Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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, -0Buy
Stochastics 50None
CCI 87Buy
RSI 53Buy
OBV 14294Sell
VWAP 70Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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.

Click here for Maha Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme