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(MadhusInd) Madhus Ind complete technical analysis [charts+indicators] | Buy/Sell Madhus Ind | (MadhusInd) share price targets

Complete technical analysis of Madhus Ind (MadhusInd) by charts plus indicators, forecast predictions and share price targets for Madhus Ind (MadhusInd)

Showing technical analysis as on 2023-03-08 View latest technical analysis

10 day averaged volume of Madhus Ind is 6635

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Mar 2023	21.38	18.76	21.69	18.76	0.083 times
06 Mon Mar 2023	20.80	20.55	21.49	20.55	0.249 times
03 Fri Mar 2023	20.72	20.21	22.96	20.00	4.375 times
02 Thu Mar 2023	21.98	21.98	21.98	21.98	0 times
01 Wed Mar 2023	21.34	21.90	21.90	21.00	0.141 times
28 Tue Feb 2023	21.30	22.75	22.75	21.30	0.361 times
27 Mon Feb 2023	21.75	21.70	22.00	21.35	0.781 times
24 Fri Feb 2023	21.80	23.75	23.75	21.00	0.883 times
23 Thu Feb 2023	21.85	21.85	22.45	21.85	0.069 times
22 Wed Feb 2023	21.90	21.30	22.90	20.70	2.374 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.1 as stoploss in an intra day buy trade for a target of 21.83. However, stock will show a bearish move below 21.1.

Share price targets for Madhus Ind (MadhusInd)

Target Type	Value
Downside Target	18.76
Downside Target	19.90
Upside Target	21.55
Upside Target	22.96
Upside Target	24.20
Upside Target	24.30
Upside Target	24.45
Upside Target	24.65
Upside Target	25.30
Upside Target	27.65

Intraday share price targets for Madhus Ind (MadhusInd)

Target Type	Value
Downside Intraday Target	19.53
Downside Intraday Target	17.68
Upside Intraday Target	22.46
Upside Intraday Target	23.54
Downside Intraday Target	20.61

Weekly technical analysis of Madhus Ind (MadhusInd)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Mar 2023	21.38	20.55	21.69	18.76	0.059 times
03 Fri Mar 2023	20.72	21.70	22.96	20.00	1.363 times
24 Fri Feb 2023	21.80	20.50	24.20	20.50	2.883 times
17 Fri Feb 2023	21.00	24.30	24.30	20.05	0.828 times
10 Fri Feb 2023	22.10	24.00	25.30	21.55	1.955 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 Madhus Ind (MadhusInd)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed Mar 2023	21.38	21.90	22.96	18.76	0.523 times
28 Tue Feb 2023	21.30	22.05	25.30	20.05	1.382 times
31 Tue Jan 2023	22.10	22.85	24.45	21.75	0.18 times
30 Fri Dec 2022	22.90	20.70	27.65	20.10	1.365 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 Madhus Ind (MadhusInd)

Price action analysis of Madhus Ind ( (MadhusInd) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Madhus Ind ( (MadhusInd) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Madhus Ind ( (MadhusInd) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Madhus Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Madhus Ind 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.

Madhus Ind Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Madhus Ind 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Madhus Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.26 and Madhus Ind (MadhusInd) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Madhus Ind (MadhusInd) stock. Volume based technical analysis of Madhus Ind (MadhusInd) stock is negative.

Madhus Ind 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.