(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 2023-02-01 View latest technical analysis
10 day averaged volume of Mahaan Foods is 8240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 32.50 | 36.00 | 36.00 | 31.15 | 0.91 times |
| 31 Tue Jan 2023 | 34.30 | 34.00 | 34.65 | 32.10 | 0.924 times |
| 30 Mon Jan 2023 | 32.95 | 32.85 | 33.90 | 27.70 | 3.787 times |
| 27 Fri Jan 2023 | 32.65 | 25.15 | 33.05 | 25.15 | 2.746 times |
| 25 Wed Jan 2023 | 27.55 | 26.95 | 28.00 | 26.05 | 0.333 times |
| 24 Tue Jan 2023 | 26.25 | 26.25 | 27.40 | 26.15 | 0.482 times |
| 23 Mon Jan 2023 | 26.00 | 26.20 | 27.00 | 25.50 | 0.304 times |
| 20 Fri Jan 2023 | 26.05 | 28.50 | 29.00 | 23.15 | 0.489 times |
| 19 Thu Jan 2023 | 27.55 | 27.45 | 28.50 | 27.05 | 0.19 times |
| 18 Wed Jan 2023 | 27.20 | 26.10 | 27.85 | 26.10 | 0.705 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 30.4, but if it comes below 30.4, then a intra day sell could be more profitable.
If you take a sell trade below 30.4, then use 30.4 as stoploss and 27.37 as target. However if you take a buy trade in stock , then use 30.4 as stoploss and 34.1 as target.
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 | 27.70 |
| Downside Target | 29.00 |
| Downside Target | 29.80 |
| Downside Target | 31.15 |
| Upside Target | 33.05 |
| Upside Target | 34.65 |
| Upside Target | 36.00 |
Intraday share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Intraday Target | 28.13 |
| Downside Intraday Target | 23.77 |
| Upside Intraday Target | 36.43 |
| Upside Intraday Target | 40.37 |
| Downside Intraday Target | 32.07 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 32.50 | 32.85 | 36.00 | 27.70 | 1.454 times |
| 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 |
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 |
| 01 Wed Feb 2023 | 32.50 | 36.00 | 36.00 | 31.15 | 0.051 times |
| 31 Tue Jan 2023 | 34.30 | 26.85 | 34.65 | 22.25 | 0.625 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 |
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 | 29, 9, 54 | Buy |
| MACD | 3, 2 | Buy |
| Stochastics | 87 | Buy |
| CCI | 110 | Sell |
| RSI | 53 | Buy |
| OBV | 87172 | Sell |
| VWAP | 32 | Buy |
| ADL | 0 | Sell |
| ROC | 20 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short 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 short 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 31.52 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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