(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)
10 day averaged volume of Bank Maha is 1090277
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 24.91 | 25.35 | 25.35 | 24.57 | 0.798 times |
| 20 Mon Mar 2023 | 24.50 | 24.40 | 25.15 | 23.85 | 1.412 times |
| 17 Fri Mar 2023 | 25.15 | 25.41 | 25.70 | 24.86 | 0.41 times |
| 16 Thu Mar 2023 | 25.18 | 24.75 | 25.30 | 24.00 | 1.182 times |
| 15 Wed Mar 2023 | 24.80 | 25.16 | 25.68 | 24.65 | 0.788 times |
| 14 Tue Mar 2023 | 24.83 | 25.65 | 25.78 | 24.59 | 0.743 times |
| 13 Mon Mar 2023 | 25.53 | 26.30 | 26.91 | 25.40 | 0.692 times |
| 10 Fri Mar 2023 | 26.76 | 26.73 | 26.95 | 26.37 | 1.278 times |
| 09 Thu Mar 2023 | 27.12 | 27.67 | 27.75 | 27.00 | 0.886 times |
| 08 Wed Mar 2023 | 27.56 | 27.67 | 27.68 | 26.91 | 0.472 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 24.9 as stoploss in an intra day buy trade for a target of 25.85. However, stock will show a bearish move below 24.9.
Share price targets for Bank Maha (BankMaha)
| Target Type | Value |
| Downside Target | 20.05 |
| Downside Target | 23.85 |
| Downside Target | 24.65 |
| Upside Target | 25.35 |
| Upside Target | 26.37 |
| Upside Target | 26.91 |
| Upside Target | 27.80 |
| Upside Target | 28.62 |
| Upside Target | 30.10 |
| Upside Target | 31.00 |
| Upside Target | 34.40 |
| Upside Target | 36.25 |
Intraday share price targets for Bank Maha (BankMaha)
| Target Type | Value |
| Downside Intraday Target | 24.06 |
| Downside Intraday Target | 23.2 |
| Upside Intraday Target | 25.56 |
| Upside Intraday Target | 26.2 |
| Downside Intraday Target | 24.7 |
Weekly technical analysis of Bank Maha (BankMaha)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 24.91 | 24.40 | 25.35 | 23.85 | 0.579 times |
| 17 Fri Mar 2023 | 25.15 | 26.30 | 26.91 | 24.00 | 0.799 times |
| 10 Fri Mar 2023 | 26.76 | 27.95 | 28.62 | 26.37 | 0.604 times |
| 03 Fri Mar 2023 | 27.67 | 25.00 | 27.80 | 24.75 | 1.798 times |
| 24 Fri Feb 2023 | 25.15 | 27.20 | 27.20 | 24.65 | 1.221 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 Bank Maha (BankMaha)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 24.91 | 25.61 | 28.62 | 23.85 | 0.768 times |
| 28 Tue Feb 2023 | 25.50 | 30.75 | 31.00 | 24.65 | 0.434 times |
| 31 Tue Jan 2023 | 30.40 | 30.70 | 34.40 | 26.95 | 0.371 times |
| 30 Fri Dec 2022 | 30.50 | 26.25 | 36.25 | 25.35 | 1.92 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 16, 32, 35 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 22 | Sell |
| CCI | -55 | Buy |
| RSI | 59 | Buy |
| OBV | -4507829 | Sell |
| VWAP | 26 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bank Maha ( (BankMaha) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 losing momentum.
MACD generated a SELL signal for Bank Maha in short term and the sell signal is strong.
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 buy signal for Bank Maha in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Bank Maha is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.57 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.
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