(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 2022-11-25 View latest technical analysis
10 day averaged volume of Maha Steel is 3176
|Date||Daily Closing Price||Open||High||Low||Volume|
|25 Fri Nov 2022||69.05||68.20||69.80||68.20||1.378 times|
|24 Thu Nov 2022||67.50||67.70||69.45||66.95||4.688 times|
|23 Wed Nov 2022||67.80||71.50||71.50||65.15||0.282 times|
|22 Tue Nov 2022||67.40||68.75||69.35||67.00||0.356 times|
|21 Mon Nov 2022||66.35||68.85||69.30||65.15||0.889 times|
|18 Fri Nov 2022||68.65||69.65||69.65||67.25||1.306 times|
|17 Thu Nov 2022||67.25||68.20||69.75||67.00||0.287 times|
|16 Wed Nov 2022||68.10||67.60||70.50||67.25||0.768 times|
|15 Tue Nov 2022||70.20||69.90||70.30||69.90||0.011 times|
|14 Mon Nov 2022||69.45||69.55||70.00||68.10||0.62 times|
My analysis of stock is bullish for shortterm, and stock might move up till 69.9 or till 71.2. Use a stoploss of 68.78 and if this stock hits its stoploss, then it can fall down till 67.69
Share price targets for Maha Steel (MahaSteel)
Intraday share price targets for Maha Steel (MahaSteel)
|Downside Intraday Target||65.63|
|Downside Intraday Target||62.22|
|Upside Intraday Target||71.98|
|Upside Intraday Target||74.92|
|Downside Intraday Target||68.57|
Weekly technical analysis of Maha Steel (MahaSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|25 Fri Nov 2022||69.05||68.85||71.50||65.15||2.537 times|
|18 Fri Nov 2022||68.65||69.55||70.50||67.00||0.547 times|
|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|
Price has moved up 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|
|25 Fri Nov 2022||69.05||69.40||72.75||65.15||1.629 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Maha Steel (MahaSteel)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||16, 16, 0||Sell|
Price action analysis of Maha Steel ( (MahaSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 mid to longer 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
ADX buy sell signal for Maha Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Maha Steel in short term and the sell 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 weakening, and bulls are picking up momentum!
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 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 67.91 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 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.