(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 2021-07-02 View latest technical analysis
10 day averaged volume of Maha Steel is 5811
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Jul 2021 | 94.35 | 94.70 | 96.00 | 93.50 | 0.505 times |
| 01 Thu Jul 2021 | 93.95 | 93.55 | 95.00 | 92.20 | 0.126 times |
| 30 Wed Jun 2021 | 93.10 | 95.30 | 96.40 | 92.30 | 0.926 times |
| 29 Tue Jun 2021 | 95.45 | 98.80 | 98.80 | 92.70 | 0.912 times |
| 28 Mon Jun 2021 | 97.80 | 97.50 | 109.80 | 96.20 | 2.527 times |
| 25 Fri Jun 2021 | 95.95 | 91.75 | 96.95 | 90.55 | 2.296 times |
| 24 Thu Jun 2021 | 91.85 | 92.30 | 94.50 | 90.00 | 1.021 times |
| 23 Wed Jun 2021 | 91.95 | 92.60 | 95.05 | 91.85 | 0.41 times |
| 22 Tue Jun 2021 | 91.40 | 91.00 | 95.50 | 90.00 | 0.71 times |
| 21 Mon Jun 2021 | 91.10 | 93.00 | 93.00 | 88.55 | 0.373 times |
My analysis of stock is bullish for shortterm, and stock might move up till 96.8 or till 100.4. Use a stoploss of 93.86 and if this stock hits its stoploss, then it can fall down till 90.87
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 71.25 |
| Downside Target | 85.00 |
| Downside Target | 88.00 |
| Downside Target | 92.20 |
| Upside Target | 95.00 |
| Upside Target | 98.50 |
| Upside Target | 99.00 |
| Upside Target | 100.35 |
| Upside Target | 104.00 |
| Upside Target | 107.00 |
| Upside Target | 109.80 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 87.77 |
| Downside Intraday Target | 81.18 |
| Upside Intraday Target | 105.37 |
| Upside Intraday Target | 116.38 |
| Upside Intraday Target | 98.78 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Jul 2021 | 94.35 | 97.50 | 109.80 | 92.20 | 1.039 times |
| 25 Fri Jun 2021 | 95.95 | 93.00 | 96.95 | 88.55 | 0.53 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 |
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 |
| 02 Fri Jul 2021 | 94.35 | 93.55 | 96.00 | 92.20 | 0.021 times |
| 30 Wed Jun 2021 | 93.10 | 88.30 | 109.80 | 85.00 | 1.647 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 |
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 | 31, 16, 31 | Buy |
| MACD | 2, 2 | Sell |
| Stochastics | 25 | Sell |
| CCI | 15 | Buy |
| RSI | 50 | Sell |
| OBV | 62127 | Sell |
| VWAP | 95 | Sell |
| 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Maha Steel stock for short term is BUY. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.
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 Maha Steel in short term and BUY signal is strong.
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 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 94.89 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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