(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 1341
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Aug 2022 | 65.65 | 66.45 | 66.45 | 65.20 | 3.538 times |
| 08 Mon Aug 2022 | 65.95 | 65.30 | 65.95 | 65.30 | 0.181 times |
| 05 Fri Aug 2022 | 64.25 | 64.95 | 66.40 | 64.20 | 2.286 times |
| 04 Thu Aug 2022 | 65.30 | 66.05 | 66.90 | 65.05 | 0.774 times |
| 03 Wed Aug 2022 | 66.15 | 63.00 | 66.65 | 63.00 | 1.406 times |
| 02 Tue Aug 2022 | 66.65 | 66.10 | 67.95 | 66.10 | 2.306 times |
| 01 Mon Aug 2022 | 66.35 | 65.20 | 66.65 | 64.90 | 0.402 times |
| 30 Sat Jul 2022 | 64.30 | 65.15 | 65.15 | 63.75 | 0.219 times |
| 28 Thu Jul 2022 | 64.70 | 64.55 | 65.25 | 64.50 | 0.57 times |
| 27 Wed Jul 2022 | 64.60 | 64.60 | 64.65 | 64.55 | 1.655 times |
Stock of Maha Steel (MahaSteel) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 64.5 or till 62.8. Use a stoploss of 65.99 and if the stock hits stoploss, then it can shoot up till 67.44
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 60.00 |
| Downside Target | 63.00 |
| Upside Target | 67.95 |
| Upside Target | 68.10 |
| Upside Target | 68.50 |
| Upside Target | 70.80 |
| Upside Target | 71.45 |
| Upside Target | 73.30 |
| Upside Target | 82.65 |
| Upside Target | 94.00 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 65.08 |
| Downside Intraday Target | 64.52 |
| Upside Intraday Target | 66.33 |
| Upside Intraday Target | 67.02 |
| Upside Intraday Target | 65.77 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Aug 2022 | 65.65 | 65.30 | 66.45 | 65.20 | 0.518 times |
| 05 Fri Aug 2022 | 64.25 | 65.20 | 67.95 | 63.00 | 1.764 times |
| 30 Sat Jul 2022 | 64.30 | 66.25 | 68.10 | 63.75 | 0.279 times |
| 22 Fri Jul 2022 | 68.10 | 65.00 | 71.45 | 65.00 | 1.528 times |
| 15 Fri Jul 2022 | 64.50 | 60.55 | 68.50 | 60.25 | 1.21 times |
Price has moved up 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 |
| 10 Wed Aug 2022 | 65.65 | 65.20 | 67.95 | 63.00 | 0.292 times |
| 30 Sat Jul 2022 | 64.30 | 60.30 | 71.45 | 60.00 | 0.584 times |
| 30 Thu Jun 2022 | 60.55 | 68.05 | 73.30 | 60.00 | 1.04 times |
| 31 Tue May 2022 | 69.25 | 82.05 | 82.65 | 60.50 | 0.812 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 | 23, 20, 6 | Buy |
| MACD | -0, -0 | Sell |
| Stochastics | 46 | None |
| CCI | 39 | Buy |
| RSI | 57 | Buy |
| OBV | 6139 | Sell |
| VWAP | 65 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 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 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.
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. 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 buy signal for Maha Steel in short term and BUY 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 65.45 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 positive
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