(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 2022-11-09 View latest technical analysis
10 day averaged volume of Mahaan Foods is 958
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 26.50 | 28.00 | 28.25 | 26.20 | 1.52 times |
| 07 Mon Nov 2022 | 28.00 | 26.50 | 28.00 | 25.35 | 1.224 times |
| 04 Fri Nov 2022 | 26.40 | 26.05 | 26.50 | 25.05 | 0.501 times |
| 03 Thu Nov 2022 | 26.00 | 26.70 | 26.70 | 24.40 | 0.839 times |
| 02 Wed Nov 2022 | 25.55 | 27.00 | 27.00 | 25.00 | 0.721 times |
| 01 Tue Nov 2022 | 25.30 | 26.55 | 28.00 | 25.00 | 1.687 times |
| 31 Mon Oct 2022 | 26.00 | 26.20 | 26.30 | 25.00 | 2.421 times |
| 28 Fri Oct 2022 | 25.05 | 26.45 | 26.45 | 25.00 | 0.431 times |
| 27 Thu Oct 2022 | 25.90 | 25.90 | 25.90 | 25.00 | 0.091 times |
| 25 Tue Oct 2022 | 24.55 | 25.00 | 25.00 | 24.00 | 1.38 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 26.4, but if it comes below 26.4, then a intra day sell could be more profitable.
If you take a sell trade below 26.4, then use 26.4 as stoploss and 25.37 as target. However if you take a buy trade in stock , then use 26.4 as stoploss and 27.6 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 |
| Downside Target | 26.45 |
| Upside Target | 26.95 |
| Upside Target | 27.00 |
| Upside Target | 28.00 |
| Upside Target | 28.25 |
| Upside Target | 33.15 |
Intraday share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Intraday Target | 25.15 |
| Downside Intraday Target | 23.8 |
| Upside Intraday Target | 28.05 |
| Upside Intraday Target | 29.6 |
| Upside Intraday Target | 26.7 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Nov 2022 | 26.50 | 26.50 | 28.25 | 25.35 | 0.445 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 |
| 09 Wed Nov 2022 | 26.50 | 26.55 | 28.25 | 24.40 | 0.348 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 | 24, 9, 43 | Buy |
| MACD | 1, 0 | Buy |
| Stochastics | 73 | Buy |
| CCI | 141 | Sell |
| RSI | 50 | Sell |
| OBV | 2400 | Sell |
| VWAP | 26 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | 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
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Mahaan Foods in short term but SELL signal is weak.
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 25.95 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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