(MahalaxmiSm) Mahalaxmi Sm complete technical analysis [charts+indicators] | Buy/Sell Mahalaxmi Sm | (MahalaxmiSm) share price targets
Complete technical analysis of Mahalaxmi Sm (MahalaxmiSm) by charts plus indicators, forecast predictions and share price targets for Mahalaxmi Sm (MahalaxmiSm)
Showing technical analysis as on 2024-05-27 View latest technical analysis
10 day averaged volume of Mahalaxmi Sm is 13546
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 12.04 | 12.06 | 12.06 | 12.02 | 0.359 times |
| 24 Fri May 2024 | 11.50 | 11.70 | 12.00 | 10.86 | 1.261 times |
| 23 Thu May 2024 | 11.43 | 10.35 | 11.43 | 10.35 | 0.761 times |
| 22 Wed May 2024 | 10.89 | 10.65 | 10.97 | 10.00 | 0.042 times |
| 21 Tue May 2024 | 10.45 | 10.73 | 10.73 | 10.42 | 0.844 times |
| 17 Fri May 2024 | 10.22 | 10.22 | 10.22 | 9.26 | 3.798 times |
| 16 Thu May 2024 | 9.74 | 9.74 | 9.74 | 9.74 | 0.088 times |
| 15 Wed May 2024 | 9.28 | 9.28 | 9.28 | 9.28 | 0.002 times |
| 13 Mon May 2024 | 9.28 | 10.23 | 10.23 | 9.28 | 1.499 times |
| 10 Fri May 2024 | 9.75 | 10.25 | 10.50 | 9.75 | 1.669 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.9, but if it comes below 11.9, then a intra day sell could be more profitable.
If you take a sell trade below 11.9, then use 11.9 as stoploss and 10.93 as target. However if you take a buy trade in stock , then use 11.9 as stoploss and 13.1 as target.
Share price targets for Mahalaxmi Sm (MahalaxmiSm)
| Target Type | Value |
| Downside Target | 8.31 |
| Downside Target | 9.26 |
| Downside Target | 9.50 |
| Downside Target | 9.75 |
| Downside Target | 10.00 |
| Downside Target | 10.23 |
| Downside Target | 10.50 |
| Downside Target | 10.77 |
| Downside Target | 11.21 |
| Downside Target | 11.80 |
| Upside Target | 12.06 |
| Upside Target | 12.70 |
| Upside Target | 13.99 |
| Upside Target | 14.75 |
Intraday share price targets for Mahalaxmi Sm (MahalaxmiSm)
| Target Type | Value |
| Downside Intraday Target | 12.02 |
| Downside Intraday Target | 12 |
| Upside Intraday Target | 12.06 |
| Upside Intraday Target | 12.08 |
| Downside Intraday Target | 12.04 |
Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 12.04 | 12.06 | 12.06 | 12.02 | 0.123 times |
| 24 Fri May 2024 | 11.50 | 10.73 | 12.00 | 10.00 | 0.54 times |
| 17 Fri May 2024 | 10.22 | 10.23 | 10.23 | 9.26 | 3.158 times |
| 10 Fri May 2024 | 9.75 | 10.25 | 10.50 | 9.75 | 101.342 times |
| 03 Fri May 2024 | 10.25 | 11.43 | 11.43 | 10.25 | 0.14 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 Mahalaxmi Sm (MahalaxmiSm)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 12.04 | 10.25 | 12.06 | 9.26 | 2.062 times |
| 30 Tue Apr 2024 | 10.77 | 11.02 | 14.75 | 10.77 | 3.113 times |
| 28 Thu Mar 2024 | 10.50 | 11.21 | 11.21 | 8.31 | 1.033 times |
| 21 Wed Feb 2024 | 11.80 | 13.33 | 13.99 | 11.80 | 0.331 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Mahalaxmi Sm (MahalaxmiSm)
Price action analysis of Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Mahalaxmi Sm ( (MahalaxmiSm) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Mahalaxmi Sm stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mahalaxmi Sm in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mahalaxmi Sm Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up
CCI has generated a buy signal for Mahalaxmi Sm in short term and BUY 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 Mahalaxmi Sm is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.33 and Mahalaxmi Sm (MahalaxmiSm) 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 Mahalaxmi Sm (MahalaxmiSm) stock. Volume based technical analysis of Mahalaxmi Sm (MahalaxmiSm) stock is negative.
Mahalaxmi Sm 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.
Price action analysis of Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Mahalaxmi Sm ( (MahalaxmiSm) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Mahalaxmi Sm stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mahalaxmi Sm in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mahalaxmi Sm Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up
CCI has generated a buy signal for Mahalaxmi Sm in short term and BUY 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 Mahalaxmi Sm is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.33 and Mahalaxmi Sm (MahalaxmiSm) 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 Mahalaxmi Sm (MahalaxmiSm) stock. Volume based technical analysis of Mahalaxmi Sm (MahalaxmiSm) stock is negative.
Mahalaxmi Sm 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.
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