(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 2021-09-16 View latest technical analysis
10 day averaged volume of Mahaan Foods is 923
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Thu Sep 2021||21.65||21.50||21.65||20.70||2.369 times|
|15 Wed Sep 2021||20.65||20.65||21.65||20.65||0.126 times|
|14 Tue Sep 2021||21.65||21.05||21.65||20.30||0.293 times|
|13 Mon Sep 2021||20.85||21.60||21.80||20.55||0.494 times|
|09 Thu Sep 2021||21.60||21.75||21.75||21.00||0.458 times|
|08 Wed Sep 2021||20.90||21.00||21.00||20.15||0.116 times|
|07 Tue Sep 2021||20.90||20.00||20.90||20.00||0.724 times|
|06 Mon Sep 2021||20.00||21.10||21.10||20.00||3.935 times|
|03 Fri Sep 2021||20.75||21.75||21.75||20.70||2.185 times|
|02 Thu Sep 2021||21.70||23.30||23.30||21.70||0.879 times|
Stock of Mahaan Foods (MahaanFoods) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 21.9 as stoploss in an intra day sell trade for a target of 21.05. However, stock will show a bullish move above 21.9.
Share price targets for Mahaan Foods (MahaanFoods)
Intraday share price targets for Mahaan Foods (MahaanFoods)
|Downside Intraday Target||20.7|
|Downside Intraday Target||19.75|
|Upside Intraday Target||22.2|
|Upside Intraday Target||22.75|
|Downside Intraday Target||21.25|
Weekly technical analysis of Mahaan Foods (MahaanFoods)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Thu Sep 2021||21.65||21.60||21.80||20.30||0.627 times|
|09 Thu Sep 2021||21.60||21.10||21.75||20.00||1.103 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|
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|
|16 Thu Sep 2021||21.65||21.50||23.30||20.00||0.428 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||13, 18, 17||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 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 to mid 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 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 gaining 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 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 weakening, and bulls are picking up momentum!
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 but selling is losing 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 20.82 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 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.