Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-08-08 View latest technical analysis

10 day averaged volume of Mahaan Foods is 1860

Date Daily Closing Price Open High Low Volume
08 Mon Aug 2022 20.35 21.50 21.50 20.25 0.674 times
05 Fri Aug 2022 21.50 20.50 21.60 20.50 2.534 times
04 Thu Aug 2022 21.15 21.15 21.15 21.00 0.411 times
03 Wed Aug 2022 21.15 22.00 23.00 21.10 2.001 times
02 Tue Aug 2022 21.85 20.90 22.00 20.90 1.11 times
01 Mon Aug 2022 20.90 20.00 21.00 20.00 0.937 times
29 Fri Jul 2022 21.00 20.10 21.00 20.10 0.101 times
28 Thu Jul 2022 20.10 21.05 21.05 20.10 0.069 times
27 Wed Jul 2022 21.05 20.90 21.45 20.90 1.637 times
26 Tue Jul 2022 21.05 20.70 21.45 20.70 1.111 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.2 as stoploss in an intra day buy trade for a target of 20.72. However, stock will show a bearish move below 20.2.

Share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Target 18.30
Downside Target 18.80
Downside Target 19.80
Upside Target 21.25
Upside Target 21.45
Upside Target 21.50
Upside Target 22.00
Upside Target 22.50
Upside Target 23.00
Upside Target 24.20

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Intraday Target 19.9
Downside Intraday Target 19.45
Upside Intraday Target 21.15
Upside Intraday Target 21.95
Upside Intraday Target 20.7

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date Weekly Closing Price Open High Low Volume
08 Mon Aug 2022 20.35 21.50 21.50 20.25 0.096 times
05 Fri Aug 2022 21.50 20.00 23.00 20.00 2.326 times
29 Fri Jul 2022 21.00 20.75 21.45 20.00 2.171 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

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
08 Mon Aug 2022 20.35 20.00 23.00 20.00 0.814 times
29 Fri Jul 2022 21.00 20.00 21.45 18.30 0.857 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

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 23, 19, 10 Buy
MACD 0, 0Buy
Stochastics 33None
CCI -66Sell
RSI 51Buy
OBV 5090Sell
VWAP 21Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 losing momentum.

MACD generated a BUY signal for Mahaan Foods in short term and the buy signal is strong.

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 green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 21.2 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.

Click here for Mahaan Foods charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme