Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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

(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 3496

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 68.30 66.25 69.35 65.45 3.897 times
24 Tue May 2022 66.85 69.00 69.00 65.90 1.33 times
23 Mon May 2022 67.60 72.85 72.85 67.00 0.367 times
20 Fri May 2022 69.40 68.40 70.00 67.40 0.403 times
19 Thu May 2022 66.90 69.95 69.95 65.70 0.667 times
18 Wed May 2022 70.10 70.00 74.30 69.00 1.053 times
17 Tue May 2022 68.60 62.30 69.80 60.50 2.426 times
16 Mon May 2022 63.40 67.50 68.65 62.30 1.498 times
13 Fri May 2022 66.95 66.40 68.50 65.20 0.622 times
12 Thu May 2022 66.40 71.50 73.60 65.20 0.71 times

Stock of Maha Steel (MahaSteel) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 66.3 as stoploss in an intra day buy trade for a target of 72.16. However, stock will show a bearish move below 66.3.

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 60.50
Downside Target 65.10
Downside Target 67.50
Upside Target 70.80
Upside Target 72.85
Upside Target 77.20
Upside Target 79.75
Upside Target 82.65
Upside Target 89.80
Upside Target 93.15
Upside Target 94.00
Upside Target 95.00

Intraday share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Intraday Target 64.88
Downside Intraday Target 61.47
Upside Intraday Target 72.28
Upside Intraday Target 76.27
Upside Intraday Target 68.87

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 68.30 72.85 72.85 65.45 0.925 times
20 Fri May 2022 69.40 67.50 74.30 60.50 1.109 times
13 Fri May 2022 66.95 79.75 79.75 65.20 1.244 times
06 Fri May 2022 75.15 82.05 82.65 73.00 0.776 times
29 Fri Apr 2022 80.70 87.05 89.80 77.20 0.816 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
25 Wed May 2022 68.30 82.05 82.65 60.50 0.74 times
29 Fri Apr 2022 80.70 71.05 94.00 70.80 1.415 times
31 Thu Mar 2022 70.00 73.00 78.15 67.50 0.85 times
28 Mon Feb 2022 71.10 85.25 95.00 65.10 0.813 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 Maha Steel (MahaSteel)

Indicator Name Indicator Value Indicator Signal
ADX 15, 20, 15 Sell
MACD -5, -5Sell
Stochastics 51None
CCI -5Buy
RSI 52Buy
OBV -20316Sell
VWAP 68Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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

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 SELL signal for Maha Steel in short term and the sell signal is strong.

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 moving up

CCI has generated a buy signal for Maha Steel in short term but BUY 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 67.56 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

Daily charts

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

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme