(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 2023-01-20 View latest technical analysis
10 day averaged volume of Maha Steel is 2956
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Jan 2023 | 71.50 | 70.00 | 74.45 | 69.85 | 3.954 times |
| 19 Thu Jan 2023 | 70.85 | 72.10 | 72.40 | 69.80 | 0.622 times |
| 18 Wed Jan 2023 | 72.10 | 71.40 | 72.20 | 70.50 | 0.562 times |
| 17 Tue Jan 2023 | 70.80 | 72.75 | 72.95 | 70.00 | 0.523 times |
| 16 Mon Jan 2023 | 71.50 | 71.85 | 71.95 | 71.20 | 1.225 times |
| 13 Fri Jan 2023 | 71.00 | 72.05 | 72.05 | 70.30 | 0.075 times |
| 12 Thu Jan 2023 | 71.00 | 71.55 | 72.55 | 70.75 | 0.609 times |
| 11 Wed Jan 2023 | 72.05 | 71.10 | 73.00 | 70.55 | 4.269 times |
| 10 Tue Jan 2023 | 70.50 | 71.40 | 71.60 | 70.20 | 1.465 times |
| 09 Mon Jan 2023 | 70.45 | 70.00 | 72.00 | 70.00 | 0.452 times |
Stock of Maha Steel (MahaSteel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 72.7 or till 75.1. Use a stoploss of 70.74 and if this stock hits its stoploss, then it can fall down till 68.76
Share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Target | 59.50 |
| Downside Target | 62.05 |
| Downside Target | 63.55 |
| Downside Target | 65.15 |
| Downside Target | 68.00 |
| Downside Target | 69.80 |
| Upside Target | 72.75 |
| Upside Target | 74.45 |
| Upside Target | 74.50 |
| Upside Target | 77.00 |
| Upside Target | 79.70 |
Intraday share price targets for Maha Steel (MahaSteel)
| Target Type | Value |
| Downside Intraday Target | 69.38 |
| Downside Intraday Target | 67.27 |
| Upside Intraday Target | 74.03 |
| Upside Intraday Target | 76.57 |
| Upside Intraday Target | 71.92 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Jan 2023 | 71.50 | 71.85 | 74.45 | 69.80 | 1.002 times |
| 13 Fri Jan 2023 | 71.00 | 70.00 | 73.00 | 70.00 | 0.923 times |
| 06 Fri Jan 2023 | 70.20 | 70.95 | 74.50 | 68.00 | 0.211 times |
| 30 Fri Dec 2022 | 70.95 | 62.30 | 77.00 | 62.05 | 4.914 times |
| 23 Fri Dec 2022 | 60.80 | 68.60 | 70.00 | 59.50 | 1.696 times |
Price has moved up 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 |
| 20 Fri Jan 2023 | 71.50 | 70.95 | 74.50 | 68.00 | 0.358 times |
| 30 Fri Dec 2022 | 70.95 | 68.90 | 77.00 | 59.50 | 2.328 times |
| 30 Wed Nov 2022 | 68.50 | 69.40 | 72.75 | 65.15 | 2.032 times |
| 31 Mon Oct 2022 | 69.15 | 72.30 | 74.15 | 63.55 | 0.473 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, 16, 15 | Buy |
| MACD | 1, 1 | Buy |
| Stochastics | 49 | None |
| CCI | 117 | Buy |
| RSI | 56 | Buy |
| OBV | 96959 | Sell |
| VWAP | 71 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 green color and prices are above the green 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 71.47 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 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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