(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)
Showing technical analysis as on 2021-06-24 View latest technical analysis
10 day averaged volume of Maha Steel is 9170
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Thu Jun 2021||91.85||92.30||94.50||90.00||0.647 times|
|23 Wed Jun 2021||91.95||92.60||95.05||91.85||0.26 times|
|22 Tue Jun 2021||91.40||91.00||95.50||90.00||0.45 times|
|21 Mon Jun 2021||91.10||93.00||93.00||88.55||0.237 times|
|18 Fri Jun 2021||93.25||95.35||95.70||89.20||0.444 times|
|17 Thu Jun 2021||94.55||94.40||97.60||93.95||0.505 times|
|16 Wed Jun 2021||95.80||101.55||101.90||95.15||0.583 times|
|15 Tue Jun 2021||100.35||99.95||104.00||99.50||0.835 times|
|14 Mon Jun 2021||99.05||99.90||102.00||94.00||3.386 times|
|11 Fri Jun 2021||95.90||91.70||98.50||91.50||1.891 times|
My analysis of stock is bearish for shortterm, and stock might move down till 88.3 or till 84. Use a stoploss of 91.96 and if the stock hits stoploss, then it can shoot up till 95.58
Share price targets for Maha Steel (MahaSteel)
Intraday share price targets for Maha Steel (MahaSteel)
|Downside Intraday Target||88.43|
|Downside Intraday Target||85.02|
|Upside Intraday Target||95.38|
|Upside Intraday Target||98.92|
|Upside Intraday Target||91.97|
Weekly technical analysis of Maha Steel (MahaSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Thu Jun 2021||91.85||93.00||95.50||88.55||0.277 times|
|18 Fri Jun 2021||93.25||99.90||104.00||89.20||1.079 times|
|11 Fri Jun 2021||95.90||93.05||98.50||88.00||2.124 times|
|04 Fri Jun 2021||92.85||88.50||95.00||85.00||0.942 times|
|28 Fri May 2021||87.85||89.00||92.85||86.20||1.89 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|
|24 Thu Jun 2021||91.85||88.30||104.00||85.00||1.275 times|
|31 Mon May 2021||88.45||94.80||99.00||86.20||0.558 times|
|30 Fri Apr 2021||92.25||83.05||107.00||71.25||1.589 times|
|31 Wed Mar 2021||83.10||100.35||100.35||72.55||2.108 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||20, 20, 1||Sell|
Price action analysis of Maha Steel ( (MahaSteel) ) based on a short 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 Maha Steel ( (MahaSteel) ) 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 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
ADX buy sell signal for Maha Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Maha Steel in short term but the sell signal is initial and weak.
Maha Steel 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 coming down
CCI has generated a SELL signal for Maha Steel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 96.51 and Maha Steel (MahaSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 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.