(MahaanFoods) Mahaan Foods complete technical analysis [charts+indicators] | Buy/Sell Mahaan Foods | (MahaanFoods) share price targets
Complete technical analysis of Mahaan Foods (MahaanFoods) by charts plus indicators, forecast predictions and share price targets for Mahaan Foods (MahaanFoods)
10 day averaged volume of Mahaan Foods is 375
Date | Daily Closing Price | Open | High | Low | Volume |
26 Thu May 2022 | 19.00 | 19.00 | 20.00 | 18.80 | 0.256 times |
25 Wed May 2022 | 19.50 | 19.25 | 19.50 | 19.25 | 0.299 times |
24 Tue May 2022 | 19.50 | 20.00 | 20.00 | 19.50 | 0.16 times |
23 Mon May 2022 | 19.75 | 19.80 | 20.50 | 19.50 | 3.827 times |
20 Fri May 2022 | 19.75 | 19.75 | 19.75 | 19.75 | 0.267 times |
19 Thu May 2022 | 20.75 | 20.75 | 20.75 | 20.75 | 0.067 times |
18 Wed May 2022 | 21.00 | 21.00 | 21.40 | 19.80 | 0.597 times |
17 Tue May 2022 | 20.50 | 20.50 | 20.50 | 20.50 | 0.387 times |
16 Mon May 2022 | 20.00 | 20.70 | 20.70 | 20.00 | 1.36 times |
13 Fri May 2022 | 20.40 | 20.25 | 20.40 | 20.25 | 0.493 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.5, but if it comes above 19.5, then a intra day buy could be more profitable.
If you take a sell trade below 19.5, then use 19.5 as stoploss and 18.6 as target. However if you take a buy trade in stock , then use 19.5 as stoploss and 20.26 as target.
Share price targets for Mahaan Foods (MahaanFoods)
Target Type | Value |
Downside Target | 18.80 |
Upside Target | 19.75 |
Upside Target | 20.40 |
Upside Target | 21.40 |
Upside Target | 21.70 |
Upside Target | 22.00 |
Upside Target | 23.00 |
Upside Target | 24.20 |
Upside Target | 26.95 |
Upside Target | 29.40 |
Intraday share price targets for Mahaan Foods (MahaanFoods)
Target Type | Value |
Downside Intraday Target | 18.37 |
Downside Intraday Target | 17.73 |
Upside Intraday Target | 20.07 |
Upside Intraday Target | 21.13 |
Upside Intraday Target | 19.43 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Thu May 2022 | 19.00 | 19.80 | 20.50 | 18.80 | 1.696 times |
20 Fri May 2022 | 19.75 | 20.70 | 21.40 | 19.75 | 0.316 times |
13 Fri May 2022 | 20.40 | 19.95 | 20.40 | 19.15 | 0.422 times |
06 Fri May 2022 | 19.95 | 21.45 | 22.00 | 19.95 | 0.346 times |
29 Fri Apr 2022 | 21.50 | 21.70 | 21.70 | 19.80 | 0.985 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 Mahaan Foods (MahaanFoods)
Date | Monthly Closing Price | Open | High | Low | Volume |
26 Thu May 2022 | 19.00 | 21.45 | 22.00 | 18.80 | 0.261 times |
29 Fri Apr 2022 | 21.50 | 23.40 | 24.20 | 19.80 | 0.604 times |
31 Thu Mar 2022 | 22.95 | 22.50 | 29.40 | 19.80 | 1.071 times |
28 Mon Feb 2022 | 21.25 | 21.80 | 23.00 | 19.00 | 0.341 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 Mahaan Foods (MahaanFoods)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 23, 23, 0 | Sell |
MACD | -1, -1 | Sell |
Stochastics | 13 | Sell |
CCI | -116 | Sell |
RSI | 44 | Sell |
OBV | -1639 | Sell |
VWAP | 20 | Sell |
ADL | 0 | Sell |
ROC | -6 | Sell |
Force Index | 0 | Sell |
Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short term time period is
Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short 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 Mahaan Foods ( (MahaanFoods) ) 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 Mahaan Foods ( (MahaanFoods) ) 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 Mahaan Foods stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mahaan Foods in short term and the sell signal is strong.
Mahaan Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for Mahaan Foods in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 Mahaan Foods is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.94 and Mahaan Foods (MahaanFoods) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mahaan Foods (MahaanFoods) stock. Volume based technical analysis of Mahaan Foods (MahaanFoods) stock is negative.
Mahaan Foods 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.
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