(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 2022-11-02 View latest technical analysis
10 day averaged volume of Maha Steel is 2409
|Date||Daily Closing Price||Open||High||Low||Volume|
|02 Wed Nov 2022||68.50||69.95||70.00||67.85||0.478 times|
|01 Tue Nov 2022||70.15||69.40||70.20||68.95||0.462 times|
|31 Mon Oct 2022||69.15||68.55||69.45||67.50||0.218 times|
|28 Fri Oct 2022||68.95||69.15||69.40||68.95||0.037 times|
|27 Thu Oct 2022||68.00||67.85||68.55||67.55||0.259 times|
|25 Tue Oct 2022||67.95||66.25||68.10||66.20||0.626 times|
|24 Mon Oct 2022||66.85||68.60||68.60||63.55||0.23 times|
|21 Fri Oct 2022||67.30||69.65||69.90||65.55||5.453 times|
|20 Thu Oct 2022||67.20||67.50||68.80||67.20||0.2 times|
|19 Wed Oct 2022||68.60||69.80||71.20||68.35||1.318 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 67.9 as stoploss in an intra day buy trade for a target of 69.28. However, stock will show a bearish move below 67.9.
Share price targets for Maha Steel (MahaSteel)
Intraday share price targets for Maha Steel (MahaSteel)
|Downside Intraday Target||67.27|
|Downside Intraday Target||66.03|
|Upside Intraday Target||69.97|
|Upside Intraday Target||71.43|
|Upside Intraday Target||68.73|
Weekly technical analysis of Maha Steel (MahaSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|02 Wed Nov 2022||68.50||68.55||70.20||67.50||1.005 times|
|28 Fri Oct 2022||68.95||68.60||69.40||63.55||0.141 times|
|21 Fri Oct 2022||67.30||68.50||71.20||65.55||4.741 times|
|14 Fri Oct 2022||69.75||66.65||72.10||66.20||0.422 times|
|07 Fri Oct 2022||71.50||72.30||74.15||68.85||1.694 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|
|02 Wed Nov 2022||68.50||69.40||70.20||67.85||0.061 times|
|31 Mon Oct 2022||69.15||72.30||74.15||63.55||0.473 times|
|30 Fri Sep 2022||72.10||68.25||79.70||66.30||1.373 times|
|30 Tue Aug 2022||68.75||65.20||74.00||57.80||1.138 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||16, 27, 26||Sell|
Price action analysis of Maha Steel ( (MahaSteel) ) based on a short 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 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 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 BUY signal for Maha Steel in short term but the buy signal is initial and weak.
Maha Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 67.79 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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