(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 2021-12-01 View latest technical analysis
10 day averaged volume of Maha Steel is 3306
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Dec 2021 | 80.00 | 80.05 | 82.55 | 78.75 | 0.253 times |
| 30 Tue Nov 2021 | 80.15 | 80.20 | 80.60 | 79.50 | 0.221 times |
| 29 Mon Nov 2021 | 80.00 | 80.05 | 81.15 | 75.70 | 3.008 times |
| 26 Fri Nov 2021 | 82.80 | 84.30 | 84.85 | 82.00 | 1.037 times |
| 25 Thu Nov 2021 | 84.90 | 83.20 | 84.90 | 81.05 | 0.723 times |
| 24 Wed Nov 2021 | 84.00 | 83.65 | 85.20 | 83.65 | 0.479 times |
| 23 Tue Nov 2021 | 83.60 | 82.15 | 86.65 | 81.95 | 0.423 times |
| 22 Mon Nov 2021 | 82.80 | 85.95 | 86.20 | 80.95 | 2.669 times |
| 18 Thu Nov 2021 | 85.95 | 86.80 | 88.90 | 85.80 | 0.049 times |
| 17 Wed Nov 2021 | 86.80 | 87.90 | 88.30 | 86.55 | 1.129 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 78.7, for a target of 82.6 or 85.87
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 75.70 |
| Downside Target | 78.75 |
| Upside Target | 80.95 |
| Upside Target | 84.20 |
| Upside Target | 89.10 |
| Upside Target | 91.95 |
| Upside Target | 95.95 |
| Upside Target | 98.00 |
| Upside Target | 99.90 |
| Upside Target | 116.55 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 76.28 |
| Downside Intraday Target | 72.57 |
| Upside Intraday Target | 83.13 |
| Upside Intraday Target | 86.27 |
| Downside Intraday Target | 79.42 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Dec 2021 | 80.00 | 80.05 | 82.55 | 75.70 | 0.653 times |
| 26 Fri Nov 2021 | 82.80 | 85.95 | 86.65 | 80.95 | 3.339 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 |
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 |
| 01 Wed Dec 2021 | 80.00 | 80.05 | 82.55 | 78.75 | 0.013 times |
| 30 Tue Nov 2021 | 80.15 | 91.95 | 95.95 | 75.70 | 0.631 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 |
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 | 18, 30, 26 | Sell |
| MACD | -4, -4 | Sell |
| Stochastics | 25 | Sell |
| CCI | -91 | Buy |
| RSI | 43 | Sell |
| OBV | -6299 | Sell |
| VWAP | 83 | Sell |
| ADL | 0 | Sell |
| ROC | -8 | 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 SELL. Signal strength is Strong and stock is losing 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 coming down
CCI has generated a buy signal for Maha Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 82.54 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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