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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 2024-11-15 View latest technical analysis

10 day averaged volume of Aluminium Aluminum is 2456

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Nov 2024	242.65	238.55	249.20	238.55	1.645 times
14 Thu Nov 2024	235.10	233.35	237.45	232.60	1.083 times
13 Wed Nov 2024	236.05	237.05	237.75	234.85	0.736 times
12 Tue Nov 2024	237.15	237.10	238.70	235.80	0.849 times
11 Mon Nov 2024	238.45	241.15	241.95	238.10	1.023 times
08 Fri Nov 2024	241.60	246.35	247.55	240.70	1.583 times
07 Thu Nov 2024	246.90	242.20	248.70	241.80	1.935 times
06 Wed Nov 2024	240.25	241.75	243.20	237.85	1.409 times
05 Tue Nov 2024	243.40	241.25	243.95	241.15	0.592 times
04 Mon Nov 2024	240.90	239.40	241.45	238.20	0.789 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 242.6, but if it comes below 242.6, then a intra day sell could be more profitable.
If you take a sell trade below 242.6, then use 242.6 as stoploss and 239.98 as target. However if you take a buy trade in stock , then use 242.6 as stoploss and 245.8 as target.

Share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Target	0.00
Downside Target	217.15
Downside Target	230.20
Downside Target	238.15
Downside Target	241.75
Upside Target	242.90
Upside Target	244.40
Upside Target	244.65
Upside Target	248.70
Upside Target	249.20

Intraday share price targets for Aluminium Aluminum (ALUMINIUM)

Target Type	Value
Downside Intraday Target	233.77
Downside Intraday Target	224.88
Upside Intraday Target	250.37
Upside Intraday Target	258.08
Downside Intraday Target	241.48

Weekly technical analysis of Aluminium Aluminum (ALUMINIUM)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Nov 2024	242.65	241.15	249.20	232.60	0.846 times
08 Fri Nov 2024	241.60	239.40	248.70	237.85	430.417 times
31 Thu Oct 2024	241.55	240.90	242.90	238.00	0.004 times
25 Fri Oct 2024	240.70	241.85	244.40	232.80	0.712 times
18 Fri Oct 2024	239.00	240.10	241.75	232.75	0.996 times

Price has moved up 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
15 Fri Nov 2024	242.65	239.40	249.20	232.60	0.793 times
31 Thu Oct 2024	241.55	243.55	244.65	230.20	1.073 times
30 Mon Sep 2024	237.90	224.00	238.15	217.15	0.96 times
30 Fri Aug 2024	229.70	214.90	234.55	208.55	1.357 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Aluminium Aluminum ( (ALUMINIUM) ) based on a mid to longer 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.

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

MACD generated a SELL signal for Aluminium Aluminum in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Aluminium Aluminum in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 240.95 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.