(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 2022-07-26 View latest technical analysis
10 day averaged volume of Maha Steel is 3381
|Date||Daily Closing Price||Open||High||Low||Volume|
|26 Tue Jul 2022||64.30||65.65||65.65||64.25||0.08 times|
|25 Mon Jul 2022||66.50||66.25||68.10||65.80||0.563 times|
|22 Fri Jul 2022||68.10||68.70||68.70||67.50||0.012 times|
|21 Thu Jul 2022||68.50||68.30||71.45||67.00||2.247 times|
|20 Wed Jul 2022||69.85||67.15||71.00||65.95||3.055 times|
|19 Tue Jul 2022||65.90||65.00||66.50||65.00||0.252 times|
|18 Mon Jul 2022||65.75||65.00||66.25||65.00||0.208 times|
|15 Fri Jul 2022||64.50||66.95||66.95||63.60||0.457 times|
|14 Thu Jul 2022||66.55||66.25||68.50||62.70||1.009 times|
|13 Wed Jul 2022||65.95||60.25||68.00||60.25||2.04 times|
My analysis of stock is bullish for shortterm, and stock might move up till 67 or till 70.2. Use a stoploss of 64.28 and if this stock hits its stoploss, then it can fall down till 61.59
Share price targets for Maha Steel (MahaSteel)
Intraday share price targets for Maha Steel (MahaSteel)
|Downside Intraday Target||63|
|Downside Intraday Target||61.7|
|Upside Intraday Target||66.85|
|Upside Intraday Target||69.4|
|Upside Intraday Target||65.55|
Weekly technical analysis of Maha Steel (MahaSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|26 Tue Jul 2022||64.30||66.25||68.10||64.25||0.111 times|
|22 Fri Jul 2022||68.10||65.00||71.45||65.00||1.528 times|
|15 Fri Jul 2022||64.50||60.55||68.50||60.25||1.21 times|
|08 Fri Jul 2022||63.05||61.30||64.90||60.00||0.575 times|
|01 Fri Jul 2022||61.30||60.70||63.75||60.25||0.517 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|
|26 Tue Jul 2022||64.30||60.30||71.45||60.00||0.545 times|
|30 Thu Jun 2022||60.55||68.05||73.30||60.00||1.07 times|
|31 Tue May 2022||69.25||82.05||82.65||60.50||0.789 times|
|29 Fri Apr 2022||80.70||71.05||94.00||70.80||1.415 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||25, 14, 28||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 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 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 BUY signal for Maha Steel in short term and the buy signal is strong.
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 tired and bears 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 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 67.74 and Maha Steel (MahaSteel) stock is trading below this level. This means that stock is falling with high volumes. 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.