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(BankMaha) Bank Maha complete technical analysis [charts+indicators] | Buy/Sell Bank Maha | (BankMaha) share price targets

Complete technical analysis of Bank Maha (BankMaha) by charts plus indicators, forecast predictions and share price targets for Bank Maha (BankMaha)

Showing technical analysis as on 2024-10-18 View latest technical analysis

10 day averaged volume of Bank Maha is 1324642

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	54.30	53.75	54.98	52.45	0.514 times
17 Thu Oct 2024	53.97	54.99	55.00	53.88	0.434 times
16 Wed Oct 2024	54.55	54.95	55.73	54.33	1.279 times
15 Tue Oct 2024	54.38	54.51	55.11	53.54	1.18 times
14 Mon Oct 2024	54.16	54.50	54.80	53.80	0.731 times
11 Fri Oct 2024	54.24	54.20	54.65	53.81	0.89 times
10 Thu Oct 2024	54.17	55.10	55.64	53.97	1.064 times
09 Wed Oct 2024	54.79	56.99	57.00	54.30	2.014 times
08 Tue Oct 2024	57.01	56.01	57.24	55.36	0.697 times
07 Mon Oct 2024	55.89	58.74	58.80	55.62	1.173 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.5, but if it comes above 54.5, then a intra day buy could be more profitable.
If you take a sell trade below 54.5, then use 54.5 as stoploss and 51 as target. However if you take a buy trade in stock , then use 54.5 as stoploss and 57.35 as target.

Share price targets for Bank Maha (BankMaha)

Target Type	Value
Downside Target	52.45
Downside Target	53.81
Upside Target	55.73
Upside Target	57.40
Upside Target	61.09
Upside Target	61.95
Upside Target	62.87
Upside Target	63.47
Upside Target	67.50
Upside Target	70.75
Upside Target	73.50

Intraday share price targets for Bank Maha (BankMaha)

Target Type	Value
Downside Intraday Target	52.59
Downside Intraday Target	50.88
Upside Intraday Target	55.87
Upside Intraday Target	57.44
Downside Intraday Target	54.16

Weekly technical analysis of Bank Maha (BankMaha)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	54.30	54.50	55.73	52.45	0.709 times
11 Fri Oct 2024	54.24	58.74	58.80	53.81	3.092 times
03 Thu Oct 2024	58.48	60.00	61.09	58.10	0.265 times
27 Fri Sep 2024	59.83	58.64	63.47	58.64	2.3 times
20 Fri Sep 2024	58.42	61.04	61.95	57.40	1.114 times

Price has moved up 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 Bank Maha (BankMaha)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	54.30	60.19	60.61	52.45	0.736 times
30 Mon Sep 2024	60.25	62.87	63.47	57.40	1.044 times
30 Fri Aug 2024	62.52	67.34	67.50	59.70	0.438 times
31 Wed Jul 2024	66.93	64.99	70.75	62.87	0.924 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 Bank Maha (BankMaha)

Price action analysis of Bank Maha ( (BankMaha) ) 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 Bank Maha ( (BankMaha) ) 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 Bank Maha ( (BankMaha) ) 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 Bank Maha ( (BankMaha) ) 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 Bank Maha stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bank Maha in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bank Maha 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 moving up

CCI has generated a SELL signal for Bank Maha in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bank Maha is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.77 and Bank Maha (BankMaha) 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 Bank Maha (BankMaha) stock. Volume based technical analysis of Bank Maha (BankMaha) stock is negative.

Bank Maha 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.