(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 2023-01-23 View latest technical analysis
10 day averaged volume of Maha Steel is 4066
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 70.80 | 71.80 | 72.80 | 70.20 | 0.362 times |
| 20 Fri Jan 2023 | 71.50 | 70.00 | 74.45 | 69.85 | 2.874 times |
| 19 Thu Jan 2023 | 70.85 | 72.10 | 72.40 | 69.80 | 0.452 times |
| 18 Wed Jan 2023 | 72.10 | 71.40 | 72.20 | 70.50 | 0.408 times |
| 17 Tue Jan 2023 | 70.80 | 72.75 | 72.95 | 70.00 | 0.38 times |
| 16 Mon Jan 2023 | 71.50 | 71.85 | 71.95 | 71.20 | 0.891 times |
| 13 Fri Jan 2023 | 71.00 | 72.05 | 72.05 | 70.30 | 0.055 times |
| 12 Thu Jan 2023 | 71.00 | 71.55 | 72.55 | 70.75 | 0.442 times |
| 11 Wed Jan 2023 | 72.05 | 71.10 | 73.00 | 70.55 | 3.103 times |
| 10 Tue Jan 2023 | 70.50 | 71.40 | 71.60 | 70.20 | 1.065 times |
My analysis of stock is bearish for shortterm, and stock might move down till 70.3 or till 69.2. Use a stoploss of 71.13 and if the stock hits stoploss, then it can shoot up till 72.01
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 | 69.73 |
| Downside Intraday Target | 68.67 |
| Upside Intraday Target | 72.33 |
| Upside Intraday Target | 73.87 |
| Upside Intraday Target | 71.27 |
Weekly technical analysis of Maha Steel (MahaSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Jan 2023 | 70.80 | 71.80 | 72.80 | 70.20 | 0.072 times |
| 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 |
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 |
| 23 Mon Jan 2023 | 70.80 | 70.95 | 74.50 | 68.00 | 0.367 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 down 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 | 20, 15, 15 | Buy |
| MACD | 1, 1 | Sell |
| Stochastics | 31 | None |
| CCI | -25 | Sell |
| RSI | 57 | Buy |
| OBV | 103728 | Sell |
| VWAP | 71 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 SELL signal for Maha Steel in short term but the sell signal is initial and weak.
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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Maha Steel in short term and SELL 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
Stock of Maha Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 71.48 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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