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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 2024-07-29 View latest technical analysis

10 day averaged volume of Aluminium Aluminum is 1199

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	209.55	209.75	209.85	208.70	0.006 times
26 Fri Jul 2024	210.35	209.95	210.90	209.40	0.032 times
25 Thu Jul 2024	206.60	210.15	211.90	205.40	0.586 times
24 Wed Jul 2024	213.10	214.95	215.00	211.85	1.39 times
23 Tue Jul 2024	213.95	216.05	216.95	213.25	1.098 times
22 Mon Jul 2024	215.75	221.35	221.35	214.95	1.53 times
19 Fri Jul 2024	220.70	221.65	223.20	220.50	1.5 times
18 Thu Jul 2024	221.85	221.65	224.50	221.50	1.252 times
17 Wed Jul 2024	222.50	223.40	224.50	222.10	0.523 times
16 Tue Jul 2024	223.50	226.90	227.40	222.80	1.237 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 214.6, but if it comes above 214.6, then a intra day buy could be more profitable.
If you take a sell trade below 214.6, then use 214.6 as stoploss and 204.2 as target. However if you take a buy trade in stock , then use 214.6 as stoploss and 223.26 as target.

Share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Target	199.35
Downside Target	205.40
Upside Target	215.00
Upside Target	220.50
Upside Target	226.30
Upside Target	230.05
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	208.88
Downside Intraday Target	208.22
Upside Intraday Target	210.03
Upside Intraday Target	210.52
Downside Intraday Target	209.37

Weekly technical analysis of Aluminium Aluminum (ALUMINIUM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	209.55	209.75	209.85	208.70	0.001 times
26 Fri Jul 2024	210.35	221.35	221.35	205.40	0.865 times
19 Fri Jul 2024	220.70	228.95	228.95	220.50	0.853 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

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
29 Mon Jul 2024	209.55	230.45	235.75	205.40	0.938 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 weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling is losing 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 217.6 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.