(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 2022-11-07 View latest technical analysis
10 day averaged volume of Maha Steel is 2565
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 69.80 | 68.55 | 70.90 | 68.55 | 2.331 times |
| 04 Fri Nov 2022 | 69.85 | 67.00 | 70.00 | 67.00 | 2.703 times |
| 03 Thu Nov 2022 | 68.05 | 68.40 | 68.40 | 67.85 | 0.007 times |
| 02 Wed Nov 2022 | 68.50 | 69.95 | 70.00 | 67.85 | 0.449 times |
| 01 Tue Nov 2022 | 70.15 | 69.40 | 70.20 | 68.95 | 0.434 times |
| 31 Mon Oct 2022 | 69.15 | 68.55 | 69.45 | 67.50 | 0.205 times |
| 28 Fri Oct 2022 | 68.95 | 69.15 | 69.40 | 68.95 | 0.034 times |
| 27 Thu Oct 2022 | 68.00 | 67.85 | 68.55 | 67.55 | 0.243 times |
| 25 Tue Oct 2022 | 67.95 | 66.25 | 68.10 | 66.20 | 0.588 times |
| 24 Mon Oct 2022 | 66.85 | 68.60 | 68.60 | 63.55 | 0.216 times |
Stock of Maha Steel (MahaSteel) has showed a significant fall. This could be a good time to exit from this stock.
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 70.2 as stoploss in an intra day sell trade for a target of 69.01. However, stock will show a bullish move above 70.2.
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 57.80 |
| Downside Target | 60.00 |
| Downside Target | 63.55 |
| Downside Target | 65.55 |
| Downside Target | 68.55 |
| Upside Target | 70.90 |
| Upside Target | 71.20 |
| Upside Target | 71.45 |
| Upside Target | 72.10 |
| Upside Target | 74.00 |
| Upside Target | 74.15 |
| Upside Target | 79.70 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 68.6 |
| Downside Intraday Target | 67.4 |
| Upside Intraday Target | 70.95 |
| Upside Intraday Target | 72.1 |
| Downside Intraday Target | 69.75 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 69.80 | 68.55 | 70.90 | 68.55 | 0.614 times |
| 04 Fri Nov 2022 | 69.85 | 68.55 | 70.20 | 67.00 | 3.511 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 |
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 |
| 07 Mon Nov 2022 | 69.80 | 69.40 | 70.90 | 67.00 | 0.411 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 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 | 22, 21, 2 | Buy |
| MACD | -0, -0 | Buy |
| Stochastics | 82 | Buy |
| CCI | 102 | Buy |
| RSI | 56 | Buy |
| OBV | 5039 | Sell |
| VWAP | 69 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 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 mid to longer term time period is
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 but the buy signal is initial and weak.
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 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 in or above the red cloud Prices appear to be coming down
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 and the buying is gaining 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 69.43 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 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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