Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-25 View latest technical analysis

10 day averaged volume of Mahaan Foods is 365

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	46.93	45.37	50.00	45.37	12.726 times
24 Thu Oct 2024	47.75	47.75	47.75	47.75	2.353 times
23 Wed Oct 2024	50.26	50.26	50.26	50.26	2.378 times
22 Tue Oct 2024	52.90	52.90	57.00	52.90	1.304 times
21 Mon Oct 2024	55.68	58.00	58.00	55.68	2.288 times
18 Fri Oct 2024	58.59	58.59	58.59	58.59	0.055 times
17 Thu Oct 2024	59.78	59.78	59.78	59.78	0.025 times
16 Wed Oct 2024	59.78	60.90	60.90	59.78	0.584 times
15 Tue Oct 2024	60.99	62.23	62.23	60.99	0.581 times
14 Mon Oct 2024	62.23	62.23	62.23	62.23	0.077 times

Stock of Mahaan Foods (MahaanFoods) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 46.7, for a target of 54.1 or 60.27

Share price targets for Mahaan Foods (MahaanFoods)

Target Type	Value
Downside Target	45.37
Upside Target	51.00
Upside Target	54.00
Upside Target	56.00
Upside Target	58.00
Upside Target	62.23
Upside Target	65.66
Upside Target	69.25
Upside Target	71.38
Upside Target	77.31
Upside Target	92.34

Intraday share price targets for Mahaan Foods (MahaanFoods)

Target Type	Value
Downside Intraday Target	42.2
Downside Intraday Target	37.47
Upside Intraday Target	54.83
Upside Intraday Target	62.73
Upside Intraday Target	50.1

Weekly technical analysis of Mahaan Foods (MahaanFoods)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	46.93	58.00	58.00	45.37	15.94 times
18 Fri Oct 2024	58.59	62.23	62.23	58.59	0.585 times
10 Thu Oct 2024	63.50	64.00	64.00	62.63	0.827 times
03 Thu Oct 2024	65.00	65.66	65.66	63.70	0.745 times
27 Fri Sep 2024	65.66	71.38	71.38	65.66	0.068 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
25 Fri Oct 2024	46.93	65.66	65.66	45.37	0.206 times
30 Mon Sep 2024	65.66	68.00	77.31	59.50	1.582 times
30 Fri Aug 2024	65.00	69.25	69.25	56.00	0.105 times
31 Wed Jul 2024	69.25	53.50	92.34	51.00	8.136 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 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 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 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 BUY signal in short term and the buying is gaining 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 49.41 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.