(MahaSteel) Maha Steel complete technical analysis [charts+indicators] | Buy/Sell Maha Steel | (MahaSteel) share price targets
Complete technical analysis of Maha Steel (MahaSteel) by charts plus indicators, forecast predictions and share price targets for Maha Steel (MahaSteel)
10 day averaged volume of Maha Steel is 2933
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed Dec 2021 | 82.40 | 84.35 | 84.45 | 81.20 | 0.745 times |
| 07 Tue Dec 2021 | 82.60 | 81.05 | 85.00 | 80.00 | 1.783 times |
| 06 Mon Dec 2021 | 80.35 | 83.90 | 86.00 | 80.00 | 0.602 times |
| 03 Fri Dec 2021 | 79.65 | 81.50 | 81.95 | 79.00 | 0.679 times |
| 02 Thu Dec 2021 | 79.65 | 85.00 | 85.00 | 78.00 | 0.486 times |
| 01 Wed Dec 2021 | 80.00 | 80.05 | 82.55 | 78.75 | 0.285 times |
| 30 Tue Nov 2021 | 80.15 | 80.20 | 80.60 | 79.50 | 0.25 times |
| 29 Mon Nov 2021 | 80.00 | 80.05 | 81.15 | 75.70 | 3.391 times |
| 26 Fri Nov 2021 | 82.80 | 84.30 | 84.85 | 82.00 | 1.169 times |
| 25 Thu Nov 2021 | 84.90 | 83.20 | 84.90 | 81.05 | 0.815 times |
My analysis of stock is bearish for shortterm, and stock might move down till 80.6 or till 76.6. Use a stoploss of 83.91 and if the stock hits stoploss, then it can shoot up till 87.25
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 75.70 |
| Downside Target | 78.00 |
| Downside Target | 80.00 |
| Upside Target | 84.20 |
| Upside Target | 86.65 |
| Upside Target | 89.10 |
| Upside Target | 91.95 |
| Upside Target | 95.95 |
| Upside Target | 98.00 |
| Upside Target | 99.90 |
| Upside Target | 116.55 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 79.6 |
| Downside Intraday Target | 76.8 |
| Upside Intraday Target | 85.6 |
| Upside Intraday Target | 88.8 |
| Upside Intraday Target | 82.8 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed Dec 2021 | 82.40 | 83.90 | 86.00 | 80.00 | 0.615 times |
| 03 Fri Dec 2021 | 79.65 | 80.05 | 85.00 | 75.70 | 0.847 times |
| 26 Fri Nov 2021 | 82.80 | 85.95 | 86.65 | 80.95 | 3.339 times |
| 18 Thu Nov 2021 | 85.95 | 89.70 | 95.95 | 85.80 | 0.219 times |
| 12 Fri Nov 2021 | 89.80 | 91.05 | 91.95 | 86.60 | 5.106 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 Maha Steel (MahaSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed Dec 2021 | 82.40 | 80.05 | 86.00 | 78.00 | 0.215 times |
| 30 Tue Nov 2021 | 80.15 | 91.95 | 95.95 | 75.70 | 0.631 times |
| 29 Fri Oct 2021 | 87.70 | 93.50 | 98.00 | 84.20 | 0.681 times |
| 30 Thu Sep 2021 | 93.40 | 93.40 | 99.90 | 89.10 | 0.517 times |
Scroll below to view daily charts
Price has moved up 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 Maha Steel (MahaSteel)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 21, 16, 14 | Buy |
| MACD | -4, -4 | Buy |
| Stochastics | 58 | None |
| CCI | 59 | Buy |
| RSI | 50 | Sell |
| OBV | -6324 | Sell |
| VWAP | 81 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Maha Steel ( (MahaSteel) ) 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 Maha Steel ( (MahaSteel) ) 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 Maha Steel ( (MahaSteel) ) 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 Maha Steel ( (MahaSteel) ) 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 Maha Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Maha Steel 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.
Maha Steel 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 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 buy signal for Maha Steel 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 Maha Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 81.33 and Maha Steel (MahaSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Maha Steel (MahaSteel) stock. Volume based technical analysis of Maha Steel (MahaSteel) stock is negative.
Maha Steel 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.
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