(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 2022-05-25 View latest technical analysis
10 day averaged volume of Maha Steel is 3496
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Wed May 2022 | 68.30 | 66.25 | 69.35 | 65.45 | 3.897 times |
| 24 Tue May 2022 | 66.85 | 69.00 | 69.00 | 65.90 | 1.33 times |
| 23 Mon May 2022 | 67.60 | 72.85 | 72.85 | 67.00 | 0.367 times |
| 20 Fri May 2022 | 69.40 | 68.40 | 70.00 | 67.40 | 0.403 times |
| 19 Thu May 2022 | 66.90 | 69.95 | 69.95 | 65.70 | 0.667 times |
| 18 Wed May 2022 | 70.10 | 70.00 | 74.30 | 69.00 | 1.053 times |
| 17 Tue May 2022 | 68.60 | 62.30 | 69.80 | 60.50 | 2.426 times |
| 16 Mon May 2022 | 63.40 | 67.50 | 68.65 | 62.30 | 1.498 times |
| 13 Fri May 2022 | 66.95 | 66.40 | 68.50 | 65.20 | 0.622 times |
| 12 Thu May 2022 | 66.40 | 71.50 | 73.60 | 65.20 | 0.71 times |
Stock of Maha Steel (MahaSteel) has showed a significant upmove. This could be a good time to enter in this stock!
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 66.3 as stoploss in an intra day buy trade for a target of 72.16. However, stock will show a bearish move below 66.3.
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 60.50 |
| Downside Target | 65.10 |
| Downside Target | 67.50 |
| Upside Target | 70.80 |
| Upside Target | 72.85 |
| Upside Target | 77.20 |
| Upside Target | 79.75 |
| Upside Target | 82.65 |
| Upside Target | 89.80 |
| 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 | 64.88 |
| Downside Intraday Target | 61.47 |
| Upside Intraday Target | 72.28 |
| Upside Intraday Target | 76.27 |
| Upside Intraday Target | 68.87 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Wed May 2022 | 68.30 | 72.85 | 72.85 | 65.45 | 0.925 times |
| 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 |
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 |
| 25 Wed May 2022 | 68.30 | 82.05 | 82.65 | 60.50 | 0.74 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 | 15, 20, 15 | Sell |
| MACD | -5, -5 | Sell |
| Stochastics | 51 | None |
| CCI | -5 | Buy |
| RSI | 52 | Buy |
| OBV | -20316 | Sell |
| VWAP | 68 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| 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 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 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
ADX buy sell signal for Maha Steel stock for short term is SELL. Signal strength is Weak 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. Bulls are getting stronger in this stock.
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 but buying is losing 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 67.56 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 is giving positive 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.
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