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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 2024-01-25 View latest technical analysis

10 day averaged volume of Maithan Alloys is 91035

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	1074.60	1073.95	1084.65	1062.55	0.777 times
24 Wed Jan 2024	1067.80	1071.20	1088.35	1056.85	1.124 times
23 Tue Jan 2024	1068.85	1130.00	1130.00	1062.10	0.982 times
22 Mon Jan 2024	1120.00	1132.65	1142.65	1110.50	0.351 times
19 Fri Jan 2024	1123.10	1137.95	1153.00	1116.55	1.309 times
18 Thu Jan 2024	1125.80	1140.00	1158.90	1112.10	0.786 times
17 Wed Jan 2024	1139.05	1161.00	1205.30	1134.55	1.369 times
16 Tue Jan 2024	1176.70	1192.00	1209.00	1168.70	0.671 times
15 Mon Jan 2024	1188.40	1188.05	1202.25	1185.00	0.563 times
12 Fri Jan 2024	1189.15	1215.00	1240.00	1180.00	1.15 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 1058.6, for a target of 1113.2 or 1158.63

Share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Target	982.80
Downside Target	1007.70
Downside Target	1056.85
Upside Target	1092.10
Upside Target	1162.05
Upside Target	1173.65
Upside Target	1209.00
Upside Target	1229.00
Upside Target	1240.00
Upside Target	1335.50

Intraday share price targets for Maithan Alloys (MAITHANALL)

Target Type	Value
Downside Intraday Target	1040.08
Downside Intraday Target	1005.57
Upside Intraday Target	1125.88
Upside Intraday Target	1177.17
Upside Intraday Target	1091.37

Weekly technical analysis of Maithan Alloys (MAITHANALL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	1074.60	1132.65	1142.65	1056.85	0.688 times
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

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
25 Thu Jan 2024	1074.60	1209.00	1240.00	1056.85	0.563 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 Strong and stock is gaining momentum.

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

Maithan Alloys 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 Maithan Alloys 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 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 1125.13 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 negative.

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