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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 2022-11-03 View latest technical analysis

10 day averaged volume of Mahaan Foods is 1037

Date Daily Closing Price Open High Low Volume
03 Thu Nov 2022 26.00 26.70 26.70 24.40 0.775 times
02 Wed Nov 2022 25.55 27.00 27.00 25.00 0.666 times
01 Tue Nov 2022 25.30 26.55 28.00 25.00 1.558 times
31 Mon Oct 2022 26.00 26.20 26.30 25.00 2.236 times
28 Fri Oct 2022 25.05 26.45 26.45 25.00 0.398 times
27 Thu Oct 2022 25.90 25.90 25.90 25.00 0.084 times
25 Tue Oct 2022 24.55 25.00 25.00 24.00 1.275 times
24 Mon Oct 2022 24.50 25.80 25.80 24.10 0.653 times
21 Fri Oct 2022 24.10 24.05 24.70 24.00 0.329 times
20 Thu Oct 2022 25.25 26.00 26.00 25.25 0.118 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 25.9, but if it comes below 25.9, then a intra day sell could be more profitable.
If you take a sell trade below 25.9, then use 25.9 as stoploss and 25.14 as target. However if you take a buy trade in stock , then use 25.9 as stoploss and 26.9 as target.

Share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Target 18.30
Downside Target 19.80
Downside Target 21.45
Downside Target 23.00
Downside Target 24.95
Upside Target 26.45
Upside Target 26.70
Upside Target 26.95
Upside Target 27.00
Upside Target 28.00
Upside Target 33.15

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Intraday Target 24.27
Downside Intraday Target 22.53
Upside Intraday Target 27.87
Upside Intraday Target 29.73
Upside Intraday Target 26.13

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date Weekly Closing Price Open High Low Volume
03 Thu Nov 2022 26.00 26.20 28.00 24.40 2.173 times
28 Fri Oct 2022 25.05 25.80 26.45 24.00 0.344 times
21 Fri Oct 2022 24.10 27.00 27.00 23.40 3.319 times
14 Fri Oct 2022 25.85 25.75 26.95 23.65 0.604 times
07 Fri Oct 2022 24.60 26.60 26.70 24.45 1.86 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
03 Thu Nov 2022 26.00 26.55 28.00 24.40 0.174 times
31 Mon Oct 2022 26.00 26.60 27.00 23.40 0.237 times
30 Fri Sep 2022 25.40 25.50 33.15 23.00 1.844 times
30 Tue Aug 2022 24.95 20.00 24.95 19.80 2.337 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 22, 13, 25 Buy
MACD 0, 0Buy
Stochastics 46None
CCI 45Sell
RSI 51Buy
OBV 4229Sell
VWAP 25Buy
ADL 0Sell
ROC 0Buy
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 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 Strong and stock is losing momentum.

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

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 getting stronger in this stock.

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 SELL signal for Mahaan Foods in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 25.34 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 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

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Daily chart

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