(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)
Showing technical analysis as on 2021-08-31 View latest technical analysis
10 day averaged volume of Mahaan Foods is 522
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Aug 2021 | 22.25 | 21.60 | 22.40 | 21.55 | 1.552 times |
| 30 Mon Aug 2021 | 21.70 | 21.95 | 21.95 | 21.70 | 0.029 times |
| 27 Fri Aug 2021 | 21.50 | 22.00 | 22.00 | 20.05 | 0.234 times |
| 26 Thu Aug 2021 | 21.05 | 21.95 | 21.95 | 20.25 | 0.715 times |
| 25 Wed Aug 2021 | 21.05 | 21.05 | 21.05 | 21.05 | 0.479 times |
| 24 Tue Aug 2021 | 20.20 | 20.00 | 20.20 | 19.25 | 1.238 times |
| 23 Mon Aug 2021 | 19.30 | 21.00 | 21.00 | 19.25 | 0.818 times |
| 20 Fri Aug 2021 | 20.00 | 21.00 | 21.20 | 20.00 | 0.883 times |
| 18 Wed Aug 2021 | 20.45 | 20.40 | 21.45 | 20.40 | 0.299 times |
| 17 Tue Aug 2021 | 21.45 | 20.45 | 21.45 | 19.55 | 3.96 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22.1, but if it comes below 22.1, then a intra day sell could be more profitable.
If you take a sell trade below 22.1, then use 22.1 as stoploss and 21.24 as target. However if you take a buy trade in stock , then use 22.1 as stoploss and 23.1 as target.
Share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Target | 15.25 |
| Downside Target | 15.60 |
| Downside Target | 16.95 |
| Downside Target | 19.25 |
| Downside Target | 20.85 |
| Downside Target | 21.55 |
| Downside Target | 22.00 |
| Upside Target | 22.40 |
| Upside Target | 22.95 |
| Upside Target | 23.30 |
| Upside Target | 39.30 |
Intraday share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Intraday Target | 21.73 |
| Downside Intraday Target | 21.22 |
| Upside Intraday Target | 22.58 |
| Upside Intraday Target | 22.92 |
| Downside Intraday Target | 22.07 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Aug 2021 | 22.25 | 21.95 | 22.40 | 21.55 | 0.454 times |
| 27 Fri Aug 2021 | 21.50 | 21.00 | 22.00 | 19.25 | 0.537 times |
| 20 Fri Aug 2021 | 20.00 | 21.50 | 21.95 | 19.55 | 0.446 times |
| 13 Fri Aug 2021 | 21.50 | 21.55 | 22.95 | 20.00 | 0.582 times |
| 06 Fri Aug 2021 | 22.20 | 21.95 | 23.30 | 20.85 | 0.281 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 Mahaan Foods (MahaanFoods)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Tue Aug 2021 | 22.25 | 21.95 | 23.30 | 19.25 | 0.243 times |
| 30 Fri Jul 2021 | 21.55 | 39.30 | 39.30 | 20.10 | 0.438 times |
| 30 Wed Jun 2021 | 39.00 | 18.50 | 39.30 | 16.95 | 6.852 times |
| 31 Mon May 2021 | 18.30 | 16.20 | 19.90 | 15.25 | 4.067 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 Mahaan Foods (MahaanFoods)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 17, 17, 0 | Sell |
| MACD | -2, -2 | Buy |
| Stochastics | 89 | Buy |
| CCI | 144 | Buy |
| RSI | 50 | Sell |
| OBV | 5745 | Sell |
| VWAP | 21 | Buy |
| ADL | 0 | Sell |
| ROC | 9 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mahaan Foods ( (MahaanFoods) ) 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 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
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 BUY signal for Mahaan Foods in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mahaan Foods Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up
CCI has generated a buy signal for Mahaan Foods in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 21.05 and Mahaan Foods (MahaanFoods) 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 Mahaan Foods (MahaanFoods) stock. Volume based technical analysis of Mahaan Foods (MahaanFoods) stock is negative.
Mahaan Foods Stock is giving positive 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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