(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 2021-09-06 View latest technical analysis
10 day averaged volume of Mahaan Foods is 620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Sep 2021 | 20.00 | 21.10 | 21.10 | 20.00 | 5.858 times |
| 03 Fri Sep 2021 | 20.75 | 21.75 | 21.75 | 20.70 | 3.253 times |
| 02 Thu Sep 2021 | 21.70 | 23.30 | 23.30 | 21.70 | 1.308 times |
| 01 Wed Sep 2021 | 22.80 | 21.50 | 22.80 | 21.15 | 1.171 times |
| 31 Tue Aug 2021 | 22.25 | 21.60 | 22.40 | 21.55 | 1.306 times |
| 30 Mon Aug 2021 | 21.70 | 21.95 | 21.95 | 21.70 | 0.024 times |
| 27 Fri Aug 2021 | 21.50 | 22.00 | 22.00 | 20.05 | 0.197 times |
| 26 Thu Aug 2021 | 21.05 | 21.95 | 21.95 | 20.25 | 0.602 times |
| 25 Wed Aug 2021 | 21.05 | 21.05 | 21.05 | 21.05 | 0.403 times |
| 24 Tue Aug 2021 | 20.20 | 20.00 | 20.20 | 19.25 | 1.042 times |
Stock of Mahaan Foods (MahaanFoods) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.2, but if it comes above 20.2, then a intra day buy could be more profitable.
If you take a sell trade below 20.2, then use 20.2 as stoploss and 19.2 as target. However if you take a buy trade in stock , then use 20.2 as stoploss and 21.06 as target.
Share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Target | 15.25 |
| Downside Target | 16.95 |
| Downside Target | 19.25 |
| Upside Target | 20.70 |
| Upside Target | 21.95 |
| Upside Target | 22.00 |
| 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 | 19.63 |
| Downside Intraday Target | 19.27 |
| Upside Intraday Target | 20.73 |
| Upside Intraday Target | 21.47 |
| Upside Intraday Target | 20.37 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Sep 2021 | 20.00 | 21.10 | 21.10 | 20.00 | 0.829 times |
| 03 Fri Sep 2021 | 20.75 | 21.95 | 23.30 | 20.70 | 2.409 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 |
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 Mahaan Foods (MahaanFoods)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Mon Sep 2021 | 20.00 | 21.50 | 23.30 | 20.00 | 0.27 times |
| 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 |
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 | 15, 23, 22 | Sell |
| MACD | -1, -1 | Buy |
| Stochastics | 39 | None |
| CCI | -99 | Sell |
| RSI | 47 | Sell |
| OBV | -4805 | Sell |
| VWAP | 21 | Sell |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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 Mahaan Foods ( (MahaanFoods) ) 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Mahaan Foods in short term but the buy signal is initial and weak.
Mahaan Foods 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 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
Stock of Mahaan Foods is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.82 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 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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