(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 2022-11-11 View latest technical analysis
10 day averaged volume of Maha Steel is 2533
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 69.75 | 70.95 | 72.00 | 68.65 | 0.993 times |
| 10 Thu Nov 2022 | 69.35 | 70.00 | 70.45 | 67.95 | 1.616 times |
| 09 Wed Nov 2022 | 70.20 | 72.75 | 72.75 | 69.25 | 1.897 times |
| 07 Mon Nov 2022 | 69.80 | 68.55 | 70.90 | 68.55 | 2.361 times |
| 04 Fri Nov 2022 | 69.85 | 67.00 | 70.00 | 67.00 | 2.737 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 | 0.454 times |
| 01 Tue Nov 2022 | 70.15 | 69.40 | 70.20 | 68.95 | 0.439 times |
| 31 Mon Oct 2022 | 69.15 | 68.55 | 69.45 | 67.50 | 0.207 times |
| 28 Fri Oct 2022 | 68.95 | 69.15 | 69.40 | 68.95 | 0.035 times |
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 69.9 as stoploss in an intra day sell trade for a target of 68.88. However, stock will show a bullish move above 69.9.
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 | 69.40 |
| Upside Target | 71.45 |
| Upside Target | 72.10 |
| Upside Target | 72.75 |
| 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 | 67.55 |
| Downside Intraday Target | 65.35 |
| Upside Intraday Target | 72.35 |
| Upside Intraday Target | 74.95 |
| Upside Intraday Target | 70.15 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 69.75 | 68.55 | 72.75 | 67.95 | 1.786 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, 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 |
| 11 Fri Nov 2022 | 69.75 | 69.40 | 72.75 | 67.00 | 0.72 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 | 27, 19, 17 | Buy |
| MACD | 0, -0 | Buy |
| Stochastics | 50 | None |
| CCI | 87 | Buy |
| RSI | 53 | Buy |
| OBV | 14294 | Sell |
| VWAP | 70 | Sell |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 Weak and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
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 but buying is losing 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 69.75 and Maha Steel (MahaSteel) stock is trading below this level. This means that stock is falling with high volumes. 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.
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