(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)
10 day averaged volume of Maha Steel is 5065
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Jun 2023 | 63.23 | 64.00 | 65.00 | 62.55 | 0.972 times |
| 31 Wed May 2023 | 64.00 | 63.45 | 64.75 | 62.80 | 0.247 times |
| 30 Tue May 2023 | 65.08 | 67.69 | 67.69 | 64.80 | 0.671 times |
| 29 Mon May 2023 | 67.69 | 65.00 | 73.03 | 62.51 | 5.818 times |
| 26 Fri May 2023 | 65.04 | 63.37 | 65.40 | 62.65 | 0.012 times |
| 25 Thu May 2023 | 63.05 | 62.70 | 64.65 | 62.57 | 0.077 times |
| 24 Wed May 2023 | 63.81 | 63.00 | 63.95 | 63.00 | 0.005 times |
| 23 Tue May 2023 | 63.33 | 60.93 | 63.59 | 60.93 | 0.289 times |
| 22 Mon May 2023 | 61.37 | 63.00 | 65.00 | 61.00 | 1.065 times |
| 19 Fri May 2023 | 63.72 | 64.21 | 65.95 | 62.41 | 1.309 times |
My analysis of stock is bearish for shortterm, and stock might move down till 62.1 or till 59.6. Use a stoploss of 64.26 and if the stock hits stoploss, then it can shoot up till 66.38
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 49.50 |
| Downside Target | 51.25 |
| Downside Target | 58.30 |
| Downside Target | 60.93 |
| Upside Target | 65.00 |
| Upside Target | 67.20 |
| Upside Target | 67.50 |
| Upside Target | 67.75 |
| Upside Target | 70.15 |
| Upside Target | 73.03 |
| Upside Target | 74.25 |
| Upside Target | 75.50 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 59.48 |
| Downside Intraday Target | 55.74 |
| Upside Intraday Target | 70 |
| Upside Intraday Target | 76.78 |
| Upside Intraday Target | 66.26 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Jun 2023 | 63.23 | 65.00 | 73.03 | 62.51 | 5.323 times |
| 26 Fri May 2023 | 65.04 | 63.00 | 65.40 | 60.93 | 0.339 times |
| 19 Fri May 2023 | 63.72 | 61.70 | 67.20 | 61.70 | 0.532 times |
| 12 Fri May 2023 | 63.50 | 69.60 | 70.15 | 59.45 | 0.55 times |
| 05 Fri May 2023 | 70.20 | 71.99 | 75.50 | 67.75 | 0.795 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Maha Steel (MahaSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Thu Jun 2023 | 63.23 | 64.00 | 65.00 | 62.55 | 0.028 times |
| 31 Wed May 2023 | 64.00 | 71.99 | 75.50 | 59.45 | 1.365 times |
| 28 Fri Apr 2023 | 70.90 | 51.25 | 74.25 | 51.25 | 2.522 times |
| 31 Fri Mar 2023 | 50.05 | 60.95 | 65.80 | 49.50 | 0.695 times |
Scroll below to view daily charts
Price has moved down 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)
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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Maha Steel ( (MahaSteel) ) based on a mid to longer 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.
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 SELL signal for Maha Steel in short term but the sell signal is initial and weak.
Maha Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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
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 65.72 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.
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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Maha Steel ( (MahaSteel) ) based on a mid to longer 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.
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 SELL signal for Maha Steel in short term but the sell signal is initial and weak.
Maha Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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
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 65.72 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.
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