Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-28 View latest technical analysis

10 day averaged volume of Mahalaxmi Sm is 2283

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	10.64	10.95	11.20	10.64	0.575 times
25 Fri Oct 2024	11.20	11.20	11.20	11.20	0.059 times
24 Thu Oct 2024	10.84	10.56	10.84	9.84	1.992 times
23 Wed Oct 2024	10.35	9.50	10.36	9.50	1.912 times
22 Tue Oct 2024	9.87	9.86	9.87	9.86	0.174 times
21 Mon Oct 2024	9.86	10.81	10.83	9.83	2.655 times
18 Fri Oct 2024	10.34	10.34	10.34	10.34	0.119 times
17 Thu Oct 2024	9.89	10.85	10.85	9.83	1.856 times
15 Tue Oct 2024	10.34	10.34	10.34	10.34	0.285 times
14 Mon Oct 2024	9.85	9.85	9.85	9.37	0.166 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 10.7 as stoploss in an intra day sell trade for a target of 10.3. However, stock will show a bullish move above 10.7.

Share price targets for Mahalaxmi Sm (MahalaxmiSm)

Target Type	Value
Downside Target	9.37
Downside Target	9.69
Downside Target	10.64
Upside Target	11.20
Upside Target	11.22
Upside Target	11.24
Upside Target	12.23
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	10.45
Downside Intraday Target	10.27
Upside Intraday Target	11.01
Upside Intraday Target	11.39
Upside Intraday Target	10.83

Weekly technical analysis of Mahalaxmi Sm (MahalaxmiSm)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	10.64	10.95	11.20	10.64	0.085 times
25 Fri Oct 2024	11.20	10.81	11.20	9.50	2.8 times
18 Fri Oct 2024	10.34	9.85	10.85	9.37	0.549 times
10 Thu Oct 2024	9.85	10.92	11.24	9.71	1.337 times
03 Thu Oct 2024	10.20	9.70	11.22	9.69	0.405 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
28 Mon Oct 2024	10.64	11.22	11.24	9.37	0.511 times
30 Mon Sep 2024	10.69	11.19	12.90	9.69	1.14 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

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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Mahalaxmi Sm ( (MahalaxmiSm) ) based on a short to mid 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 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 losing 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 coming down

CCI has generated a SELL signal for Mahalaxmi Sm in short term but SELL signal is weak.

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 10.23 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.