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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 2024-01-19 View latest technical analysis

10 day averaged volume of Maithan Alloys is 114159

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	1123.10	1137.95	1153.00	1116.55	1.044 times
18 Thu Jan 2024	1125.80	1140.00	1158.90	1112.10	0.626 times
17 Wed Jan 2024	1139.05	1161.00	1205.30	1134.55	1.092 times
16 Tue Jan 2024	1176.70	1192.00	1209.00	1168.70	0.535 times
15 Mon Jan 2024	1188.40	1188.05	1202.25	1185.00	0.449 times
12 Fri Jan 2024	1189.15	1215.00	1240.00	1180.00	0.917 times
11 Thu Jan 2024	1208.95	1216.00	1238.30	1200.00	1.352 times
10 Wed Jan 2024	1199.55	1199.95	1207.80	1181.15	0.966 times
09 Tue Jan 2024	1193.95	1218.00	1224.95	1182.60	1.143 times
08 Mon Jan 2024	1197.55	1175.70	1214.00	1162.05	1.5 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1117, for a target of 1151.1 or 1179.46

Share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Target	982.80
Downside Target	1007.70
Downside Target	1092.10
Upside 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	1087.13
Downside Intraday Target	1051.17
Upside Intraday Target	1184.03
Upside Intraday Target	1244.97
Upside Intraday Target	1148.07

Weekly technical analysis of Maithan Alloys (MAITHANALL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	1123.10	1188.05	1209.00	1112.10	0.637 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
19 Fri Jan 2024	1123.10	1209.00	1240.00	1112.10	0.477 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 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 Maithan Alloys ( (MAITHANALL) ) 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Maithan Alloys Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 1177.16 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.