(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, 4 | Sell |
| Stochastics | 14 | Sell |
| CCI | -98 | Sell |
| RSI | 61 | Buy |
| OBV | 1048 | Sell |
| VWAP | 85 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | 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 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.
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