(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 2024-05-30 View latest technical analysis
10 day averaged volume of Mahalaxmi Sm is 10600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 10.33 | 10.50 | 10.50 | 10.33 | 0.144 times |
| 29 Wed May 2024 | 10.87 | 10.87 | 12.01 | 10.87 | 0.667 times |
| 28 Tue May 2024 | 11.44 | 12.28 | 12.28 | 11.44 | 0.19 times |
| 27 Mon May 2024 | 12.04 | 12.06 | 12.06 | 12.02 | 0.458 times |
| 24 Fri May 2024 | 11.50 | 11.70 | 12.00 | 10.86 | 1.611 times |
| 23 Thu May 2024 | 11.43 | 10.35 | 11.43 | 10.35 | 0.972 times |
| 22 Wed May 2024 | 10.89 | 10.65 | 10.97 | 10.00 | 0.054 times |
| 21 Tue May 2024 | 10.45 | 10.73 | 10.73 | 10.42 | 1.079 times |
| 17 Fri May 2024 | 10.22 | 10.22 | 10.22 | 9.26 | 4.853 times |
| 16 Thu May 2024 | 9.74 | 9.74 | 9.74 | 9.74 | 0.112 times |
My analysis of stock is bearish for shortterm, and stock might move down till 9.9 or till 9. Use a stoploss of 10.69 and if the stock hits stoploss, then it can shoot up till 11.46
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 |
| Upside Target | 10.77 |
| Upside Target | 11.21 |
| Upside Target | 11.80 |
| Upside Target | 12.28 |
| 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 | 9.68 |
| Downside Intraday Target | 9.03 |
| Upside Intraday Target | 11.63 |
| Upside Intraday Target | 12.93 |
| Upside Intraday Target | 10.98 |
Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 10.33 | 12.06 | 12.28 | 10.33 | 0.393 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 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 Mahalaxmi Sm (MahalaxmiSm)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 10.33 | 10.25 | 12.28 | 9.26 | 2.217 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 down 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 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 Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Mahalaxmi Sm ( (MahalaxmiSm) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mahalaxmi Sm in short term but the buy signal is initial and weak.
Mahalaxmi Sm Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mahalaxmi Sm 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 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 10.71 and Mahalaxmi Sm (MahalaxmiSm) 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 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 negative.
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 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 Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Mahalaxmi Sm ( (MahalaxmiSm) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mahalaxmi Sm in short term but the buy signal is initial and weak.
Mahalaxmi Sm Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mahalaxmi Sm 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 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 10.71 and Mahalaxmi Sm (MahalaxmiSm) 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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