(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 2022-05-20 View latest technical analysis
10 day averaged volume of Maha Steel is 4101
|Date||Daily Closing Price||Open||High||Low||Volume|
|20 Fri May 2022||69.40||68.40||70.00||67.40||0.343 times|
|19 Thu May 2022||66.90||69.95||69.95||65.70||0.569 times|
|18 Wed May 2022||70.10||70.00||74.30||69.00||0.897 times|
|17 Tue May 2022||68.60||62.30||69.80||60.50||2.068 times|
|16 Mon May 2022||63.40||67.50||68.65||62.30||1.277 times|
|13 Fri May 2022||66.95||66.40||68.50||65.20||0.53 times|
|12 Thu May 2022||66.40||71.50||73.60||65.20||0.605 times|
|11 Wed May 2022||67.65||70.35||71.25||67.55||0.789 times|
|10 Tue May 2022||71.20||74.70||74.70||70.10||0.246 times|
|09 Mon May 2022||74.50||79.75||79.75||71.80||2.479 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 67.7 as stoploss in an intra day buy trade for a target of 74.87. However, stock will show a bearish move below 67.7.
Share price targets for Maha Steel (MahaSteel)
Intraday share price targets for Maha Steel (MahaSteel)
|Downside Intraday Target||61.83|
|Downside Intraday Target||54.27|
|Upside Intraday Target||75.63|
|Upside Intraday Target||81.87|
|Downside Intraday Target||68.07|
Weekly technical analysis of Maha Steel (MahaSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|20 Fri May 2022||69.40||67.50||74.30||60.50||1.109 times|
|13 Fri May 2022||66.95||79.75||79.75||65.20||1.244 times|
|06 Fri May 2022||75.15||82.05||82.65||73.00||0.776 times|
|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|
Price has moved up 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|
|20 Fri May 2022||69.40||82.05||82.65||60.50||0.547 times|
|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|
Scroll below to view daily charts
Price has moved down 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||13, 22, 25||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 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 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 mid to longer 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.
ADX buy sell signal for Maha Steel stock for short term is SELL. Signal strength is Strong and stock is gaining 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 but BUY signal is weak.
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
Stock of Maha Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 69.24 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.