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)

Showing technical analysis as on 2022-04-29 View latest technical analysis

10 day averaged volume of Maha Steel is 5287

Date Daily Closing Price Open High Low Volume
29 Fri Apr 2022 80.70 88.80 88.80 77.20 0.359 times
28 Thu Apr 2022 82.00 82.05 84.70 81.00 0.331 times
27 Wed Apr 2022 82.30 84.05 84.05 80.70 0.571 times
26 Tue Apr 2022 83.75 82.85 85.50 82.80 0.362 times
25 Mon Apr 2022 85.30 87.05 89.80 84.95 2.114 times
22 Fri Apr 2022 87.90 94.00 94.00 87.00 0.551 times
21 Thu Apr 2022 87.25 90.00 90.00 83.15 1.191 times
20 Wed Apr 2022 84.70 85.45 86.70 83.05 0.223 times
19 Tue Apr 2022 84.95 88.25 90.35 83.05 2.111 times
18 Mon Apr 2022 86.00 89.20 89.25 85.55 0.501 times

My analysis of stock is bearish for shortterm, and stock might move down till 77 or till 70.8. Use a stoploss of 82.08 and if the stock hits stoploss, then it can shoot up till 87.19

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 65.10
Downside Target 67.50
Downside Target 69.60
Downside Target 75.20
Downside Target 77.20
Upside Target 82.15
Upside Target 86.90
Upside Target 89.80
Upside Target 89.95
Upside Target 91.75
Upside Target 93.15
Upside Target 94.00
Upside Target 95.00

Intraday share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Intraday Target 75.33
Downside Intraday Target 69.97
Upside Intraday Target 87.93
Upside Intraday Target 95.17
Upside Intraday Target 82.57

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
29 Fri Apr 2022 80.70 87.05 89.80 77.20 0.816 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
29 Fri Apr 2022 80.70 71.05 94.00 70.80 1.415 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 30, 13, 41 Buy
MACD 3, 4Sell
Stochastics 14Sell
CCI -98Sell
RSI 61Buy
OBV 1048Sell
VWAP 85Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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 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 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 BUY. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!

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 and the buying is gaining 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 85.09 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.

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