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(MAHASTEEL_BE) Mahamaya Steel complete technical analysis [charts+indicators] | Buy/Sell Mahamaya Steel | (MAHASTEEL_BE) share price targets

Complete technical analysis of Mahamaya Steel (MAHASTEEL_BE) by charts plus indicators, forecast predictions and share price targets for Mahamaya Steel (MAHASTEEL_BE)

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 16284

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	101.50	100.00	102.00	97.10	1.102 times
19 Tue Mar 2024	100.20	99.05	102.65	98.00	0.49 times
18 Mon Mar 2024	100.00	97.05	105.95	97.05	0.348 times
15 Fri Mar 2024	101.50	108.00	108.00	99.00	0.554 times
14 Thu Mar 2024	103.25	102.30	107.40	97.25	0.95 times
13 Wed Mar 2024	102.30	107.65	108.00	102.30	0.915 times
12 Tue Mar 2024	107.65	108.75	111.35	103.40	1.795 times
11 Mon Mar 2024	108.80	106.90	111.00	106.30	1.493 times
07 Thu Mar 2024	106.25	104.10	106.40	100.40	1.219 times
06 Wed Mar 2024	101.35	104.45	105.00	100.10	0.976 times

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	63.90
Downside Target	66.10
Downside Target	68.55
Downside Target	70.85
Downside Target	74.00
Downside Target	97.05
Downside Target	100.00
Upside Target	103.00
Upside Target	105.95
Upside Target	111.35
Upside Target	115.00
Upside Target	122.00
Upside Target	135.80

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	97.05
Downside Intraday Target	92.6
Upside Intraday Target	105.95
Upside Intraday Target	110.4
Downside Intraday Target	101.5

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	101.50	97.05	105.95	97.05	0.34 times
15 Fri Mar 2024	101.50	106.90	111.35	97.25	1.37 times
07 Thu Mar 2024	106.25	101.25	107.65	100.00	0.599 times
02 Sat Mar 2024	104.90	109.10	115.00	103.00	1.042 times
23 Fri Feb 2024	112.05	119.00	122.00	106.20	0.853 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 Mahamaya Steel (MAHASTEEL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	101.50	103.00	111.35	97.05	0.657 times
29 Thu Feb 2024	103.95	135.80	135.80	103.35	2.116 times
22 Fri Sep 2023	69.00	68.40	70.85	66.10	0.784 times
31 Thu Aug 2023	68.40	69.20	71.50	63.90	1.506 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 Mahamaya Steel (MAHASTEEL_BE)

Price action analysis of Mahamaya Steel ( (MAHASTEEL_BE) ) 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 Mahamaya Steel ( (MAHASTEEL_BE) ) 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 Mahamaya Steel ( (MAHASTEEL_BE) ) 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 Mahamaya Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mahamaya Steel in short term but the sell signal is initial and weak.

Mahamaya Steel 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Mahamaya Steel 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mahamaya Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 104.43 and Mahamaya Steel (MAHASTEEL_BE) 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 Mahamaya Steel (MAHASTEEL_BE) stock. Volume based technical analysis of Mahamaya Steel (MAHASTEEL_BE) stock is negative.

Mahamaya Steel Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.