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 2022-07-27 View latest technical analysis

10 day averaged volume of Maha Steel is 3355

Date Daily Closing Price Open High Low Volume
27 Wed Jul 2022 64.60 64.60 64.65 64.55 0.662 times
26 Tue Jul 2022 64.30 65.65 65.65 64.25 0.081 times
25 Mon Jul 2022 66.50 66.25 68.10 65.80 0.568 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 2.264 times
20 Wed Jul 2022 69.85 67.15 71.00 65.95 3.079 times
19 Tue Jul 2022 65.90 65.00 66.50 65.00 0.254 times
18 Mon Jul 2022 65.75 65.00 66.25 65.00 0.21 times
15 Fri Jul 2022 64.50 66.95 66.95 63.60 0.46 times
14 Thu Jul 2022 66.55 66.25 68.50 62.70 1.016 times

My analysis of stock is bullish for shortterm, and stock might move up till 67 or till 70.1. Use a stoploss of 64.47 and if this stock hits its stoploss, then it can fall down till 61.9

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 60.00
Downside Target 63.75
Upside Target 67.50
Upside Target 68.50
Upside Target 70.80
Upside Target 71.45
Upside Target 73.30
Upside Target 78.15
Upside Target 82.65
Upside Target 94.00

Intraday share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Intraday Target 63.2
Downside Intraday Target 61.8
Upside Intraday Target 67.05
Upside Intraday Target 69.5
Upside Intraday Target 65.65

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
27 Wed Jul 2022 64.60 66.25 68.10 64.25 0.225 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
27 Wed Jul 2022 64.60 60.30 71.45 60.00 0.571 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 24, 14, 28 Buy
MACD 0, -0Buy
Stochastics 38None
CCI -88Sell
RSI 54Buy
OBV 16620Sell
VWAP 68Sell
ADL 0Sell
ROC -2Sell
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 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 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

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 67.92 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 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.

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