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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 2024-08-29 View latest technical analysis

10 day averaged volume of Aluminium Aluminum is 1705

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	228.30	230.15	230.15	227.50	0.005 times
28 Wed Aug 2024	232.05	233.40	233.40	231.40	0.002 times
27 Tue Aug 2024	231.55	229.00	233.00	228.20	0.033 times
26 Mon Aug 2024	229.50	230.85	233.50	228.85	0.298 times
23 Fri Aug 2024	229.80	226.65	230.30	224.75	1.58 times
22 Thu Aug 2024	224.70	226.95	229.60	224.15	1.652 times
21 Wed Aug 2024	226.25	226.85	227.60	224.60	1.228 times
20 Tue Aug 2024	226.55	224.25	227.75	223.45	1.503 times
19 Mon Aug 2024	223.95	220.00	224.85	219.80	1.374 times
16 Fri Aug 2024	219.05	219.25	220.45	216.95	1.283 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 227.8, but if it comes below 227.8, then a intra day sell could be more profitable.
If you take a sell trade below 227.8, then use 227.8 as stoploss and 220.28 as target. However if you take a buy trade in stock , then use 227.8 as stoploss and 236.8 as target.

Share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Target	0.00
Downside Target	213.35
Downside Target	226.30
Downside Target	228.30
Upside Target	230.30
Upside Target	233.50
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	226.03
Downside Intraday Target	223.77
Upside Intraday Target	232.03
Upside Intraday Target	235.77
Upside Intraday Target	229.77

Weekly technical analysis of Aluminium Aluminum (ALUMINIUM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	228.30	230.85	233.50	227.50	0.046 times
23 Fri Aug 2024	229.80	220.00	230.30	219.80	1.729 times
16 Fri Aug 2024	219.05	214.10	220.45	213.35	0.683 times
09 Fri Aug 2024	214.20	211.85	216.50	208.55	2.597 times
02 Fri Aug 2024	210.55	209.75	215.75	0.00	0.734 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 Thu Aug 2024	228.30	214.90	233.50	208.55	1.357 times
31 Wed Jul 2024	211.05	230.45	235.75	0.00	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

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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Aluminium Aluminum in short term and the buy signal is strong.

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 green color and prices are above the green 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 but buying is losing 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 225.39 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 positive

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