(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 2022-07-27 View latest technical analysis
10 day averaged volume of Mahaan Foods is 705
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Wed Jul 2022 | 21.05 | 20.90 | 21.45 | 20.90 | 4.319 times |
| 26 Tue Jul 2022 | 21.05 | 20.70 | 21.45 | 20.70 | 2.93 times |
| 25 Mon Jul 2022 | 20.00 | 20.75 | 20.75 | 20.00 | 0.234 times |
| 22 Fri Jul 2022 | 20.00 | 20.00 | 21.25 | 20.00 | 0.115 times |
| 21 Thu Jul 2022 | 21.20 | 20.10 | 21.40 | 20.10 | 2.916 times |
| 20 Wed Jul 2022 | 20.20 | 20.25 | 21.40 | 20.10 | 0.336 times |
| 19 Tue Jul 2022 | 20.25 | 20.25 | 20.25 | 20.25 | 0.142 times |
| 18 Mon Jul 2022 | 20.25 | 20.00 | 20.25 | 20.00 | 0.145 times |
| 15 Fri Jul 2022 | 20.25 | 20.25 | 20.25 | 20.25 | 0.759 times |
| 14 Thu Jul 2022 | 21.25 | 21.00 | 21.25 | 21.00 | 0.535 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21, but if it comes below 21, then a intra day sell could be more profitable.
If you take a sell trade below 21, then use 21 as stoploss and 20.57 as target. However if you take a buy trade in stock , then use 21 as stoploss and 21.5 as target.
Share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Target | 18.30 |
| Downside Target | 18.80 |
| Downside Target | 19.80 |
| Downside Target | 21.00 |
| Upside Target | 21.40 |
| Upside Target | 21.45 |
| Upside Target | 22.00 |
| Upside Target | 22.50 |
| Upside Target | 24.20 |
| Upside Target | 29.40 |
Intraday share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Intraday Target | 20.22 |
| Downside Intraday Target | 19.38 |
| Upside Intraday Target | 21.67 |
| Upside Intraday Target | 22.28 |
| Downside Intraday Target | 20.83 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Wed Jul 2022 | 21.05 | 20.75 | 21.45 | 20.00 | 2.048 times |
| 22 Fri Jul 2022 | 20.00 | 20.00 | 21.40 | 20.00 | 1.146 times |
| 15 Fri Jul 2022 | 20.25 | 20.85 | 21.25 | 20.25 | 0.32 times |
| 08 Fri Jul 2022 | 20.85 | 21.00 | 21.45 | 18.30 | 26.73 times |
| 01 Fri Jul 2022 | 21.00 | 20.10 | 21.00 | 20.00 | 0.045 times |
Price has moved up 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 |
| 27 Wed Jul 2022 | 21.05 | 20.00 | 21.45 | 18.30 | 0.842 times |
| 29 Wed Jun 2022 | 21.00 | 21.00 | 22.50 | 19.05 | 1.521 times |
| 31 Tue May 2022 | 20.75 | 21.45 | 22.00 | 18.80 | 0.261 times |
| 29 Fri Apr 2022 | 21.50 | 23.40 | 24.20 | 19.80 | 0.604 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 | 21, 14, 20 | Buy |
| MACD | -0, -0 | Buy |
| Stochastics | 48 | None |
| CCI | 96 | Buy |
| RSI | 52 | Buy |
| OBV | -225 | Sell |
| VWAP | 21 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
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 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 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 mid to longer 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.
ADX buy sell signal for Mahaan Foods stock for short term is BUY. 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 coming down
CCI has generated a buy signal for Mahaan Foods in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 20.97 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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