(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)
10 day averaged volume of Mahaan Foods is 1255
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 25.73 | 25.99 | 25.99 | 25.73 | 0.042 times |
| 22 Wed Mar 2023 | 25.00 | 25.00 | 26.75 | 25.00 | 0.347 times |
| 21 Tue Mar 2023 | 25.69 | 26.25 | 27.20 | 25.65 | 0.899 times |
| 20 Mon Mar 2023 | 26.99 | 26.45 | 26.99 | 25.00 | 0.752 times |
| 17 Fri Mar 2023 | 25.90 | 25.75 | 25.92 | 25.50 | 0.763 times |
| 16 Thu Mar 2023 | 25.92 | 26.00 | 27.49 | 25.50 | 1.031 times |
| 15 Wed Mar 2023 | 26.69 | 27.55 | 28.00 | 26.24 | 1.767 times |
| 14 Tue Mar 2023 | 27.55 | 27.55 | 27.55 | 27.55 | 0.016 times |
| 13 Mon Mar 2023 | 28.99 | 29.25 | 29.25 | 27.17 | 2.712 times |
| 10 Fri Mar 2023 | 28.60 | 29.24 | 29.24 | 28.60 | 0.207 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.3, but if it comes above 26.3, then a intra day buy could be more profitable.
If you take a sell trade below 26.3, then use 26.3 as stoploss and 24.1 as target. However if you take a buy trade in stock , then use 26.3 as stoploss and 28.1 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 | 25.00 |
| Downside Target | 25.50 |
| Upside Target | 27.20 |
| Upside Target | 28.25 |
| Upside Target | 29.25 |
| Upside Target | 30.35 |
| Upside Target | 30.50 |
| Upside Target | 30.85 |
| Upside Target | 34.65 |
| Upside Target | 35.05 |
| Upside Target | 42.35 |
Intraday share price targets for Mahaan Foods (MahaanFoods)
| Target Type | Value |
| Downside Intraday Target | 24.75 |
| Downside Intraday Target | 23.78 |
| Upside Intraday Target | 26.95 |
| Upside Intraday Target | 28.18 |
| Upside Intraday Target | 25.98 |
Weekly technical analysis of Mahaan Foods (MahaanFoods)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Mar 2023 | 25.73 | 26.45 | 27.20 | 25.00 | 0.324 times |
| 17 Fri Mar 2023 | 25.90 | 29.25 | 29.25 | 25.50 | 1.853 times |
| 10 Fri Mar 2023 | 28.60 | 30.24 | 30.50 | 27.65 | 4.35 times |
| 03 Fri Mar 2023 | 30.24 | 29.00 | 30.85 | 27.40 | 0.174 times |
| 24 Fri Feb 2023 | 30.35 | 31.85 | 35.05 | 30.35 | 0.655 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 |
| 23 Thu Mar 2023 | 25.73 | 28.00 | 30.50 | 25.00 | 0.151 times |
| 28 Tue Feb 2023 | 29.05 | 36.00 | 42.35 | 27.20 | 0.677 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 |
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 | 15, 26, 27 | Sell |
| MACD | -2, -1 | Sell |
| Stochastics | 11 | Sell |
| CCI | -68 | Buy |
| RSI | 48 | Sell |
| OBV | -4691 | Sell |
| VWAP | 27 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Mahaan Foods ( (MahaanFoods) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 27.15 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.
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