Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 3176

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 69.05 68.20 69.80 68.20 1.378 times
24 Thu Nov 2022 67.50 67.70 69.45 66.95 4.688 times
23 Wed Nov 2022 67.80 71.50 71.50 65.15 0.282 times
22 Tue Nov 2022 67.40 68.75 69.35 67.00 0.356 times
21 Mon Nov 2022 66.35 68.85 69.30 65.15 0.889 times
18 Fri Nov 2022 68.65 69.65 69.65 67.25 1.306 times
17 Thu Nov 2022 67.25 68.20 69.75 67.00 0.287 times
16 Wed Nov 2022 68.10 67.60 70.50 67.25 0.768 times
15 Tue Nov 2022 70.20 69.90 70.30 69.90 0.011 times
14 Mon Nov 2022 69.45 69.55 70.00 68.10 0.62 times

My analysis of stock is bullish for shortterm, and stock might move up till 69.9 or till 71.2. Use a stoploss of 68.78 and if this stock hits its stoploss, then it can fall down till 67.69

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 57.80
Downside Target 60.00
Downside Target 63.55
Downside Target 65.15
Upside Target 69.40
Upside Target 71.45
Upside Target 71.50
Upside Target 72.75
Upside Target 74.00
Upside Target 74.15
Upside Target 79.70

Intraday share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Intraday Target 65.63
Downside Intraday Target 62.22
Upside Intraday Target 71.98
Upside Intraday Target 74.92
Downside Intraday Target 68.57

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
25 Fri Nov 2022 69.05 68.85 71.50 65.15 2.537 times
18 Fri Nov 2022 68.65 69.55 70.50 67.00 0.547 times
11 Fri Nov 2022 69.75 68.55 72.75 67.95 1.786 times
04 Fri Nov 2022 69.85 68.55 70.20 67.00 3.511 times
28 Fri Oct 2022 68.95 68.60 69.40 63.55 0.141 times

Price has moved up 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
25 Fri Nov 2022 69.05 69.40 72.75 65.15 1.629 times
31 Mon Oct 2022 69.15 72.30 74.15 63.55 0.473 times
30 Fri Sep 2022 72.10 68.25 79.70 66.30 1.373 times
30 Tue Aug 2022 68.75 65.20 74.00 57.80 1.138 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Maha Steel (MahaSteel)

Indicator Name Indicator Value Indicator Signal
ADX 16, 16, 0 Sell
MACD -1, -1Sell
Stochastics 45None
CCI 59Buy
RSI 50Buy
OBV -7089Sell
VWAP 68Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Maha Steel ( (MahaSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 to mid 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 mid to longer 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

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 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 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 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 67.91 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 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.

Click here for Maha Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme