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(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 2021-09-22 View latest technical analysis

10 day averaged volume of Mahaan Foods is 525

Date Daily Closing Price Open High Low Volume
22 Wed Sep 2021 20.25 20.50 20.60 20.25 0.935 times
21 Tue Sep 2021 20.60 22.35 22.35 20.60 0.2 times
20 Mon Sep 2021 21.30 23.10 23.10 21.10 0.848 times
17 Fri Sep 2021 22.20 22.50 22.65 21.25 0.909 times
16 Thu Sep 2021 21.65 21.50 21.65 20.70 4.166 times
15 Wed Sep 2021 20.65 20.65 21.65 20.65 0.221 times
14 Tue Sep 2021 21.65 21.05 21.65 20.30 0.514 times
13 Mon Sep 2021 20.85 21.60 21.80 20.55 0.869 times
09 Thu Sep 2021 21.60 21.75 21.75 21.00 0.806 times
08 Wed Sep 2021 20.90 21.00 21.00 20.15 0.204 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.6, but if it comes above 20.6, then a intra day buy could be more profitable.
If you take a sell trade below 20.6, then use 20.6 as stoploss and 19.8 as target. However if you take a buy trade in stock , then use 20.6 as stoploss and 21.27 as target.

Share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Target 15.25
Downside Target 16.95
Downside Target 19.25
Downside Target 19.90
Upside Target 21.75
Upside Target 22.65
Upside Target 23.10
Upside Target 23.30
Upside Target 39.30

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Intraday Target 19.3
Downside Intraday Target 18.35
Upside Intraday Target 22.15
Upside Intraday Target 24.05
Upside Intraday Target 21.2

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date Weekly Closing Price Open High Low Volume
22 Wed Sep 2021 20.25 23.10 23.10 20.25 0.297 times
17 Fri Sep 2021 22.20 21.60 22.65 20.30 0.726 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

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
22 Wed Sep 2021 20.25 21.50 23.30 20.00 0.485 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 17, 18, 2 Sell
MACD -1, -1Buy
Stochastics 22Sell
CCI -157Sell
RSI 49Sell
OBV -1479Sell
VWAP 21Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 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 BUY signal for Mahaan Foods in short term but the buy signal is initial and weak.

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 21.4 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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Daily charts

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