228.15	229.30	229.30	227.75	0.049 times

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

My analysis of stock is bullish for shortterm, and stock might move up till 234 or till 236.8. Use a stoploss of 231.63 and if this stock hits its stoploss, then it can fall down till 229.27

Share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Target	199.35
Downside Target	208.55
Downside Target	215.00
Downside Target	226.30
Upside Target	232.95
Upside Target	234.45
Upside Target	235.75
Upside Target	236.90
Upside Target	243.15
Upside Target	252.10
Upside Target	255.50

Intraday share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Intraday Target	231.78
Downside Intraday Target	230.92
Upside Intraday Target	233.98
Upside Intraday Target	235.32
Upside Intraday Target	233.12

Weekly technical analysis of Aluminium Aluminum (ALUMINIUM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	232.65	234.10	234.45	232.25	0.345 times
05 Fri Jul 2024	234.05	230.45	235.75	230.05	8.7 times
28 Fri Jun 2024	231.45	232.30	232.95	226.30	0.132 times
20 Thu Jun 2024	232.45	230.80	232.90	228.70	0.48 times
14 Fri Jun 2024	232.50	233.25	236.90	231.55	1.137 times

Price has moved down 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
08 Mon Jul 2024	232.65	230.45	235.75	230.05	0.306 times
28 Fri Jun 2024	231.45	238.65	243.15	226.30	0.796 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

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Aluminium Aluminum ( (ALUMINIUM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Aluminium Aluminum stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Aluminium Aluminum 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 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 red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 232.37 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 negative.

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