(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 2022-08-11 View latest technical analysis
10 day averaged volume of Maha Steel is 1789
|Date||Daily Closing Price||Open||High||Low||Volume|
|11 Thu Aug 2022||65.60||66.00||68.00||62.25||0.135 times|
|10 Wed Aug 2022||65.65||66.45||66.45||65.20||2.652 times|
|08 Mon Aug 2022||65.95||65.30||65.95||65.30||0.136 times|
|05 Fri Aug 2022||64.25||64.95||66.40||64.20||1.714 times|
|04 Thu Aug 2022||65.30||66.05||66.90||65.05||0.58 times|
|03 Wed Aug 2022||66.15||63.00||66.65||63.00||1.054 times|
|02 Tue Aug 2022||66.65||66.10||67.95||66.10||1.729 times|
|01 Mon Aug 2022||66.35||65.20||66.65||64.90||0.301 times|
|29 Fri Jul 2022||64.30||65.15||65.15||63.75||0.164 times|
|28 Thu Jul 2022||64.70||64.55||65.25||64.50||0.427 times|
My analysis of stock is bearish for shortterm, and stock might move down till 64.5 or till 62.8. Use a stoploss of 65.97 and if the stock hits stoploss, then it can shoot up till 67.42
Share price targets for Maha Steel (MahaSteel)
Intraday share price targets for Maha Steel (MahaSteel)
|Downside Intraday Target||62.57|
|Downside Intraday Target||59.53|
|Upside Intraday Target||68.32|
|Upside Intraday Target||71.03|
|Downside Intraday Target||65.28|
Weekly technical analysis of Maha Steel (MahaSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|11 Thu Aug 2022||65.60||65.30||68.00||62.25||0.543 times|
|05 Fri Aug 2022||64.25||65.20||67.95||63.00||1.764 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|
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|
|11 Thu Aug 2022||65.60||65.20||68.00||62.25||0.297 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||18, 27, 20||Sell|
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 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 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 Strong 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 below 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 negative zone. This is the SELL 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 65.57 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.