(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 3757
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Aug 2022 | 68.50 | 68.10 | 68.80 | 67.80 | 0.088 times |
| 17 Wed Aug 2022 | 67.75 | 67.20 | 68.70 | 67.15 | 0.397 times |
| 16 Tue Aug 2022 | 68.40 | 74.00 | 74.00 | 57.80 | 1.667 times |
| 12 Fri Aug 2022 | 70.50 | 65.00 | 71.35 | 65.00 | 4.125 times |
| 11 Thu Aug 2022 | 65.60 | 66.00 | 68.00 | 62.25 | 0.064 times |
| 10 Wed Aug 2022 | 65.65 | 66.45 | 66.45 | 65.20 | 1.263 times |
| 08 Mon Aug 2022 | 65.95 | 65.30 | 65.95 | 65.30 | 0.065 times |
| 05 Fri Aug 2022 | 64.25 | 64.95 | 66.40 | 64.20 | 0.816 times |
| 04 Thu Aug 2022 | 65.30 | 66.05 | 66.90 | 65.05 | 0.276 times |
| 03 Wed Aug 2022 | 66.15 | 63.00 | 66.65 | 63.00 | 0.502 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 68.4, but if it comes below 68.4, then a intra day sell could be more profitable.
If you take a sell trade below 68.4, then use 68.4 as stoploss and 66.6 as target. However if you take a buy trade in stock , then use 68.4 as stoploss and 70.7 as target.
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 57.80 |
| Downside Target | 60.00 |
| Downside Target | 62.25 |
| Downside Target | 67.95 |
| Upside Target | 70.80 |
| Upside Target | 71.45 |
| Upside Target | 73.30 |
| Upside Target | 74.00 |
| Upside Target | 82.65 |
| Upside Target | 94.00 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 59.53 |
| Downside Intraday Target | 50.57 |
| Upside Intraday Target | 75.73 |
| Upside Intraday Target | 82.97 |
| Downside Intraday Target | 66.77 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Aug 2022 | 68.50 | 74.00 | 74.00 | 57.80 | 0.39 times |
| 12 Fri Aug 2022 | 70.50 | 65.30 | 71.35 | 62.25 | 2.154 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 |
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 |
| 18 Thu Aug 2022 | 68.50 | 65.20 | 74.00 | 57.80 | 0.768 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 | 15, 28, 30 | Sell |
| MACD | 1, 1 | Buy |
| Stochastics | 64 | None |
| CCI | 105 | Buy |
| RSI | 62 | Buy |
| OBV | 5031 | Sell |
| VWAP | 68 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Maha Steel ( (MahaSteel) ) based on a short 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.
Price action analysis of Maha Steel ( (MahaSteel) ) based on a short 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.
Price action analysis of Maha Steel ( (MahaSteel) ) based on a short to mid 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.
Price action analysis of Maha Steel ( (MahaSteel) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY signal for Maha Steel in short term and the buy 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 tired and bears 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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 68.32 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.
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