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 2022-08-02 View latest technical analysis

10 day averaged volume of Maha Steel is 2481

Date Daily Closing Price Open High Low Volume
02 Tue Aug 2022 66.65 66.10 67.95 66.10 1.247 times
01 Mon Aug 2022 66.35 65.20 66.65 64.90 0.217 times
29 Fri Jul 2022 64.30 65.15 65.15 63.75 0.119 times
28 Thu Jul 2022 64.70 64.55 65.25 64.50 0.308 times
27 Wed Jul 2022 64.60 64.60 64.65 64.55 0.895 times
26 Tue Jul 2022 64.30 65.65 65.65 64.25 0.109 times
25 Mon Jul 2022 66.50 66.25 68.10 65.80 0.768 times
22 Fri Jul 2022 68.10 68.70 68.70 67.50 0.016 times
21 Thu Jul 2022 68.50 68.30 71.45 67.00 3.062 times
20 Wed Jul 2022 69.85 67.15 71.00 65.95 4.163 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 67.4 as stoploss in an intra day sell trade for a target of 65.32. However, stock will show a bullish move above 67.4.

Share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Target 60.00
Downside Target 63.75
Upside Target 67.95
Upside Target 68.10
Upside Target 68.50
Upside Target 70.80
Upside Target 71.45
Upside Target 73.30
Upside Target 82.65
Upside Target 94.00

Intraday share price targets for Maha Steel (MahaSteel)

Target Type Value
Downside Intraday Target 65.05
Downside Intraday Target 63.45
Upside Intraday Target 68.1
Upside Intraday Target 69.55
Downside Intraday Target 66.5

Weekly technical analysis of Maha Steel (MahaSteel)

Date Weekly Closing Price Open High Low Volume
02 Tue Aug 2022 66.65 65.20 67.95 64.90 0.666 times
29 Fri Jul 2022 64.30 66.25 68.10 63.75 0.279 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

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
02 Tue Aug 2022 66.65 65.20 67.95 64.90 0.073 times
29 Fri Jul 2022 64.30 60.30 71.45 60.00 0.584 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

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 31, 13, 41 Buy
MACD 0, -0Buy
Stochastics 26Sell
CCI 21Buy
RSI 52Buy
OBV 18901Sell
VWAP 68Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Maha Steel ( (MahaSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Maha Steel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 and BUY signal is strong.

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 68.1 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 is giving positive 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.

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