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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)

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, -1Sell
Stochastics 11Sell
CCI -68Buy
RSI 48Sell
OBV -4691Sell
VWAP 27Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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.

Click here for Mahaan Foods charts

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Daily charts

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

Daily chart

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