(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 2021-08-13 View latest technical analysis
10 day averaged volume of Maha Steel is 21113
|Date||Daily Closing Price||Open||High||Low||Volume|
|13 Fri Aug 2021||103.55||104.75||107.05||100.85||0.745 times|
|12 Thu Aug 2021||102.90||100.65||103.95||99.40||0.244 times|
|11 Wed Aug 2021||98.15||101.95||102.85||95.55||0.666 times|
|10 Tue Aug 2021||96.15||106.00||106.00||95.45||0.762 times|
|09 Mon Aug 2021||104.75||107.25||107.65||102.65||0.876 times|
|06 Fri Aug 2021||105.55||106.90||109.00||105.00||1.885 times|
|05 Thu Aug 2021||106.10||108.00||111.05||103.65||2.633 times|
|04 Wed Aug 2021||107.10||114.70||116.55||105.50||0.43 times|
|03 Tue Aug 2021||112.50||115.00||115.90||111.25||0.657 times|
|02 Mon Aug 2021||113.35||113.00||116.55||112.25||0.867 times|
My analysis of stock is bearish for shortterm, and stock might move down till 95.9 or till 85.8. Use a stoploss of 104.4 and if the stock hits stoploss, then it can shoot up till 112.85
Share price targets for Maha Steel (MahaSteel)
Intraday share price targets for Maha Steel (MahaSteel)
|Downside Intraday Target||96.78|
|Downside Intraday Target||90.02|
|Upside Intraday Target||108.98|
|Upside Intraday Target||114.42|
|Downside Intraday Target||102.22|
Weekly technical analysis of Maha Steel (MahaSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|13 Fri Aug 2021||103.55||107.25||107.65||95.45||0.509 times|
|06 Fri Aug 2021||105.55||113.00||116.55||103.65||0.733 times|
|30 Fri Jul 2021||111.70||109.90||120.80||104.30||0.584 times|
|23 Fri Jul 2021||108.20||89.90||114.55||85.90||21.185 times|
|16 Fri Jul 2021||89.45||91.80||93.55||88.00||0.346 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|
|13 Fri Aug 2021||103.55||113.00||116.55||95.45||0.363 times|
|30 Fri Jul 2021||111.70||93.55||120.80||85.90||3.314 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|
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||16, 20, 12||Sell|
Price action analysis of Maha Steel ( (MahaSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 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 105.4 and Maha Steel (MahaSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.