(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 2022-04-27 View latest technical analysis
10 day averaged volume of Maha Steel is 5787
|Date||Daily Closing Price||Open||High||Low||Volume|
|27 Wed Apr 2022||82.30||84.05||84.05||80.70||0.522 times|
|26 Tue Apr 2022||83.75||82.85||85.50||82.80||0.331 times|
|25 Mon Apr 2022||85.30||87.05||89.80||84.95||1.932 times|
|22 Fri Apr 2022||87.90||94.00||94.00||87.00||0.504 times|
|21 Thu Apr 2022||87.25||90.00||90.00||83.15||1.088 times|
|20 Wed Apr 2022||84.70||85.45||86.70||83.05||0.204 times|
|19 Tue Apr 2022||84.95||88.25||90.35||83.05||1.929 times|
|18 Mon Apr 2022||86.00||89.20||89.25||85.55||0.458 times|
|13 Wed Apr 2022||89.15||85.50||91.75||83.40||1.866 times|
|12 Tue Apr 2022||84.55||82.75||85.95||82.15||0.912 times|
My analysis of stock is bullish for shortterm, and stock might move up till 87.1 or till 94.5. Use a stoploss of 81.05 and if this stock hits its stoploss, then it can fall down till 74.96
Share price targets for Maha Steel (MahaSteel)
Intraday share price targets for Maha Steel (MahaSteel)
|Downside Intraday Target||78.73|
|Downside Intraday Target||75.17|
|Upside Intraday Target||87.83|
|Upside Intraday Target||93.37|
|Upside Intraday Target||84.27|
Weekly technical analysis of Maha Steel (MahaSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|27 Wed Apr 2022||82.30||87.05||89.80||80.70||0.666 times|
|22 Fri Apr 2022||87.90||89.20||94.00||83.05||1.177 times|
|13 Wed Apr 2022||89.15||84.80||91.75||82.15||0.614 times|
|08 Fri Apr 2022||84.55||72.15||86.90||72.15||1.267 times|
|01 Fri Apr 2022||71.45||72.50||72.80||69.60||1.218 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|
|27 Wed Apr 2022||82.30||71.05||94.00||70.80||1.364 times|
|31 Thu Mar 2022||70.00||73.00||78.15||67.50||0.85 times|
|28 Mon Feb 2022||71.10||85.25||95.00||65.10||0.813 times|
|31 Mon Jan 2022||84.95||86.05||93.15||77.35||1.549 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||29, 18, 25||Buy|
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 term time period is
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
ADX buy sell signal for Maha Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Maha Steel in short term but the sell signal is initial and weak.
Maha Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Maha Steel in short term and SELL 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 86.06 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.