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(MAITHANALL) Maithan Alloys complete technical analysis [charts+indicators] | Buy/Sell Maithan Alloys | (MAITHANALL) share price targets

Complete technical analysis of Maithan Alloys (MAITHANALL) by charts plus indicators, forecast predictions and share price targets for Maithan Alloys (MAITHANALL)

Showing technical analysis as on 2024-01-16 View latest technical analysis

10 day averaged volume of Maithan Alloys is 117763

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	1176.70	1192.00	1209.00	1168.70	0.519 times
15 Mon Jan 2024	1188.40	1188.05	1202.25	1185.00	0.436 times
12 Fri Jan 2024	1189.15	1215.00	1240.00	1180.00	0.889 times
11 Thu Jan 2024	1208.95	1216.00	1238.30	1200.00	1.31 times
10 Wed Jan 2024	1199.55	1199.95	1207.80	1181.15	0.937 times
09 Tue Jan 2024	1193.95	1218.00	1224.95	1182.60	1.108 times
08 Mon Jan 2024	1197.55	1175.70	1214.00	1162.05	1.455 times
05 Fri Jan 2024	1169.85	1168.00	1195.00	1156.65	1.375 times
04 Thu Jan 2024	1170.95	1179.60	1202.50	1161.50	1.075 times
03 Wed Jan 2024	1172.10	1198.80	1198.80	1162.00	0.626 times

My analysis of stock is bearish for shortterm, and stock might move down till 1153.3 or till 1116.6. Use a stoploss of 1183.93 and if the stock hits stoploss, then it can shoot up till 1214.54

Share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Target	982.80
Downside Target	1007.70
Downside Target	1092.10
Downside Target	1129.25
Downside Target	1173.65
Upside Target	1209.00
Upside Target	1229.00
Upside Target	1240.00
Upside Target	1261.00
Upside Target	1335.50

Intraday share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Intraday Target	1160.6
Downside Intraday Target	1144.5
Upside Intraday Target	1200.9
Upside Intraday Target	1225.1
Upside Intraday Target	1184.8

Weekly technical analysis of Maithan Alloys (MAITHANALL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	1176.70	1188.05	1209.00	1168.70	0.167 times
12 Fri Jan 2024	1189.15	1175.70	1240.00	1162.05	1.239 times
05 Fri Jan 2024	1169.85	1209.00	1229.00	1156.65	0.291 times
29 Fri Dec 2023	1190.70	1164.55	1335.50	1149.95	3.03 times
22 Fri Dec 2023	1150.75	1196.00	1261.00	1095.80	1.305 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 Maithan Alloys (MAITHANALL)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	1176.70	1209.00	1240.00	1156.65	0.385 times
29 Fri Dec 2023	1190.70	1092.10	1335.50	1092.10	3.316 times
30 Thu Nov 2023	1091.80	1040.80	1129.25	1007.70	1.39 times
31 Tue Oct 2023	1035.60	1036.30	1107.00	982.80	0.821 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 Maithan Alloys (MAITHANALL)

Price action analysis of Maithan Alloys ( (MAITHANALL) ) based on a short 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 Maithan Alloys ( (MAITHANALL) ) 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 Maithan Alloys ( (MAITHANALL) ) 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 Maithan Alloys ( (MAITHANALL) ) based on a mid to longer 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.

ADX buy sell signal for Maithan Alloys stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Maithan Alloys 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Maithan Alloys 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Maithan Alloys is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1188.09 and Maithan Alloys (MAITHANALL) 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 Maithan Alloys (MAITHANALL) stock. Volume based technical analysis of Maithan Alloys (MAITHANALL) stock is negative.

Maithan Alloys 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.