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(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 2024-09-16 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 2750

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	11.32	11.51	11.51	10.72	0.095 times
13 Fri Sep 2024	11.28	11.00	11.28	10.22	1.757 times
12 Thu Sep 2024	10.75	10.75	10.75	10.75	0.001 times
11 Wed Sep 2024	10.75	10.75	10.75	10.75	0.048 times
10 Tue Sep 2024	10.73	11.26	11.26	10.71	0.364 times
09 Mon Sep 2024	11.27	11.25	11.27	11.25	0.112 times
06 Fri Sep 2024	11.84	11.00	11.90	10.82	1.988 times
05 Thu Sep 2024	11.38	11.50	11.50	11.37	0.687 times
04 Wed Sep 2024	11.96	12.49	12.49	11.96	0.334 times
03 Tue Sep 2024	12.58	12.90	12.90	11.68	2.773 times

My analysis of stock is bullish for shortterm, and stock might move up till 11.8 or till 12.6. Use a stoploss of 11.17 and if this stock hits its stoploss, then it can fall down till 10.52

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Target	9.26
Downside Target	9.78
Downside Target	10.72
Downside Target	11.28
Upside Target	11.51
Upside Target	11.80
Upside Target	12.23
Upside Target	12.28
Upside Target	12.89
Upside Target	12.90
Upside Target	13.20

Intraday share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Intraday Target	10.86
Downside Intraday Target	10.39
Upside Intraday Target	11.65
Upside Intraday Target	11.97
Downside Intraday Target	11.18

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	11.32	11.51	11.51	10.72	0.041 times
13 Fri Sep 2024	11.28	11.25	11.28	10.22	0.296 times
06 Fri Sep 2024	11.84	11.19	12.90	10.82	0.705 times
30 Fri Aug 2024	11.77	10.56	11.80	10.04	1.78 times
23 Fri Aug 2024	11.11	10.03	11.52	9.94	3.831 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
16 Mon Sep 2024	11.32	11.19	12.90	10.22	0.482 times
30 Fri Aug 2024	11.77	12.90	13.20	9.93	1.097 times
31 Wed Jul 2024	12.60	10.85	12.89	9.78	0.529 times
28 Fri Jun 2024	10.64	10.00	12.23	9.80	0.656 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 Mahalaxmi Sm (MahalaxmiSm)

Price action analysis of Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Mahalaxmi Sm ( (MahalaxmiSm) ) 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 Mahalaxmi Sm ( (MahalaxmiSm) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mahalaxmi Sm ( (MahalaxmiSm) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Mahalaxmi Sm stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mahalaxmi Sm 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.

Mahalaxmi Sm 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 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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 11.87 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 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.