(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 2022-11-29 View latest technical analysis
10 day averaged volume of Mahaan Foods is 980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 25.30 | 26.75 | 26.75 | 25.05 | 2.582 times |
| 28 Mon Nov 2022 | 26.10 | 26.80 | 26.80 | 25.50 | 0.958 times |
| 25 Fri Nov 2022 | 26.00 | 27.00 | 27.00 | 25.65 | 0.707 times |
| 24 Thu Nov 2022 | 26.50 | 27.00 | 27.00 | 25.55 | 0.198 times |
| 23 Wed Nov 2022 | 26.00 | 26.00 | 27.45 | 25.00 | 0.64 times |
| 22 Tue Nov 2022 | 26.15 | 28.00 | 28.00 | 26.05 | 0.267 times |
| 21 Mon Nov 2022 | 27.05 | 26.75 | 27.40 | 26.20 | 3.915 times |
| 18 Fri Nov 2022 | 26.40 | 26.40 | 26.40 | 25.35 | 0.062 times |
| 17 Thu Nov 2022 | 26.15 | 26.50 | 26.50 | 25.05 | 0.357 times |
| 16 Wed Nov 2022 | 25.50 | 26.00 | 27.30 | 25.00 | 1.4 times |
Stock of Mahaan Foods (MahaanFoods) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.6, but if it comes above 25.6, then a intra day buy could be more profitable.
If you take a sell trade below 25.6, then use 25.6 as stoploss and 24.9 as target. However if you take a buy trade in stock , then use 25.6 as stoploss and 26.28 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 | 24.40 |
| Downside Target | 24.95 |
| Upside Target | 26.80 |
| 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 | 24.63 |
| Downside Intraday Target | 23.97 |
| Upside Intraday Target | 26.38 |
| Upside Intraday Target | 27.47 |
| Upside Intraday Target | 25.72 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 25.30 | 26.80 | 26.80 | 25.05 | 0.618 times |
| 25 Fri Nov 2022 | 26.00 | 26.75 | 28.00 | 25.00 | 1.267 times |
| 18 Fri Nov 2022 | 26.40 | 27.00 | 28.00 | 25.00 | 1.002 times |
| 11 Fri Nov 2022 | 26.85 | 26.50 | 28.25 | 25.00 | 0.748 times |
| 04 Fri Nov 2022 | 26.40 | 26.20 | 28.00 | 24.40 | 2.365 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 |
| 29 Tue Nov 2022 | 25.30 | 26.55 | 28.25 | 24.40 | 1.203 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 | 13, 14, 4 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 27 | Sell |
| CCI | -123 | Sell |
| RSI | 43 | Sell |
| OBV | 3809 | Sell |
| VWAP | 26 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mahaan Foods stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mahaan Foods in short term but the sell signal is initial and weak.
Mahaan Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term and selling is picking up 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 26.17 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 has given negative 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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