(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 2022-08-03 View latest technical analysis
10 day averaged volume of Maha Steel is 2705
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Wed Aug 2022||66.15||63.00||66.65||63.00||0.697 times|
|02 Tue Aug 2022||66.65||66.10||67.95||66.10||1.143 times|
|01 Mon Aug 2022||66.35||65.20||66.65||64.90||0.199 times|
|29 Fri Jul 2022||64.30||65.15||65.15||63.75||0.109 times|
|28 Thu Jul 2022||64.70||64.55||65.25||64.50||0.282 times|
|27 Wed Jul 2022||64.60||64.60||64.65||64.55||0.821 times|
|26 Tue Jul 2022||64.30||65.65||65.65||64.25||0.1 times|
|25 Mon Jul 2022||66.50||66.25||68.10||65.80||0.704 times|
|22 Fri Jul 2022||68.10||68.70||68.70||67.50||0.015 times|
|21 Thu Jul 2022||68.50||68.30||71.45||67.00||2.809 times|
My analysis of stock is bullish for shortterm, and stock might move up till 67.4 or till 69.6. Use a stoploss of 65.55 and if this stock hits its stoploss, then it can fall down till 63.7
Share price targets for Maha Steel (MahaSteel)
Intraday share price targets for Maha Steel (MahaSteel)
|Downside Intraday Target||63.45|
|Downside Intraday Target||60.75|
|Upside Intraday Target||68.4|
|Upside Intraday Target||70.65|
|Downside Intraday Target||65.7|
Weekly technical analysis of Maha Steel (MahaSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Wed Aug 2022||66.15||65.20||67.95||63.00||1.012 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|
|03 Wed Aug 2022||66.15||65.20||67.95||63.00||0.11 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||27, 24, 6||Buy|
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 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 to mid 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 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 Weak and stock is losing 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 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 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 and the buying is gaining 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 66.94 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 has given negative 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.