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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 2024-07-17 View latest technical analysis

10 day averaged volume of Aluminium Aluminum is 1388

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	222.50	223.40	224.50	222.10	0.452 times
16 Tue Jul 2024	223.50	226.90	227.40	222.80	1.068 times
15 Mon Jul 2024	227.20	228.95	228.95	227.00	0.733 times
12 Fri Jul 2024	229.05	228.00	229.70	227.50	0.833 times
11 Thu Jul 2024	228.45	230.60	230.80	228.25	1.081 times
10 Wed Jul 2024	228.95	229.80	230.00	228.20	0.959 times
09 Tue Jul 2024	230.35	232.75	233.75	229.65	0.998 times
08 Mon Jul 2024	232.65	234.10	234.45	232.25	1.555 times
05 Fri Jul 2024	234.05	232.95	235.75	232.60	1.033 times
04 Thu Jul 2024	232.90	234.10	234.10	232.40	0.586 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 223, for a target of 226.6 or 229.53

Share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Target	199.35
Downside Target	208.55
Downside Target	215.00
Downside Target	222.10
Upside Target	232.90
Upside Target	232.95
Upside Target	234.45
Upside Target	235.75
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	220.08
Downside Intraday Target	217.67
Upside Intraday Target	226.93
Upside Intraday Target	231.37
Upside Intraday Target	224.52

Weekly technical analysis of Aluminium Aluminum (ALUMINIUM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	222.50	228.95	228.95	222.10	0.415 times
12 Fri Jul 2024	229.05	234.10	234.45	227.50	1.204 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

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
17 Wed Jul 2024	222.50	230.45	235.75	222.10	0.615 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 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 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 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 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 Aluminum stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Aluminium Aluminum in short term and SELL signal is strong!

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

Although the stock is in the BUY zone, but buying 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 229.41 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.