(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 2021-11-23 View latest technical analysis
10 day averaged volume of Maha Steel is 3816
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Nov 2021 | 83.60 | 82.15 | 86.65 | 81.95 | 0.367 times |
| 22 Mon Nov 2021 | 82.80 | 85.95 | 86.20 | 80.95 | 2.312 times |
| 18 Thu Nov 2021 | 85.95 | 86.80 | 88.90 | 85.80 | 0.042 times |
| 17 Wed Nov 2021 | 86.80 | 87.90 | 88.30 | 86.55 | 0.978 times |
| 16 Tue Nov 2021 | 87.05 | 95.95 | 95.95 | 86.45 | 0.226 times |
| 15 Mon Nov 2021 | 88.25 | 89.70 | 89.70 | 87.90 | 0.137 times |
| 12 Fri Nov 2021 | 89.80 | 87.30 | 91.75 | 87.30 | 4.062 times |
| 11 Thu Nov 2021 | 89.05 | 88.85 | 89.75 | 86.65 | 0.317 times |
| 10 Wed Nov 2021 | 88.40 | 88.60 | 89.30 | 87.85 | 0.639 times |
| 09 Tue Nov 2021 | 88.60 | 89.50 | 89.75 | 88.60 | 0.465 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 83.5, for a target of 85.8 or 87.67
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 80.95 |
| Upside Target | 84.20 |
| Upside Target | 89.10 |
| Upside Target | 91.95 |
| Upside Target | 93.30 |
| Upside Target | 95.95 |
| Upside Target | 98.00 |
| Upside Target | 99.90 |
| Upside Target | 116.55 |
| Upside Target | 120.80 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 80.82 |
| Downside Intraday Target | 78.03 |
| Upside Intraday Target | 86.52 |
| Upside Intraday Target | 89.43 |
| Upside Intraday Target | 83.73 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Nov 2021 | 83.60 | 85.95 | 86.65 | 80.95 | 1.937 times |
| 18 Thu Nov 2021 | 85.95 | 89.70 | 95.95 | 85.80 | 0.219 times |
| 12 Fri Nov 2021 | 89.80 | 91.05 | 91.95 | 86.60 | 5.106 times |
| 04 Thu Nov 2021 | 88.20 | 91.95 | 91.95 | 85.55 | 0.159 times |
| 29 Fri Oct 2021 | 87.70 | 88.75 | 93.30 | 84.20 | 2.024 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Maha Steel (MahaSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Tue Nov 2021 | 83.60 | 91.95 | 95.95 | 80.95 | 0.448 times |
| 29 Fri Oct 2021 | 87.70 | 93.50 | 98.00 | 84.20 | 0.681 times |
| 30 Thu Sep 2021 | 93.40 | 93.40 | 99.90 | 89.10 | 0.517 times |
| 31 Tue Aug 2021 | 92.05 | 113.00 | 116.55 | 86.50 | 0.494 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 | 23, 21, 5 | Buy |
| MACD | -3, -2 | Sell |
| Stochastics | 11 | Sell |
| CCI | -133 | Buy |
| RSI | 50 | Buy |
| OBV | -6208 | Sell |
| VWAP | 87 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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 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 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 BUY. 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.
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
Stock of Maha Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 87.28 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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