(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 2022-11-07 View latest technical analysis
10 day averaged volume of Mahaan Foods is 875
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 28.00 | 26.50 | 28.00 | 25.35 | 1.341 times |
| 04 Fri Nov 2022 | 26.40 | 26.05 | 26.50 | 25.05 | 0.549 times |
| 03 Thu Nov 2022 | 26.00 | 26.70 | 26.70 | 24.40 | 0.919 times |
| 02 Wed Nov 2022 | 25.55 | 27.00 | 27.00 | 25.00 | 0.79 times |
| 01 Tue Nov 2022 | 25.30 | 26.55 | 28.00 | 25.00 | 1.847 times |
| 31 Mon Oct 2022 | 26.00 | 26.20 | 26.30 | 25.00 | 2.65 times |
| 28 Fri Oct 2022 | 25.05 | 26.45 | 26.45 | 25.00 | 0.472 times |
| 27 Thu Oct 2022 | 25.90 | 25.90 | 25.90 | 25.00 | 0.099 times |
| 25 Tue Oct 2022 | 24.55 | 25.00 | 25.00 | 24.00 | 1.511 times |
| 24 Mon Oct 2022 | 24.50 | 25.80 | 25.80 | 24.10 | 0.774 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 27.5, for a target of 26.3 or 25.27
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 |
| Downside Target | 26.45 |
| Downside Target | 26.95 |
| Downside Target | 27.00 |
| Downside Target | 28.00 |
| Upside Target | 33.15 |
Intraday share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Intraday Target | 26.23 |
| Downside Intraday Target | 24.47 |
| Upside Intraday Target | 28.88 |
| Upside Intraday Target | 29.77 |
| Downside Intraday Target | 27.12 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 28.00 | 26.50 | 28.00 | 25.35 | 0.198 times |
| 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 |
Price has moved up 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 |
| 07 Mon Nov 2022 | 28.00 | 26.55 | 28.00 | 24.40 | 0.266 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 | 25, 11, 40 | Buy |
| MACD | 1, 0 | Buy |
| Stochastics | 70 | None |
| CCI | 201 | Buy |
| RSI | 52 | Buy |
| OBV | 3289 | Sell |
| VWAP | 26 | Buy |
| ADL | 0 | Sell |
| ROC | 16 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining 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 BUY signal in short term and the buying is gaining 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 25.77 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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