(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 4185
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 68.50 | 69.55 | 70.45 | 67.30 | 1.112 times |
| 29 Tue Nov 2022 | 69.70 | 69.50 | 71.00 | 69.30 | 1.149 times |
| 28 Mon Nov 2022 | 69.75 | 67.60 | 70.20 | 67.60 | 1.295 times |
| 25 Fri Nov 2022 | 69.05 | 68.20 | 69.80 | 68.20 | 1.046 times |
| 24 Thu Nov 2022 | 67.50 | 67.70 | 69.45 | 66.95 | 3.558 times |
| 23 Wed Nov 2022 | 67.80 | 71.50 | 71.50 | 65.15 | 0.214 times |
| 22 Tue Nov 2022 | 67.40 | 68.75 | 69.35 | 67.00 | 0.27 times |
| 21 Mon Nov 2022 | 66.35 | 68.85 | 69.30 | 65.15 | 0.675 times |
| 18 Fri Nov 2022 | 68.65 | 69.65 | 69.65 | 67.25 | 0.991 times |
| 17 Thu Nov 2022 | 67.25 | 68.20 | 69.75 | 67.00 | 0.218 times |
My analysis of stock is bearish for shortterm, and stock might move down till 67.7 or till 66.4. Use a stoploss of 68.76 and if the stock hits stoploss, then it can shoot up till 69.85
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 57.80 |
| Downside Target | 60.00 |
| Downside Target | 63.55 |
| Downside Target | 65.15 |
| Upside Target | 70.20 |
| Upside Target | 71.45 |
| Upside Target | 71.50 |
| Upside Target | 72.75 |
| Upside Target | 74.00 |
| Upside Target | 74.15 |
| Upside Target | 79.70 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 66.87 |
| Downside Intraday Target | 65.23 |
| Upside Intraday Target | 70.57 |
| Upside Intraday Target | 72.63 |
| Upside Intraday Target | 68.93 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 68.50 | 67.60 | 71.00 | 67.30 | 0.617 times |
| 25 Fri Nov 2022 | 69.05 | 68.85 | 71.50 | 65.15 | 2.537 times |
| 18 Fri Nov 2022 | 68.65 | 69.55 | 70.50 | 67.00 | 0.547 times |
| 11 Fri Nov 2022 | 69.75 | 68.55 | 72.75 | 67.95 | 1.786 times |
| 04 Fri Nov 2022 | 69.85 | 68.55 | 70.20 | 67.00 | 3.511 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 Maha Steel (MahaSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Wed Nov 2022 | 68.50 | 69.40 | 72.75 | 65.15 | 2.032 times |
| 31 Mon Oct 2022 | 69.15 | 72.30 | 74.15 | 63.55 | 0.473 times |
| 30 Fri Sep 2022 | 72.10 | 68.25 | 79.70 | 66.30 | 1.373 times |
| 30 Tue Aug 2022 | 68.75 | 65.20 | 74.00 | 57.80 | 1.138 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 Maha Steel (MahaSteel)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 15, 21, 18 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 66 | None |
| CCI | 31 | Sell |
| RSI | 51 | Buy |
| OBV | -12367 | Sell |
| VWAP | 68 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Maha Steel ( (MahaSteel) ) 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Maha Steel in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Maha Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 68.31 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 rising upwards.
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 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.
Click here for Maha Steel charts
Click here for further forecast and predictions for tomorrow