(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 2022-11-04 View latest technical analysis
10 day averaged volume of Mahaan Foods is 839
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 26.40 | 26.05 | 26.50 | 25.05 | 0.572 times |
| 03 Thu Nov 2022 | 26.00 | 26.70 | 26.70 | 24.40 | 0.958 times |
| 02 Wed Nov 2022 | 25.55 | 27.00 | 27.00 | 25.00 | 0.824 times |
| 01 Tue Nov 2022 | 25.30 | 26.55 | 28.00 | 25.00 | 1.926 times |
| 31 Mon Oct 2022 | 26.00 | 26.20 | 26.30 | 25.00 | 2.764 times |
| 28 Fri Oct 2022 | 25.05 | 26.45 | 26.45 | 25.00 | 0.492 times |
| 27 Thu Oct 2022 | 25.90 | 25.90 | 25.90 | 25.00 | 0.104 times |
| 25 Tue Oct 2022 | 24.55 | 25.00 | 25.00 | 24.00 | 1.576 times |
| 24 Mon Oct 2022 | 24.50 | 25.80 | 25.80 | 24.10 | 0.807 times |
| 21 Fri Oct 2022 | 24.10 | 24.05 | 24.70 | 24.00 | 0.406 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 | 24.53 |
| Downside Intraday Target | 22.67 |
| Upside Intraday Target | 28.13 |
| Upside Intraday Target | 29.87 |
| Downside Intraday Target | 26.27 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 26.40 | 26.20 | 28.00 | 24.40 | 2.365 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 |
| 04 Fri Nov 2022 | 26.40 | 26.55 | 28.00 | 24.40 | 0.201 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 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 | 20, 12, 24 | Buy |
| MACD | 0, 0 | Buy |
| Stochastics | 52 | None |
| CCI | 73 | Buy |
| RSI | 49 | Sell |
| OBV | 3597 | Sell |
| VWAP | 25 | Buy |
| ADL | 0 | Sell |
| ROC | 5 | Buy |
| Force Index | 0 | Sell |
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
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. Bulls 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 buy signal for Mahaan Foods in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 25.4 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 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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