(MahaanFoods) Mahaan Foods Renko charts technical analysis
(MahaanFoods) Mahaan Foods Renko charts technical analysis Renko analysis of Mahaan Foods | Buy/Sell Mahaan Foods
10 day averaged volume of Mahaan Foods is 375
| Date | Closing Price | Open | High | Low | Volume |
| 26 Thu May 2022 | 19.00 | 19.00 | 20.00 | 18.80 | 0 Mn |
| 25 Wed May 2022 | 19.50 | 19.25 | 19.50 | 19.25 | 0 Mn |
| 24 Tue May 2022 | 19.50 | 20.00 | 20.00 | 19.50 | 0 Mn |
| 23 Mon May 2022 | 19.75 | 19.80 | 20.50 | 19.50 | 0.001 Mn |
| 20 Fri May 2022 | 19.75 | 19.75 | 19.75 | 19.75 | 0 Mn |
| 19 Thu May 2022 | 20.75 | 20.75 | 20.75 | 20.75 | 0 Mn |
| 18 Wed May 2022 | 21.00 | 21.00 | 21.40 | 19.80 | 0 Mn |
| 17 Tue May 2022 | 20.50 | 20.50 | 20.50 | 20.50 | 0 Mn |
| 16 Mon May 2022 | 20.00 | 20.70 | 20.70 | 20.00 | 0.001 Mn |
| 13 Fri May 2022 | 20.40 | 20.25 | 20.40 | 20.25 | 0 Mn |
Indicators analysis of Mahaan Foods (MahaanFoods)
Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short term time period is
Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mahaan Foods ( (MahaanFoods) ) 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 Mahaan Foods ( (MahaanFoods) ) 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 Mahaan Foods stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mahaan Foods in short term and the sell signal is strong.
Mahaan Foods 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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mahaan Foods 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 Mahaan Foods is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.94 and Mahaan Foods (MahaanFoods) 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 Mahaan Foods (MahaanFoods) stock. Volume based technical analysis of Mahaan Foods (MahaanFoods) stock is negative.
Mahaan Foods 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.
Renko charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 23, 0 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 13 | Sell |
| CCI | -116 | Sell |
| RSI | 44 | Sell |
| OBV | -1639 | Sell |
| VWAP | 20 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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