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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 2024-09-06 View latest technical analysis

10 day averaged volume of Aluminium Aluminum is 1062

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	217.60	219.65	221.35	217.40	2.598 times
05 Thu Sep 2024	220.10	219.75	221.95	217.90	2.188 times
04 Wed Sep 2024	220.45	222.65	222.70	218.70	1.773 times
03 Tue Sep 2024	222.65	222.65	222.75	220.65	1.684 times
02 Mon Sep 2024	222.75	224.00	224.05	222.20	1.273 times
30 Fri Aug 2024	229.70	234.55	234.55	234.55	0.001 times
29 Thu Aug 2024	228.30	230.15	230.15	227.50	0.008 times
28 Wed Aug 2024	232.05	233.40	233.40	231.40	0.004 times
27 Tue Aug 2024	231.55	229.00	233.00	228.20	0.053 times
26 Mon Aug 2024	229.50	230.85	233.50	228.85	0.478 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 bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 217.7, but if it comes above 217.7, then a intra day buy could be more profitable.
If you take a sell trade below 217.7, then use 217.7 as stoploss and 211 as target. However if you take a buy trade in stock , then use 217.7 as stoploss and 223.34 as target.

Share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Target	0.00
Downside Target	213.35
Upside Target	226.30
Upside Target	227.50
Upside Target	228.30
Upside Target	230.30
Upside Target	234.55
Upside Target	235.75
Upside Target	243.15
Upside Target	252.10

Intraday share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Intraday Target	215.32
Downside Intraday Target	213.03
Upside Intraday Target	221.97
Upside Intraday Target	226.33
Upside Intraday Target	219.68

Weekly technical analysis of Aluminium Aluminum (ALUMINIUM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	217.60	224.00	224.05	217.40	17.515 times
30 Fri Aug 2024	229.70	230.85	234.55	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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Aluminium Aluminum (ALUMINIUM)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	217.60	224.00	224.05	217.40	0.289 times
30 Fri Aug 2024	229.70	214.90	234.55	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

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 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 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 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 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 220.8 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 positive

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