(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 2022-12-05 View latest technical analysis
10 day averaged volume of Mahaan Foods is 1148
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Dec 2022 | 26.10 | 26.10 | 26.15 | 25.55 | 0.429 times |
| 02 Fri Dec 2022 | 25.50 | 26.10 | 26.10 | 25.40 | 0.162 times |
| 01 Thu Dec 2022 | 26.25 | 26.80 | 26.80 | 25.55 | 1.123 times |
| 30 Wed Nov 2022 | 26.25 | 26.40 | 26.40 | 25.00 | 0.807 times |
| 29 Tue Nov 2022 | 25.30 | 26.75 | 26.75 | 25.05 | 2.204 times |
| 28 Mon Nov 2022 | 26.10 | 26.80 | 26.80 | 25.50 | 0.818 times |
| 25 Fri Nov 2022 | 26.00 | 27.00 | 27.00 | 25.65 | 0.604 times |
| 24 Thu Nov 2022 | 26.50 | 27.00 | 27.00 | 25.55 | 0.169 times |
| 23 Wed Nov 2022 | 26.00 | 26.00 | 27.45 | 25.00 | 0.546 times |
| 22 Tue Nov 2022 | 26.15 | 28.00 | 28.00 | 26.05 | 0.228 times |
My analysis of stock is bearish for shortterm, and stock might move down till 25.7 or till 25. Use a stoploss of 26.32 and if the stock hits stoploss, then it can shoot up till 26.93
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 | 26.15 |
| 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 | 25.72 |
| Downside Intraday Target | 25.33 |
| Upside Intraday Target | 26.32 |
| Upside Intraday Target | 26.53 |
| Downside Intraday Target | 25.93 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Dec 2022 | 26.10 | 26.10 | 26.15 | 25.55 | 0.084 times |
| 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 |
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 |
| 05 Mon Dec 2022 | 26.10 | 26.80 | 26.80 | 25.40 | 0.088 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, 12, 3 | Buy |
| MACD | 0, 0 | Sell |
| Stochastics | 32 | None |
| CCI | -45 | Buy |
| RSI | 44 | Sell |
| OBV | 2845 | Sell |
| VWAP | 26 | Buy |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Mahaan Foods in short term but the sell signal is initial and weak.
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. 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 moving up
CCI has generated a buy signal for Mahaan Foods in short term but BUY 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 25.87 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 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 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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