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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 2022-12-02 View latest technical analysis

10 day averaged volume of Mahaan Foods is 1136

Date Daily Closing Price Open High Low Volume
02 Fri Dec 2022 25.50 26.10 26.10 25.40 0.164 times
01 Thu Dec 2022 26.25 26.80 26.80 25.55 1.135 times
30 Wed Nov 2022 26.25 26.40 26.40 25.00 0.816 times
29 Tue Nov 2022 25.30 26.75 26.75 25.05 2.227 times
28 Mon Nov 2022 26.10 26.80 26.80 25.50 0.827 times
25 Fri Nov 2022 26.00 27.00 27.00 25.65 0.61 times
24 Thu Nov 2022 26.50 27.00 27.00 25.55 0.171 times
23 Wed Nov 2022 26.00 26.00 27.45 25.00 0.552 times
22 Tue Nov 2022 26.15 28.00 28.00 26.05 0.231 times
21 Mon Nov 2022 27.05 26.75 27.40 26.20 3.378 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.7, but if it comes above 25.7, then a intra day buy could be more profitable.
If you take a sell trade below 25.7, then use 25.7 as stoploss and 25 as target. However if you take a buy trade in stock , then use 25.7 as stoploss and 26.34 as target.

Share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Target 19.80
Downside Target 23.00
Downside Target 24.40
Downside Target 24.95
Upside Target 26.80
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 24.73
Downside Intraday Target 23.97
Upside Intraday Target 26.53
Upside Intraday Target 27.57
Upside Intraday Target 25.77

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date Weekly Closing Price Open High Low Volume
02 Fri Dec 2022 25.50 26.80 26.80 25.00 1.046 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
02 Fri Dec 2022 25.50 26.80 26.80 25.40 0.066 times
30 Wed Nov 2022 26.25 26.55 28.25 24.40 1.255 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

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, 13, 2 Buy
MACD 0, 0Sell
Stochastics 33None
CCI -123Sell
RSI 44Sell
OBV 3156Sell
VWAP 26Sell
ADL 0Sell
ROC -3Sell
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 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 to mid 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 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 BUY. 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 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 weakening, and bulls are picking up momentum!

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 but selling is losing 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 26.26 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.

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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