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

(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 2024-04-19 View latest technical analysis

10 day averaged volume of Mahamaya Steel is 21464

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	105.80	105.10	106.35	102.50	0.182 times
18 Thu Apr 2024	106.40	108.65	110.40	104.05	0.389 times
16 Tue Apr 2024	107.05	108.85	111.20	107.00	0.329 times
15 Mon Apr 2024	108.85	108.05	110.95	107.80	1.139 times
12 Fri Apr 2024	113.45	110.15	114.50	110.15	0.613 times
10 Wed Apr 2024	114.25	115.00	116.00	109.25	0.872 times
09 Tue Apr 2024	114.55	114.00	116.00	110.60	2.038 times
08 Mon Apr 2024	112.10	110.00	112.50	109.90	1.633 times
05 Fri Apr 2024	109.60	104.05	109.90	102.55	1.34 times
04 Thu Apr 2024	104.70	105.00	107.00	103.25	0.476 times

My analysis of stock is bullish for shortterm, and stock might move up till 110.4 or till 116.8. Use a stoploss of 105.08 and if this stock hits its stoploss, then it can fall down till 99.78

Share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Target	63.90
Downside Target	66.10
Downside Target	70.85
Downside Target	96.00
Downside Target	99.20
Downside Target	102.50
Upside Target	105.95
Upside Target	109.25
Upside Target	109.90
Upside Target	111.20
Upside Target	111.35
Upside Target	116.00
Upside Target	135.80

Intraday share price targets for Mahamaya Steel (MAHASTEEL_BE)

Target Type	Value
Downside Intraday Target	101.8
Downside Intraday Target	97.8
Upside Intraday Target	110.5
Upside Intraday Target	115.2
Upside Intraday Target	106.5

Weekly technical analysis of Mahamaya Steel (MAHASTEEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	105.80	108.05	111.20	102.50	0.395 times
12 Fri Apr 2024	113.45	110.00	116.00	109.25	1.237 times
05 Fri Apr 2024	109.60	101.75	109.90	99.20	1.585 times
28 Thu Mar 2024	100.65	103.45	103.45	96.00	1.213 times
22 Fri Mar 2024	99.45	97.05	105.95	97.05	0.501 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
19 Fri Apr 2024	105.80	101.75	116.00	99.20	0.852 times
28 Thu Mar 2024	100.65	103.00	111.35	96.00	0.876 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

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 111.22 and Mahamaya Steel (MAHASTEEL_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.