(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 2023-01-27 View latest technical analysis
10 day averaged volume of Mahaan Foods is 4813
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 32.65 | 25.15 | 33.05 | 25.15 | 4.701 times |
| 25 Wed Jan 2023 | 27.55 | 26.95 | 28.00 | 26.05 | 0.569 times |
| 24 Tue Jan 2023 | 26.25 | 26.25 | 27.40 | 26.15 | 0.826 times |
| 23 Mon Jan 2023 | 26.00 | 26.20 | 27.00 | 25.50 | 0.521 times |
| 20 Fri Jan 2023 | 26.05 | 28.50 | 29.00 | 23.15 | 0.837 times |
| 19 Thu Jan 2023 | 27.55 | 27.45 | 28.50 | 27.05 | 0.326 times |
| 18 Wed Jan 2023 | 27.20 | 26.10 | 27.85 | 26.10 | 1.206 times |
| 17 Tue Jan 2023 | 27.00 | 26.50 | 27.45 | 26.25 | 0.068 times |
| 16 Mon Jan 2023 | 27.00 | 28.00 | 28.20 | 26.90 | 1.82 times |
| 13 Fri Jan 2023 | 26.80 | 25.25 | 29.80 | 24.95 | 2.819 times |
Stock of Mahaan Foods (MahaanFoods) has showed a significant upmove. This could be a good time to enter in this stock!
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 30.2, for a target of 28 or 26.22
Share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Target | 22.25 |
| Downside Target | 23.00 |
| Downside Target | 24.40 |
| Downside Target | 25.15 |
| Downside Target | 26.85 |
| Downside Target | 28.00 |
| Downside Target | 28.25 |
| Downside Target | 29.00 |
| Downside Target | 29.30 |
| Downside Target | 29.80 |
| Upside Target | 33.05 |
| Upside Target | 33.15 |
Intraday share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Intraday Target | 27.52 |
| Downside Intraday Target | 22.38 |
| Upside Intraday Target | 35.42 |
| Upside Intraday Target | 38.18 |
| Downside Intraday Target | 30.28 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 32.65 | 26.20 | 33.05 | 25.15 | 1.554 times |
| 20 Fri Jan 2023 | 26.05 | 28.00 | 29.00 | 23.15 | 0.645 times |
| 13 Fri Jan 2023 | 26.80 | 24.50 | 29.80 | 23.00 | 1.314 times |
| 06 Fri Jan 2023 | 23.80 | 26.85 | 26.85 | 22.25 | 1.184 times |
| 30 Fri Dec 2022 | 26.25 | 25.45 | 28.00 | 23.10 | 0.101 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 32.65 | 26.85 | 33.05 | 22.25 | 0.46 times |
| 30 Fri Dec 2022 | 26.25 | 26.80 | 29.30 | 23.00 | 10.475 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 |
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 | 33, 14, 41 | Buy |
| MACD | 1, 1 | Buy |
| Stochastics | 70 | None |
| CCI | 281 | Buy |
| RSI | 57 | Buy |
| OBV | 62198 | Sell |
| VWAP | 29 | Buy |
| ADL | 0 | Sell |
| ROC | 29 | 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
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 green color and prices are above the green 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
Although the stock is in the BUY zone, but buying 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 28.81 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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