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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 2024-03-13 View latest technical analysis

10 day averaged volume of Mahaan Foods is 878

Date Daily Closing Price Open High Low Volume
13 Wed Mar 2024 37.25 39.00 39.00 34.70 3.97 times
12 Tue Mar 2024 38.00 39.39 39.39 37.00 1.005 times
11 Mon Mar 2024 37.97 37.31 39.99 37.00 1.581 times
07 Thu Mar 2024 38.26 41.00 41.00 38.00 2.056 times
06 Wed Mar 2024 39.10 41.00 41.00 39.00 0.679 times
05 Tue Mar 2024 41.00 41.50 41.50 40.00 0.554 times
04 Mon Mar 2024 39.90 39.00 40.80 39.00 0.967 times
02 Sat Mar 2024 41.00 41.00 41.00 41.00 0.057 times
01 Fri Mar 2024 40.80 40.00 41.00 40.00 2.108 times
29 Thu Feb 2024 40.00 40.00 40.00 39.00 0.206 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 38.5, but if it comes above 38.5, then a intra day buy could be more profitable.
If you take a sell trade below 38.5, then use 38.5 as stoploss and 36.3 as target. However if you take a buy trade in stock , then use 38.5 as stoploss and 40.42 as target.

Share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Target 28.10
Downside Target 32.50
Downside Target 34.70
Downside Target 35.95
Upside Target 38.00
Upside Target 39.99
Upside Target 41.50
Upside Target 42.00
Upside Target 45.50
Upside Target 45.90
Upside Target 48.50
Upside Target 49.94

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type Value
Downside Intraday Target 34.64
Downside Intraday Target 32.02
Upside Intraday Target 39.93
Upside Intraday Target 42.6
Upside Intraday Target 37.31

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date Weekly Closing Price Open High Low Volume
13 Wed Mar 2024 37.25 37.31 39.99 34.70 1.541 times
07 Thu Mar 2024 38.26 39.00 41.50 38.00 0.642 times
02 Sat Mar 2024 41.00 41.50 42.00 38.00 0.533 times
23 Fri Feb 2024 41.05 42.00 45.90 40.00 0.761 times
16 Fri Feb 2024 40.06 45.05 45.50 34.70 0.78 times

Price has moved down 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
13 Wed Mar 2024 37.25 40.00 41.50 34.70 0.21 times
29 Thu Feb 2024 40.00 45.69 49.94 34.70 0.522 times
31 Wed Jan 2024 46.86 37.90 48.50 36.66 2.037 times
29 Fri Dec 2023 37.57 33.00 40.40 32.50 0.793 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)

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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mahaan Foods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mahaan Foods in short term and the sell signal is strong.

Mahaan Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 38.63 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.

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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mahaan Foods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mahaan Foods in short term and the sell signal is strong.

Mahaan Foods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 38.63 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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